Baader Bank Aktiengesellschaft Buys New Stake in GDS Holdings $GDS

Baader Bank Aktiengesellschaft bought a new stake in GDS Holdings (NASDAQ:GDS) during the fourth quarter, HoldingsChannel.com reports. The fund bought 15,512 shares of the company’s stock, valued at approximately $535,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Canada Pension Plan Investment Board increased its stake in GDS by 77.7% in the second quarter. Canada Pension Plan Investment Board now owns 7,004,083 shares of the company’s stock valued at $214,115,000 after acquiring an additional 3,062,658 shares during the period. Bamco Inc. NY increased its stake in GDS by 35.0% in the third quarter. Bamco Inc. NY now owns 4,258,664 shares of the company’s stock valued at $164,810,000 after acquiring an additional 1,104,756 shares during the period. Triata Capital Ltd increased its stake in GDS by 35.5% in the third quarter. Triata Capital Ltd now owns 2,407,953 shares of the company’s stock valued at $93,188,000 after acquiring an additional 630,339 shares during the period. Alyeska Investment Group L.P. increased its stake in GDS by 62.0% in the third quarter. Alyeska Investment Group L.P. now owns 1,892,103 shares of the company’s stock valued at $73,224,000 after acquiring an additional 724,290 shares during the period. Finally, Carrhae Capital LLP increased its stake in GDS by 295.4% in the third quarter. Carrhae Capital LLP now owns 1,648,278 shares of the company’s stock valued at $63,788,000 after acquiring an additional 1,231,375 shares during the period. Institutional investors own 33.71% of the company’s stock.

GDS Price Performance

Shares of GDS stock opened at $42.44 on Friday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $8.25 billion, a price-to-earnings ratio of 81.62 and a beta of 0.46. GDS Holdings has a 1-year low of $22.53 and a 1-year high of $48.61. The firm’s 50-day moving average price is $42.63 and its two-hundred day moving average price is $39.85.

GDS (NASDAQ:GDS) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.35) earnings per share for the quarter. The firm had revenue of $417.60 million for the quarter. GDS had a return on equity of 8.79% and a net margin of 8.12%. On average, equities analysts predict that GDS Holdings will post 1.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Zacks Research raised shares of GDS from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 23rd. Wall Street Zen raised shares of GDS from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings cut shares of GDS from a “hold (c+)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $64.00 price objective on shares of GDS in a research note on Tuesday, March 17th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $49.90.

GDS Company Profile

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.