SG Americas Securities LLC lifted its stake in shares of InterXion Holding NV (NYSE:INXN) by 208.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,379 shares of the technology company’s stock after purchasing an additional 21,216 shares during the quarter. SG Americas Securities LLC’s holdings in InterXion were worth $1,849,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the business. Massey Quick Simon & CO. LLC acquired a new stake in InterXion during the 3rd quarter worth about $133,000. Advisor Group Inc. raised its holdings in InterXion by 38.7% during the 3rd quarter. Advisor Group Inc. now owns 3,840 shares of the technology company’s stock worth $196,000 after buying an additional 1,071 shares during the period. Emerald Advisers Inc. PA acquired a new stake in InterXion during the 3rd quarter worth about $214,000. Dynamic Technology Lab Private Ltd acquired a new stake in InterXion during the 3rd quarter worth about $247,000. Finally, Stifel Financial Corp acquired a new stake in InterXion during the 2nd quarter worth about $227,000. Hedge funds and other institutional investors own 88.18% of the company’s stock.
Several equities analysts have weighed in on the company. BidaskClub raised InterXion from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 4th. Citigroup lifted their target price on InterXion from $57.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Guggenheim reaffirmed a “buy” rating and set a $67.00 target price on shares of InterXion in a research note on Thursday, January 25th. Zacks Investment Research cut InterXion from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, Oppenheimer reissued a “buy” rating and issued a $68.00 price target on shares of InterXion in a research note on Tuesday, January 9th. Two equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $63.00.
InterXion Company Profile
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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