Schonfeld Strategic Advisors LLC Makes New $3.87 Million Investment in GDS Holdings Limited (NASDAQ:GDS)

Schonfeld Strategic Advisors LLC acquired a new stake in shares of GDS Holdings Limited (NASDAQ:GDS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 163,000 shares of the company's stock, valued at approximately $3,873,000. Schonfeld Strategic Advisors LLC owned approximately 0.09% of GDS as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of GDS. PNC Financial Services Group Inc. boosted its holdings in GDS by 26.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,177 shares of the company's stock valued at $75,000 after purchasing an additional 672 shares during the last quarter. Blue Trust Inc. raised 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 worth $132,000 after acquiring an additional 3,053 shares in the last quarter. Invesco Ltd. raised its holdings in shares of GDS by 4.1% in the fourth quarter. Invesco Ltd. now owns 88,423 shares of the company's stock valued at $2,101,000 after buying an additional 3,481 shares during the last quarter. Wells Fargo & Company MN grew its holdings in GDS by 1,904.2% during the fourth quarter. Wells Fargo & Company MN now owns 3,788 shares of the company's stock worth $90,000 after acquiring an additional 3,599 shares during the period. Finally, Macroview Investment Management LLC raised its stake in shares of GDS by 37.4% during the 4th quarter. Macroview Investment Management LLC now owns 18,550 shares of the company's stock worth $441,000 after buying an additional 5,050 shares during the last quarter. 33.71% of the stock is owned by hedge funds and other institutional investors.

GDS Price Performance

Shares of GDS traded down $1.02 during trading hours on Friday, hitting $25.43. The stock had a trading volume of 486,785 shares, compared to its average volume of 3,270,702. The stock has a market capitalization of $4.85 billion, a price-to-earnings ratio of -8.34 and a beta of 0.28. The company's fifty day moving average is $26.63 and its two-hundred day moving average is $25.41. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.19 and a quick ratio of 1.19. GDS Holdings Limited has a 52 week low of $7.35 and a 52 week high of $52.50.

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, beating 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 analysts' expectations of $3.11 billion. During the same quarter last year, the business earned ($2.16) earnings per share. The firm's quarterly revenue was up 9.1% compared to the same quarter last year. On average, analysts anticipate that GDS Holdings Limited will post -0.89 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Citigroup restated an "outperform" rating on shares of GDS in a report on Thursday, March 20th. StockNews.com lowered GDS from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. 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. Royal Bank of Canada downgraded GDS from an "outperform" rating to a "sector perform" rating and raised their price target for the stock from $26.00 to $37.00 in a report on Tuesday, February 25th. Finally, JMP Securities set a $40.00 price target on GDS in a report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $39.48.

GDS Company 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.