Westfield Capital Management Co. LP lessened its holdings in InterXion Holding NV (NYSE:INXN) by 4.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 584,681 shares of the technology company’s stock after selling 27,670 shares during the period. Westfield Capital Management Co. LP’s holdings in InterXion were worth $39,016,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Sycomore Asset Management bought a new stake in shares of InterXion during the fourth quarter valued at approximately $8,276,000. Resolution Capital Ltd grew its stake in shares of InterXion by 32.0% during 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 last quarter. Legal & General Group Plc grew its stake in shares of InterXion by 2.8% during 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 last quarter. New York State Common Retirement Fund grew its stake in shares of InterXion by 9.9% during the fourth quarter. New York State Common Retirement Fund now owns 92,782 shares of the technology company’s stock valued at $5,025,000 after purchasing an additional 8,382 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of InterXion by 33.4% during the third quarter. Vanguard Group Inc. now owns 85,883 shares of the technology company’s stock valued at $5,780,000 after purchasing an additional 21,527 shares during the last quarter. 95.93% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently commented on INXN. ValuEngine raised shares of InterXion from a “buy” rating to a “strong-buy” rating in a research note on Monday, June 3rd. Citigroup raised their price objective on shares of InterXion from $76.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, May 16th. Wells Fargo & Co raised their price objective on shares of InterXion from $72.00 to $80.00 and gave the company an “outperform” rating in a research note on Monday, May 13th. Stifel Nicolaus set a $74.00 price objective on shares of InterXion and gave the company a “buy” rating in a research note on Friday, May 10th. Finally, CIBC reaffirmed a “market perform” rating on shares of InterXion in a research note on Friday, May 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $80.60.

INXN stock traded down $0.67 during midday trading on Friday, reaching $73.38. The company’s stock had a trading volume of 3,944 shares, compared to its average volume of 391,976. InterXion Holding NV has a 52 week low of $50.05 and a 52 week high of $75.77. The stock has a market cap of $5.29 billion, a PE ratio of 111.14, a PEG ratio of 8.29 and a beta of 0.98. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.88 and a current ratio of 0.88.

InterXion (NYSE:INXN) last announced its quarterly earnings data on Thursday, May 9th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.04). InterXion had a net margin of 4.77% and a return on equity of 5.60%. The business had revenue of $151.53 million during the quarter, compared to the consensus estimate of $151.09 million. During the same period in the previous year, the business posted $0.17 earnings per share. InterXion’s revenue was up 13.3% compared to the same quarter last year. As a group, sell-side analysts predict that InterXion Holding NV will post 0.63 earnings per share 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, cloud platforms, Internet service providers, and other customers.

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Institutional Ownership by Quarter for InterXion (NYSE:INXN)

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