The InterXion Holding N.V. (INXN) Stake Cut by Manning & Napier Advisors LLC

The InterXion Holding N.V. (INXN) Stake Cut by Manning & Napier Advisors LLC

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Forward Management LLC purchased a new position in InterXion Holding N.V. during the first quarter worth about $3,482,000. BNP Paribas Arbitrage SA raised its position in InterXion Holding N.V. by 6.8% in the first quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock worth $156,000 after buying an additional 250 shares during the last quarter. 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 buying an additional 10,943 shares during the last quarter. Capital Fund Management S.A. purchased a new position in InterXion Holding N.V. during the first quarter worth about $748,000. Finally, Massmutual Trust Co. FSB ADV raised its position in InterXion Holding N.V. by 5.3% in the first quarter. Massmutual Trust Co. FSB ADV now owns 8,033 shares of the technology company’s stock worth $318,000 after buying an additional 405 shares during the last quarter. 88.75% of the stock is owned by hedge funds and other institutional investors.

Manning & Napier Advisors LLC decreased its position in shares of InterXion Holding N.V. (NYSE:INXN) by 21.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 129,280 shares of the technology company’s stock after selling 35,425 shares during the period. Manning & Napier Advisors LLC owned about 0.18% of InterXion Holding N.V. worth $5,917,000 as of its most recent filing with the SEC.

InterXion Holding N.V. (INXN) traded down 0.25% during mid-day trading on Wednesday, reaching $48.23. 293,098 shares of the company traded hands. InterXion Holding N.V. has a one year low of $32.21 and a one year high of $49.34. The stock’s 50-day moving average price is $45.82 and its 200-day moving average price is $41.90. The firm has a market cap of $3.48 billion, a PE ratio of 73.08 and a beta of 0.63.

InterXion Holding N.V. (NYSE:INXN) last posted its quarterly earnings data on Wednesday, May 3rd. The technology company reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. The firm had revenue of $113.90 million during the quarter, compared to analysts’ expectations of $112.86 million. InterXion Holding N.V. had a net margin of 9.33% and a return on equity of 6.80%. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. Analysts forecast that InterXion Holding N.V. will post $0.77 earnings per share for the current fiscal year.

A number of research analysts have issued reports on the stock. Zacks Investment Research lowered shares of InterXion Holding N.V. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $49.00 price target on shares of InterXion Holding N.V. in a research note on Friday, July 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $50.00 price target (up from $48.00) on shares of InterXion Holding N.V. in a research note on Tuesday, May 23rd. ValuEngine raised shares of InterXion Holding N.V. from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Citigroup Inc. upped their price target on shares of InterXion Holding N.V. from $44.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, June 6th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $47.13.

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.

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