Hel Ved Capital Management Ltd Makes New $27.04 Million Investment in GDS Holdings Limited (NASDAQ:GDS)

Hel Ved Capital Management Ltd bought a new stake in shares of GDS Holdings Limited (NASDAQ:GDSGet Rating) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 573,400 shares of the company’s stock, valued at approximately $27,042,000. GDS comprises 17.7% of Hel Ved Capital Management Ltd’s holdings, making the stock its 2nd largest holding. Hel Ved Capital Management Ltd owned about 0.31% of GDS as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lindbrook Capital LLC grew its position in shares of GDS by 105.8% during the 4th quarter. Lindbrook Capital LLC now owns 1,107 shares of the company’s stock valued at $52,000 after acquiring an additional 569 shares during the period. Guggenheim Capital LLC grew its position in shares of GDS by 8.2% during the 3rd quarter. Guggenheim Capital LLC now owns 4,048 shares of the company’s stock valued at $229,000 after acquiring an additional 308 shares during the period. Quadrature Capital Ltd bought a new stake in shares of GDS during the 3rd quarter valued at $252,000. Long Corridor Asset Management Ltd bought a new stake in shares of GDS during the 4th quarter valued at $259,000. Finally, Signaturefd LLC grew its position in shares of GDS by 26.3% during the 4th quarter. Signaturefd LLC now owns 6,453 shares of the company’s stock valued at $304,000 after acquiring an additional 1,343 shares during the period. Institutional investors and hedge funds own 53.92% of the company’s stock.

GDS stock traded down $2.14 during midday trading on Friday, reaching $28.95. The stock had a trading volume of 2,232,817 shares, compared to its average volume of 1,667,784. GDS Holdings Limited has a 52-week low of $19.83 and a 52-week high of $81.81. The company has a fifty day moving average of $33.74 and a 200 day moving average of $42.20. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of -21.13 and a beta of 1.07. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.19.

GDS (NASDAQ:GDSGet Rating) last announced its earnings results on Tuesday, March 22nd. The company reported ($0.30) earnings per share for the quarter, topping the consensus estimate of ($0.40) by $0.10. GDS had a negative net margin of 18.43% and a negative return on equity of 6.25%. The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the prior year, the firm earned ($0.26) EPS. The firm’s revenue for the quarter was up 34.0% on a year-over-year basis. Equities research analysts predict that GDS Holdings Limited will post -1.6 EPS for the current year.

GDS has been the subject of several recent analyst reports. Credit Suisse Group dropped their target price on shares of GDS from $71.50 to $48.90 and set an “outperform” rating for the company in a report on Monday, May 16th. Truist Financial dropped their price objective on shares of GDS from $85.00 to $75.00 and set a “buy” rating for the company in a report on Thursday. Zacks Investment Research raised shares of GDS from a “sell” rating to a “hold” rating in a report on Tuesday, March 22nd. Deutsche Bank Aktiengesellschaft raised shares of GDS from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a report on Thursday, March 24th. Finally, StockNews.com raised shares of GDS to a “sell” rating in a report on Wednesday, April 20th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $59.32.

GDS Company Profile (Get Rating)

GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company provides colocation, managed hosting, and managed cloud services, as well as consulting services to the cloud, internet and banking industries. The company serves cloud service providers, Internet companies, financial institutions, telecommunications and IT service providers, and large domestic private sector and multinational corporations.

Further Reading

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Institutional Ownership by Quarter for GDS (NASDAQ:GDS)

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