Resolution Capital Ltd Acquires 278,311 Shares of InterXion Holding NV (INXN)

Resolution Capital Ltd grew its holdings in InterXion Holding NV (NYSE:INXN) by 32.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,148,359 shares of the technology company’s stock after buying an additional 278,311 shares during the period. InterXion makes up 2.5% of Resolution Capital Ltd’s portfolio, making the stock its 17th largest holding. Resolution Capital Ltd owned approximately 1.61% of InterXion worth $76,630,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of INXN. Enlightenment Research LLC purchased a new position in shares of InterXion during the 4th quarter worth about $32,000. Resources Investment Advisors Inc. bought a new stake in InterXion during the 4th quarter valued at about $34,000. Tower Research Capital LLC TRC lifted its holdings in InterXion by 723.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,506 shares of the technology company’s stock valued at $101,000 after buying an additional 1,323 shares in the last quarter. Quantamental Technologies LLC bought a new stake in InterXion during the 4th quarter valued at about $119,000. Finally, NumerixS Investment Technologies Inc bought a new stake in InterXion during the 4th quarter valued at about $191,000. 96.21% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on INXN shares. Credit Suisse Group decreased their price objective on shares of InterXion from $70.00 to $69.00 and set an “outperform” rating for the company in a report on Thursday, March 7th. Zacks Investment Research lowered shares of InterXion from a “hold” rating to a “sell” rating in a report on Friday, March 8th. Finally, ValuEngine lowered shares of InterXion from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 2nd. One research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $76.14.

Shares of NYSE:INXN traded down $0.80 during trading hours on Wednesday, hitting $67.43. The company’s stock had a trading volume of 5,081 shares, compared to its average volume of 472,557. InterXion Holding NV has a 52 week low of $50.05 and a 52 week high of $69.44. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.89 and a current ratio of 1.26. The firm has a market cap of $4.84 billion, a P/E ratio of 102.17, a P/E/G ratio of 7.15 and a beta of 1.12.

InterXion (NYSE:INXN) last posted its quarterly earnings results on Wednesday, March 6th. The technology company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.07). The business had revenue of $146.90 million during the quarter, compared to the consensus estimate of $147.94 million. InterXion had a net margin of 5.55% and a return on equity of 6.47%. The company’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 EPS. On average, research analysts predict that InterXion Holding NV will post 0.68 EPS for the current fiscal year.

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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, Internet service providers, and other customers.

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Institutional Ownership by Quarter for InterXion (NYSE:INXN)

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