Dupont Capital Management Corp decreased its position in InterXion Holding NV (NYSE:INXN) by 31.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,544 shares of the technology company’s stock after selling 6,209 shares during the quarter. Dupont Capital Management Corp’s holdings in InterXion were worth $904,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Enlightenment Research LLC acquired a new stake in shares of InterXion in the fourth quarter valued at $32,000. Resources Investment Advisors Inc. acquired a new stake in shares of InterXion in the fourth quarter valued at $34,000. Quantamental Technologies LLC acquired a new stake in shares of InterXion in the fourth quarter valued at $119,000. NumerixS Investment Technologies Inc acquired a new stake in shares of InterXion in the fourth quarter valued at $191,000. Finally, AlphaCrest Capital Management LLC acquired a new stake in shares of InterXion in the fourth quarter valued at $200,000. Institutional investors and hedge funds own 96.59% of the company’s stock.
Several analysts have recently weighed in on the company. Credit Suisse Group upped their price objective on InterXion from $69.00 to $75.00 and gave the company an “outperform” rating in a report on Thursday, March 14th. Zacks Investment Research lowered InterXion from a “hold” rating to a “sell” rating in a research report on Friday, March 8th. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $76.67.
Shares of InterXion stock opened at $71.21 on Thursday. The firm has a market cap of $5.03 billion, a PE ratio of 107.89, a P/E/G ratio of 7.52 and a beta of 1.11. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 2.00. InterXion Holding NV has a 12-month low of $50.05 and a 12-month high of $71.83.
InterXion (NYSE:INXN) last announced its earnings results on Wednesday, March 6th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). The company had revenue of $146.90 million for the quarter, compared to analyst estimates of $147.94 million. InterXion had a return on equity of 6.47% and a net margin of 5.55%. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same period last year, the firm earned $0.17 earnings per share. Equities research analysts predict that InterXion Holding NV will post 0.67 EPS for the current fiscal 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.
Further Reading: Rule of 72
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