Janus Henderson Group PLC trimmed its position in InterXion Holding NV (NYSE:INXN) by 13.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 676,013 shares of the technology company’s stock after selling 103,855 shares during the quarter. Janus Henderson Group PLC owned approximately 0.95% of InterXion worth $34,430,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Westpac Banking Corp grew its position in InterXion by 47.6% during the second quarter. Westpac Banking Corp now owns 149,122 shares of the technology company’s stock valued at $6,827,000 after acquiring an additional 48,121 shares during the last quarter. Lenox Wealth Management Inc. grew its holdings in shares of InterXion by 26.9% in the third quarter. Lenox Wealth Management Inc. now owns 12,747 shares of the technology company’s stock worth $649,000 after purchasing an additional 2,704 shares during the last quarter. Aperio Group LLC boosted its holdings in InterXion by 50.1% in the second quarter. Aperio Group LLC now owns 15,520 shares of the technology company’s stock valued at $711,000 after acquiring an additional 5,183 shares in the last quarter. Ninepoint Partners LP bought a new stake in InterXion in the third quarter valued at $1,880,000. Finally, Westfield Capital Management Co. LP boosted its holdings in InterXion by 49.6% in the third quarter. Westfield Capital Management Co. LP now owns 1,174,316 shares of the technology company’s stock valued at $59,808,000 after acquiring an additional 389,315 shares in the last quarter. 86.45% of the stock is currently owned by hedge funds and other institutional investors.
Several analysts recently weighed in on INXN shares. BidaskClub cut shares of InterXion from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 14th. Stifel Nicolaus reissued a “buy” rating and set a $55.00 price objective on shares of InterXion in a research report on Thursday, September 14th. Zacks Investment Research raised InterXion from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research report on Wednesday, October 4th. SunTrust Banks reissued a “buy” rating and set a $57.00 price objective on shares of InterXion in a research report on Thursday, October 12th. Finally, Barclays lifted their price target on InterXion from $56.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 18th. Two equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $59.40.
InterXion Holding NV (NYSE INXN) traded down $0.13 during trading on Thursday, hitting $58.64. The company’s stock had a trading volume of 589,862 shares, compared to its average volume of 570,170. The company has a market cap of $4,150.00, a P/E ratio of 97.73, a P/E/G ratio of 5.95 and a beta of 0.56. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. InterXion Holding NV has a 1-year low of $36.72 and a 1-year high of $60.50.
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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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