Centiva Capital LP Cuts Position in GDS Holdings $GDS

Key Points

• Centiva Capital LP trimmed its stake in GDS by 84.1% in Q3, selling 41,270 shares and leaving it with 7,830 shares valued at $303,000.
• GDS shares trade around $43.16 with a 12‑month range of $16.92–$48.61, a market cap of $8.39 billion and a P/E of 10.82; institutional investors own about 33.71% of the company.
• Analysts have a consensus rating of Moderate Buy and a $47.91 average price target, though views vary (TD Cowen cut its target to $37 while Raymond James remains a "strong-buy" and UBS targets $55).

Centiva Capital LP trimmed its position in shares of GDS Holdings (NASDAQ:GDS - Free Report) by 84.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,830 shares of the company's stock after selling 41,270 shares during the period. Centiva Capital LP's holdings in GDS were worth $303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC grew its holdings in shares of GDS by 2.4% in the third quarter. Farther Finance Advisors LLC now owns 15,111 shares of the company's stock valued at $585,000 after purchasing an additional 352 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in GDS by 3.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 10,388 shares of the company's stock valued at $390,000 after purchasing an additional 388 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in GDS by 41.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,806 shares of the company's stock valued at $55,000 after purchasing an additional 531 shares during the last quarter. Assetmark Inc. lifted its position in GDS by 1,123.2% during the third quarter. Assetmark Inc. now owns 685 shares of the company's stock valued at $27,000 after purchasing an additional 629 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of GDS by 68.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,639 shares of the company's stock worth $50,000 after buying an additional 666 shares in the last quarter. 33.71% of the stock is currently owned by institutional investors.

GDS Trading Up 0.7%

GDS stock opened at $43.16 on Tuesday. GDS Holdings has a twelve month low of $16.92 and a twelve month high of $48.61. The stock has a market capitalization of $8.39 billion, a price-to-earnings ratio of 10.82 and a beta of 0.39. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 1.65. The firm's fifty day simple moving average is $43.19 and its two-hundred day simple moving average is $38.05.

Wall Street Analyst Weigh In

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

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.

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