Cerebellum GP LLC increased its holdings in shares of InterXion Holding NV (NYSE:INXN) by 8,677.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,759 shares of the technology company’s stock after purchasing an additional 6,682 shares during the period. Cerebellum GP LLC’s holdings in InterXion were worth $566,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA bought a new position in shares of InterXion during the 4th quarter valued at about $210,000. Man Group plc raised its position in InterXion by 22.1% in the 3rd quarter. Man Group plc now owns 10,287 shares of the technology company’s stock valued at $838,000 after buying an additional 1,859 shares during the last quarter. Voloridge Investment Management LLC acquired a new stake in InterXion in the 3rd quarter valued at approximately $1,810,000. Zimmer Partners LP raised its position in InterXion by 1.4% in the 3rd quarter. Zimmer Partners LP now owns 253,623 shares of the technology company’s stock valued at $20,660,000 after buying an additional 3,623 shares during the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in InterXion in the 3rd quarter valued at approximately $884,000. Institutional investors and hedge funds own 92.77% of the company’s stock.
INXN has been the topic of a number of recent research reports. ValuEngine lowered InterXion from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd. SunTrust Banks lifted their target price on InterXion from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered InterXion from a “strong-buy” rating to a “hold” rating in a research report on Saturday, January 4th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $85.25.
Shares of InterXion stock opened at $86.73 on Thursday. The business’s 50 day simple moving average is $83.46 and its 200 day simple moving average is $81.00. InterXion Holding NV has a 52-week low of $57.72 and a 52-week high of $102.66. The firm has a market cap of $6.67 billion, a PE ratio of 131.41, a P/E/G ratio of 8.91 and a beta of 0.89. The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.39 and a current ratio of 1.39.
InterXion (NYSE:INXN) last announced its earnings results on Thursday, November 7th. The technology company reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.15. InterXion had a return on equity of 5.82% and a net margin of 7.51%. The business had revenue of $177.22 million for the quarter, compared to analyst estimates of $178.77 million. As a group, equities research analysts predict that InterXion Holding NV will post 0.7 EPS for the current year.
InterXion Holding N.V. provides carrier and cloud-neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, Austria, Belgium, Denmark, Ireland, Spain, Sweden, and Switzerland. The company enables its customers to connect to a range of telecommunications carriers, cloud platforms, Internet service providers, and other customers.
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