Henry James International Management Inc. reduced its stake in shares of InterXion Holding NV (NYSE:INXN) by 16.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,577 shares of the technology company’s stock after selling 11,995 shares during the quarter. InterXion makes up 1.9% of Henry James International Management Inc.’s holdings, making the stock its 15th largest position. Henry James International Management Inc. owned 0.08% of InterXion worth $4,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Resolution Capital Ltd increased its holdings in shares of InterXion by 32.0% in the first quarter. Resolution Capital Ltd now owns 1,148,359 shares of the technology company’s stock valued at $76,630,000 after purchasing an additional 278,311 shares during the period. Tortoise Index Solutions LLC acquired a new position in shares of InterXion in the first quarter valued at about $33,000. Legal & General Group Plc increased its holdings in shares of InterXion by 2.8% in the fourth quarter. Legal & General Group Plc now owns 198,132 shares of the technology company’s stock valued at $10,731,000 after purchasing an additional 5,448 shares during the period. Wasatch Advisors Inc. increased its holdings in shares of InterXion by 4.4% in the first quarter. Wasatch Advisors Inc. now owns 1,618,812 shares of the technology company’s stock valued at $108,023,000 after purchasing an additional 68,197 shares during the period. Finally, Edmond DE Rothschild Holding S.A. increased its holdings in shares of InterXion by 46.9% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 111,168 shares of the technology company’s stock valued at $7,418,000 after purchasing an additional 35,500 shares during the period. Hedge funds and other institutional investors own 89.66% of the company’s stock.

Shares of INXN traded down $0.36 during mid-day trading on Friday, reaching $73.92. The company had a trading volume of 746,054 shares, compared to its average volume of 440,587. InterXion Holding NV has a 52-week low of $50.05 and a 52-week high of $77.70. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 2.56. The firm has a market capitalization of $5.65 billion, a PE ratio of 112.00, a P/E/G ratio of 8.32 and a beta of 0.93. The company has a 50 day moving average price of $75.53.

InterXion (NYSE:INXN) last issued its earnings results on Thursday, May 9th. The technology company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.04). InterXion had a return on equity of 5.60% and a net margin of 4.77%. The company had revenue of $151.53 million during the quarter, compared to analysts’ expectations of $151.09 million. During the same quarter in the previous year, the company earned $0.17 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Analysts anticipate that InterXion Holding NV will post 0.63 earnings per share for the current year.

A number of brokerages have recently weighed in on INXN. Oppenheimer set a $2.00 price objective on Valeritas and gave the company a “buy” rating in a report on Friday, May 10th. Wells Fargo & Co cut their price objective on Nevro from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Monday, May 13th. Stifel Nicolaus set a $74.00 price objective on InterXion and gave the company a “buy” rating in a report on Friday, May 10th. CIBC increased their price objective on Quebecor from C$34.00 to C$35.00 in a report on Friday, May 10th. Finally, ValuEngine lowered Intersect ENT from a “buy” rating to a “hold” rating in a report on Monday, June 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $82.00.

About InterXion

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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Institutional Ownership by Quarter for InterXion (NYSE:INXN)

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