Wells Fargo & Company MN lifted its stake in InterXion Holding N.V. (NYSE:INXN) by 19.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,398,890 shares of the technology company’s stock after acquiring an additional 225,215 shares during the quarter. Wells Fargo & Company MN owned 1.97% of InterXion Holding N.V. worth $64,041,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of INXN. PNC Financial Services Group Inc. lifted its holdings in InterXion Holding N.V. by 0.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 9,235 shares of the technology company’s stock worth $366,000 after buying an additional 77 shares in the last quarter. Gamco Investors INC. ET AL lifted its holdings in InterXion Holding N.V. by 0.4% during the 1st quarter. Gamco Investors INC. ET AL now owns 24,976 shares of the technology company’s stock worth $988,000 after buying an additional 89 shares in the last quarter. 1st Global Advisors Inc. lifted its holdings in InterXion Holding N.V. by 2.7% during the 1st quarter. 1st Global Advisors Inc. now owns 8,422 shares of the technology company’s stock worth $333,000 after buying an additional 218 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in InterXion Holding N.V. by 6.8% during the 1st 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 in the last quarter. Finally, Bank of Montreal Can lifted its holdings in InterXion Holding N.V. by 7.5% during the 1st quarter. Bank of Montreal Can now owns 5,064 shares of the technology company’s stock worth $200,000 after buying an additional 354 shares in the last quarter. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Shares of InterXion Holding N.V. (NYSE INXN) opened at 50.63 on Friday. The stock has a market capitalization of $3.49 billion, a P/E ratio of 72.12 and a beta of 0.63. InterXion Holding N.V. has a 12 month low of $32.21 and a 12 month high of $52.15. The firm has a 50 day moving average of $49.89 and a 200-day moving average of $44.49.

InterXion Holding N.V. (NYSE:INXN) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). InterXion Holding N.V. had a return on equity of 6.85% and a net margin of 9.25%. The firm had revenue of $120.80 million for the quarter, compared to analyst estimates of $117.13 million. During the same period in the previous year, the firm posted $0.13 earnings per share. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. Analysts forecast that InterXion Holding N.V. will post $0.74 earnings per share for the current year.

A number of equities research analysts have issued reports on INXN shares. Stifel Nicolaus reiterated a “buy” rating and set a $49.00 target price on shares of InterXion Holding N.V. in a report on Friday, July 21st. Zacks Investment Research upgraded shares of InterXion Holding N.V. from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a report on Thursday, June 15th. Cowen and Company upgraded shares of InterXion Holding N.V. from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $45.00 to $54.00 in a report on Tuesday, August 8th. BidaskClub lowered shares of InterXion Holding N.V. from a “strong-buy” rating to a “buy” rating in a report on Thursday. Finally, Citigroup Inc. increased their target price on shares of InterXion Holding N.V. from $44.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, June 6th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $52.50.

WARNING: “InterXion Holding N.V. (INXN) Stake Boosted by Wells Fargo & Company MN” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & international trademark and copyright laws. The correct version of this piece can be read at https://www.dailypolitical.com/2017/09/16/interxion-holding-n-v-inxn-stake-boosted-by-wells-fargo-company-mn.html.

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.

Institutional Ownership by Quarter for InterXion Holding N.V. (NYSE:INXN)

Receive News & Ratings for InterXion Holding N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterXion Holding N.V. and related companies with MarketBeat.com's FREE daily email newsletter.