Point72 Asset Management L.P. boosted its position in InterXion Holding NV (NYSE:INXN) by 16.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 76,900 shares of the technology company’s stock after acquiring an additional 11,100 shares during the quarter. Point72 Asset Management L.P.’s holdings in InterXion were worth $4,800,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its holdings in InterXion by 20.2% in the second quarter. PNC Financial Services Group Inc. now owns 5,987 shares of the technology company’s stock valued at $373,000 after acquiring an additional 1,007 shares in the last quarter. Northern Trust Corp raised its holdings in InterXion by 0.6% in the first quarter. Northern Trust Corp now owns 193,590 shares of the technology company’s stock valued at $12,024,000 after acquiring an additional 1,143 shares in the last quarter. Sheets Smith Wealth Management raised its holdings in InterXion by 11.4% in the second quarter. Sheets Smith Wealth Management now owns 12,043 shares of the technology company’s stock valued at $752,000 after acquiring an additional 1,229 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in InterXion by 7.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 17,244 shares of the technology company’s stock valued at $1,072,000 after acquiring an additional 1,242 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in InterXion by 0.7% in the second quarter. Legal & General Group Plc now owns 190,120 shares of the technology company’s stock valued at $11,867,000 after acquiring an additional 1,249 shares in the last quarter. 86.65% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have weighed in on INXN. Stifel Nicolaus set a $74.00 price objective on shares of InterXion and gave the stock a “buy” rating in a report on Thursday, August 2nd. Zacks Investment Research raised shares of InterXion from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. Finally, TheStreet cut shares of InterXion from a “b-” rating to a “c” rating in a report on Thursday, August 23rd. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. InterXion presently has an average rating of “Buy” and a consensus price target of $71.80.

Shares of InterXion stock opened at $68.03 on Wednesday. The firm has a market capitalization of $4.76 billion, a PE ratio of 98.59, a price-to-earnings-growth ratio of 6.36 and a beta of 0.65. InterXion Holding NV has a 12 month low of $49.15 and a 12 month high of $68.51. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.37 and a current ratio of 1.37.

InterXion (NYSE:INXN) last announced its earnings results on Thursday, August 2nd. The technology company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). The business had revenue of $138.80 million during the quarter, compared to analyst estimates of $138.27 million. InterXion had a net margin of 6.32% and a return on equity of 7.27%. The business’s revenue was up 14.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share. equities research analysts expect that InterXion Holding NV will post 0.74 EPS for the current fiscal year.

InterXion Profile

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.

Featured Article: Stock Symbols, CUSIP and Other Stock Identifiers

Want to see what other hedge funds are holding INXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for InterXion Holding NV (NYSE:INXN).

Institutional Ownership by Quarter for InterXion (NYSE:INXN)

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