APEIRON CAPITAL Ltd Invests $382,000 in GDS Holdings (NASDAQ:GDS)

APEIRON CAPITAL Ltd purchased a new position in GDS Holdings (NASDAQ:GDS - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,100 shares of the company's stock, valued at approximately $382,000. GDS accounts for approximately 0.2% of APEIRON CAPITAL Ltd's investment portfolio, making the stock its 11th largest holding.

Several other hedge funds have also recently modified their holdings of GDS. SG Americas Securities LLC bought a new position in shares of GDS during the 1st quarter worth approximately $523,000. Amiral Gestion bought a new position in shares of GDS during the 4th quarter worth approximately $333,000. Voloridge Investment Management LLC raised its stake in shares of GDS by 36.9% during the 4th quarter. Voloridge Investment Management LLC now owns 521,171 shares of the company's stock worth $12,383,000 after acquiring an additional 140,343 shares in the last quarter. Woodline Partners LP bought a new position in shares of GDS during the 4th quarter worth approximately $4,877,000. Finally, Vident Advisory LLC raised its stake in shares of GDS by 23.9% during the 4th quarter. Vident Advisory LLC now owns 24,390 shares of the company's stock worth $580,000 after acquiring an additional 4,710 shares in the last quarter. Hedge funds and other institutional investors own 33.71% of the company's stock.

Wall Street Analysts Forecast Growth

GDS has been the subject of several recent analyst reports. Jefferies Financial Group upgraded shares of GDS from a "hold" rating to a "buy" rating and set a $45.00 price objective for the company in a research note on Tuesday, March 18th. JMP Securities restated a "market outperform" rating and set a $40.00 price target on shares of GDS in a research note on Wednesday, May 21st. Citigroup restated an "outperform" rating on shares of GDS in a research note on Thursday, March 20th. Royal Bank Of Canada lowered shares of GDS from an "outperform" rating to a "sector perform" rating and upped their price target for the company from $26.00 to $37.00 in a research note on Tuesday, February 25th. Finally, Wall Street Zen upgraded shares of GDS from a "sell" rating to a "hold" rating in a research note on Wednesday, May 21st. Two analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $39.48.

GDS Trading Up 1.8%

Shares of GDS stock opened at $27.54 on Tuesday. The firm has a market capitalization of $5.25 billion, a price-to-earnings ratio of 8.45 and a beta of 0.26. GDS Holdings has a 12-month low of $8.94 and a 12-month high of $52.50. The firm's 50 day simple moving average is $25.68 and its two-hundred day simple moving average is $26.74. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.62.

GDS (NASDAQ:GDS - Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The company reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.70. The firm had revenue of $375.14 million for the quarter, compared to analyst estimates of $2.72 billion. GDS had a net margin of 39.90% and a return on equity of 0.78%. The business's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($1.96) earnings per share. Analysts predict that GDS Holdings will post -0.89 EPS for the current 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.

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