Beryl Capital Management LLC Invests $974,000 in GDS Holdings Limited (NASDAQ:GDS)

Beryl Capital Management LLC purchased a new position in shares of GDS Holdings Limited (NASDAQ:GDS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,999 shares of the company's stock, valued at approximately $974,000. GDS makes up approximately 0.2% of Beryl Capital Management LLC's holdings, making the stock its 29th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. PNC Financial Services Group Inc. boosted its holdings in shares of GDS by 26.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,177 shares of the company's stock worth $75,000 after buying an additional 672 shares during the last quarter. Wells Fargo & Company MN boosted its stake in GDS by 1,904.2% in the fourth quarter. Wells Fargo & Company MN now owns 3,788 shares of the company's stock valued at $90,000 after acquiring an additional 3,599 shares during the last quarter. Blue Trust Inc. grew its position in shares of GDS by 121.9% during the 4th quarter. Blue Trust Inc. now owns 5,557 shares of the company's stock valued at $132,000 after acquiring an additional 3,053 shares during the period. LPL Financial LLC purchased a new stake in shares of GDS during the 4th quarter worth approximately $310,000. Finally, Bank of Montreal Can bought a new stake in shares of GDS in the 4th quarter worth approximately $428,000. 33.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. JMP Securities set a $40.00 target price on GDS in a research report on Thursday, March 20th. StockNews.com cut GDS from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. Citigroup reiterated an "outperform" rating on shares of GDS in a research note on Thursday, March 20th. Jefferies Financial Group raised shares of GDS from a "hold" rating to a "buy" rating and set a $45.00 price target on the stock in a research report on Tuesday, March 18th. Finally, Raymond James upgraded shares of GDS from an "outperform" rating to a "strong-buy" rating and set a $53.00 price objective for the company in a research note on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, GDS presently has an average rating of "Buy" and an average target price of $39.48.

GDS Price Performance

Shares of GDS stock traded down $1.03 on Friday, reaching $25.42. The company's stock had a trading volume of 583,295 shares, compared to its average volume of 2,069,194. The company has a market capitalization of $4.84 billion, a P/E ratio of -8.33 and a beta of 0.28. GDS Holdings Limited has a 12-month low of $7.35 and a 12-month high of $52.50. The stock's 50 day simple moving average is $26.63 and its 200-day simple moving average is $25.41. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.25.

GDS (NASDAQ:GDS - Get Free Report) last posted its quarterly earnings results on Wednesday, March 19th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.17. GDS had a negative return on equity of 8.22% and a negative net margin of 35.97%. The business had revenue of $425.13 million for the quarter, compared to analyst estimates of $3.11 billion. During the same period last year, the company earned ($2.16) EPS. GDS's revenue for the quarter was up 9.1% compared to the same quarter last year. As a group, equities analysts predict that GDS Holdings Limited will post -0.89 earnings per share for the current fiscal year.

GDS Profile

GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company provides colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services.