Wasatch Advisors Inc. purchased a new stake in InterXion Holding N.V. (NYSE:INXN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 639,149 shares of the technology company’s stock, valued at approximately $32,552,000. Wasatch Advisors Inc. owned 0.90% of InterXion as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Massey Quick Simon & CO. LLC acquired a new stake in shares of InterXion during the third quarter worth approximately $133,000. Oppenheimer Asset Management Inc. boosted its holdings in InterXion by 19.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 3,363 shares of the technology company’s stock worth $153,000 after purchasing an additional 552 shares during the period. Advisor Group Inc. boosted its holdings in InterXion by 38.7% in the third quarter. Advisor Group Inc. now owns 3,840 shares of the technology company’s stock worth $196,000 after purchasing an additional 1,071 shares during the period. FineMark National Bank & Trust acquired a new position in InterXion in the second quarter worth $206,000. Finally, Emerald Advisers Inc. PA acquired a new position in InterXion in the third quarter worth $214,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.
A number of equities analysts have commented on INXN shares. BidaskClub raised shares of InterXion from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. SunTrust Banks reiterated a “buy” rating and issued a $57.00 target price on shares of InterXion in a research note on Thursday, October 12th. Stifel Nicolaus restated a “buy” rating and set a $55.00 price objective on shares of InterXion in a research note on Thursday, September 14th. Barclays lifted their price objective on shares of InterXion from $56.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Finally, Citigroup boosted their price target on shares of InterXion from $57.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. InterXion currently has a consensus rating of “Buy” and a consensus target price of $56.80.
Shares of InterXion Holding N.V. (INXN) traded up $1.47 during trading on Thursday, hitting $56.83. The stock had a trading volume of 421,652 shares, compared to its average volume of 427,112. InterXion Holding N.V. has a fifty-two week low of $33.78 and a fifty-two week high of $59.14. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. The firm has a market cap of $3,942.96, a price-to-earnings ratio of 86.38, a price-to-earnings-growth ratio of 6.28 and a beta of 0.56.
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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.
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