GDS Holdings $GDS is Eschler Asset Management LLP’s Largest Position

Eschler Asset Management LLP lifted its position in shares of GDS Holdings (NASDAQ:GDS) by 35.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 481,471 shares of the company’s stock after acquiring an additional 126,271 shares during the quarter. GDS accounts for approximately 13.8% of Eschler Asset Management LLP’s investment portfolio, making the stock its biggest holding. Eschler Asset Management LLP owned approximately 0.25% of GDS worth $18,633,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Barometer Capital Management Inc. raised its holdings in GDS by 77.9% in the 3rd quarter. Barometer Capital Management Inc. now owns 93,600 shares of the company’s stock worth $3,622,000 after purchasing an additional 41,000 shares during the period. Monolith Management Ltd grew its holdings in GDS by 14.4% in the third quarter. Monolith Management Ltd now owns 345,305 shares of the company’s stock valued at $13,363,000 after purchasing an additional 43,433 shares during the period. Infini Capital Management Ltd increased its position in shares of GDS by 13,000.0% in the third quarter. Infini Capital Management Ltd now owns 13,100 shares of the company’s stock valued at $507,000 after buying an additional 13,000 shares in the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of GDS in the third quarter valued at approximately $4,032,000. Finally, Triata Capital Ltd raised its stake in shares of GDS by 35.5% during the 3rd quarter. Triata Capital Ltd now owns 2,407,953 shares of the company’s stock worth $93,188,000 after buying an additional 630,339 shares during the period. 33.71% of the stock is currently owned by institutional investors and hedge funds.

GDS Trading Down 2.0%

NASDAQ GDS opened at $42.82 on Friday. The stock’s 50 day simple moving average is $42.98 and its 200-day simple moving average is $37.87. GDS Holdings has a 1-year low of $16.92 and a 1-year high of $48.61. The company has a debt-to-equity ratio of 1.65, a quick ratio of 2.51 and a current ratio of 2.51.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on GDS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of GDS in a research report on Monday, December 29th. Raymond James Financial reissued a “strong-buy” rating on shares of GDS in a report on Tuesday, January 13th. UBS Group set a $55.00 price objective on shares of GDS in a report on Monday, December 1st. Finally, TD Cowen dropped their target price on shares of GDS from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.91.

About GDS

GDS Holdings Limited, founded in 2001 and headquartered in Shanghai, is a leading network-neutral data center services provider in China. The company operates a portfolio of state-of-the-art data center facilities designed to support the mission-critical IT infrastructure of cloud service providers, internet enterprises, financial institutions, and government entities. GDS was among the first Chinese providers to offer high-density colocation solutions, catering to customers with demanding computing and storage requirements.

GDS specializes in delivering scalable colocation, cross-connect, and interconnection services within its facilities, enabling clients to establish high-speed, low-latency connections to major cloud platforms and internet exchange points.