Kornitzer Capital Management Inc. KS Decreases Holdings in InterXion Holding N.V. (INXN)

Kornitzer Capital Management Inc. KS lessened its holdings in InterXion Holding N.V. (NYSE:INXN) by 22.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 231,565 shares of the technology company’s stock after selling 66,395 shares during the period. Kornitzer Capital Management Inc. KS owned approximately 0.33% of InterXion Holding N.V. worth $11,794,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of INXN. Bank of New York Mellon Corp raised its position in InterXion Holding N.V. by 20.3% in the first quarter. Bank of New York Mellon Corp now owns 64,974 shares of the technology company’s stock worth $2,570,000 after purchasing an additional 10,943 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in InterXion Holding N.V. by 26.5% in the first quarter. Parametric Portfolio Associates LLC now owns 55,822 shares of the technology company’s stock valued at $2,208,000 after acquiring an additional 11,697 shares during the last quarter. Wellington Management Group LLP boosted its stake in InterXion Holding N.V. by 479.2% in the first quarter. Wellington Management Group LLP now owns 66,149 shares of the technology company’s stock valued at $2,616,000 after acquiring an additional 54,729 shares during the last quarter. Teachers Advisors LLC boosted its stake in InterXion Holding N.V. by 5.1% in the first quarter. Teachers Advisors LLC now owns 518,000 shares of the technology company’s stock valued at $20,492,000 after acquiring an additional 25,000 shares during the last quarter. Finally, TIAA CREF Investment Management LLC raised its holdings in InterXion Holding N.V. by 2.4% in the first quarter. TIAA CREF Investment Management LLC now owns 109,076 shares of the technology company’s stock worth $4,315,000 after purchasing an additional 2,514 shares during the period. 87.62% of the stock is owned by hedge funds and other institutional investors.

Shares of InterXion Holding N.V. (NYSE:INXN) traded up $0.03 during mid-day trading on Wednesday, hitting $57.60. 168,144 shares of the stock traded hands, compared to its average volume of 430,189. The stock has a market capitalization of $4,070.00, a P/E ratio of 89.66, a P/E/G ratio of 6.52 and a beta of 0.53. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.72 and a current ratio of 0.72. InterXion Holding N.V. has a 52 week low of $32.21 and a 52 week high of $57.95.

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INXN has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of InterXion Holding N.V. from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Cowen and Company raised shares of InterXion Holding N.V. from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $45.00 to $54.00 in a report on Wednesday, August 2nd. Oppenheimer Holdings, Inc. boosted their target price on shares of InterXion Holding N.V. from $48.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, August 3rd. Stifel Nicolaus restated a “buy” rating and set a $55.00 price objective (up previously from $49.00) on shares of InterXion Holding N.V. in a report on Thursday, August 3rd. Finally, Barclays PLC upped their price objective on shares of InterXion Holding N.V. from $45.00 to $56.00 and gave the stock an “overweight” rating in a report on Monday, August 7th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. InterXion Holding N.V. has a consensus rating of “Buy” and an average price target of $55.70.

About InterXion Holding N.V.

InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company operates through two segments: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its operations in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland.

Institutional Ownership by Quarter for InterXion Holding N.V. (NYSE:INXN)

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