GDS Holdings Ltd – (GDS) Shares Bought by Fmr LLC

Fmr LLC increased its holdings in GDS Holdings Ltd – (NASDAQ:GDS) by 0.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,007,564 shares of the company’s stock after acquiring an additional 4,517 shares during the period. Fmr LLC owned about 2.56% of GDS worth $120,573,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Security National Trust Co. increased its position in GDS by 100.0% in the 2nd quarter. Security National Trust Co. now owns 4,000 shares of the company’s stock worth $160,000 after purchasing an additional 2,000 shares during the last quarter. Comerica Bank acquired a new position in GDS in the 2nd quarter worth about $234,000. Virginia Retirement Systems ET AL acquired a new position in GDS in the 1st quarter worth about $236,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new position in GDS in the 2nd quarter worth about $254,000. Finally, Barclays PLC increased its position in GDS by 41.6% in the 1st quarter. Barclays PLC now owns 10,052 shares of the company’s stock worth $276,000 after purchasing an additional 2,952 shares during the last quarter. 39.28% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ GDS opened at $34.74 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 1.78. The stock has a market cap of $3.99 billion, a PE ratio of -68.12 and a beta of 2.53. GDS Holdings Ltd – has a 52 week low of $10.70 and a 52 week high of $46.18.



Several research analysts have weighed in on the company. Zacks Investment Research lowered GDS from a “buy” rating to a “hold” rating in a research report on Tuesday, September 11th. BidaskClub raised GDS from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 15th. Credit Suisse Group raised GDS from a “neutral” rating to an “outperform” rating in a research report on Wednesday, August 1st. Finally, Guggenheim assumed coverage on GDS in a research report on Thursday, June 14th. They issued a “buy” rating and a $50.00 target price on the stock. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $40.59.

GDS Company Profile

GDS Holdings Limited, together with its subsidiaries, designs, builds, and operates data centers in the People's Republic of China. The company provides colocation, managed hosting, and managed cloud services. Its data centers service customers that primarily operate in the Internet and banking industries in Shanghai, Beijing, Shenzhen, Guangzhou, and Chengdu.

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Institutional Ownership by Quarter for GDS (NASDAQ:GDS)

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