Calamos Wealth Management LLC lowered its position in InterXion Holding NV (NYSE:INXN) by 77.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 8,514 shares of the company’s stock after selling 29,415 shares during the period. Calamos Wealth Management LLC’s holdings in InterXion Holding NV were worth $314,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in INXN. Bank of Montreal Can bought a new stake in shares of InterXion Holding NV during the second quarter worth $174,000. 1st Global Advisors Inc. boosted its stake in shares of InterXion Holding NV by 9.2% in the second quarter. 1st Global Advisors Inc. now owns 7,040 shares of the company’s stock worth $260,000 after buying an additional 596 shares during the last quarter. Aperio Group LLC bought a new stake in shares of InterXion Holding NV during the first quarter worth $299,000. Fox Run Management L.L.C. bought a new stake in shares of InterXion Holding NV during the second quarter worth $483,000. Finally, Nicholas Investment Partners LP bought a new stake in shares of InterXion Holding NV during the first quarter worth $689,000. Institutional investors and hedge funds own 85.28% of the company’s stock.
InterXion Holding NV (NYSE:INXN) traded down 0.11% during midday trading on Tuesday, hitting $37.08. The stock had a trading volume of 314,063 shares. The stock’s 50-day moving average is $37.25 and its 200-day moving average is $36.10. InterXion Holding NV has a one year low of $26.14 and a one year high of $38.72. The company has a market cap of $2.61 billion, a P/E ratio of 56.35 and a beta of 1.07.
InterXion Holding NV (NYSE:INXN) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by $0.01. The company had revenue of $104.03 million for the quarter, compared to analyst estimates of $104.18 million. InterXion Holding NV had a net margin of 10.35% and a return on equity of 7.79%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.31 earnings per share. Equities analysts predict that InterXion Holding NV will post $0.62 EPS for the current fiscal year.
A number of brokerages have recently weighed in on INXN. Wells Fargo & Co. upgraded InterXion Holding NV from a “market perform” rating to an “outperform” rating in a research report on Tuesday, May 31st. They noted that the move was a valuation call. Zacks Investment Research upgraded InterXion Holding NV from a “sell” rating to a “hold” rating in a research report on Wednesday, August 31st. SunTrust Banks Inc. began coverage on InterXion Holding NV in a research report on Thursday, July 21st. They issued a “buy” rating and a $45.00 target price on the stock. Finally, Jefferies Group cut InterXion Holding NV from a “buy” rating to a “hold” rating in a research report on Monday, June 13th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. InterXion Holding NV has a consensus rating of “Buy” and an average price target of $36.80.
About InterXion Holding NV
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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