GDS Holdings $GDS Shares Acquired by Dymon Asia Capital Singapore PTE. LTD.

Dymon Asia Capital Singapore PTE. LTD. lifted its holdings in shares of GDS Holdings (NASDAQ:GDS) by 44.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,298 shares of the company’s stock after acquiring an additional 28,575 shares during the quarter. Dymon Asia Capital Singapore PTE. LTD.’s holdings in GDS were worth $3,221,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AI Squared Management Ltd lifted its holdings in shares of GDS by 793.5% during the 3rd quarter. AI Squared Management Ltd now owns 98,280 shares of the company’s stock valued at $3,803,000 after acquiring an additional 87,280 shares in the last quarter. Hidden Lake Asset Management LP lifted its holdings in shares of GDS by 16.3% during the 3rd quarter. Hidden Lake Asset Management LP now owns 205,496 shares of the company’s stock valued at $7,953,000 after acquiring an additional 28,806 shares in the last quarter. Aberdeen Group plc lifted its holdings in shares of GDS by 27.5% during the 4th quarter. Aberdeen Group plc now owns 576,498 shares of the company’s stock valued at $20,120,000 after acquiring an additional 124,473 shares in the last quarter. Pictet Asset Management Holding SA acquired a new position in shares of GDS during the 4th quarter valued at $4,983,000. Finally, Elevate Capital Advisors LLC acquired a new position in shares of GDS during the 4th quarter valued at $552,000. Institutional investors and hedge funds own 33.71% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on GDS shares. TD Cowen reduced their target price on shares of GDS from $37.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Wall Street Zen upgraded shares of GDS from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Piper Sandler set a $36.00 price objective on shares of GDS in a report on Thursday, May 21st. Zacks Research lowered shares of GDS from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Weiss Ratings upgraded shares of GDS from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $48.04.

Insider Activity

In other news, VP Yixin Qian sold 10,000 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $35.25, for a total value of $352,500.00. Following the completion of the sale, the vice president owned 66,865 shares of the company’s stock, valued at approximately $2,356,991.25. The trade was a 13.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Judy Qing Ye sold 37,394 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $36.21, for a total transaction of $1,354,036.74. Additional details regarding this sale are available in the official SEC disclosure. 7.99% of the stock is currently owned by insiders.

GDS Stock Performance

Shares of GDS stock opened at $32.56 on Friday. GDS Holdings has a 12 month low of $25.47 and a 12 month high of $48.61. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.87 and a quick ratio of 1.87. The firm has a market capitalization of $6.52 billion, a P/E ratio of 20.74 and a beta of 0.39. The company’s fifty day moving average price is $39.94 and its two-hundred day moving average price is $40.22.

GDS (NASDAQ:GDS) last issued its quarterly earnings data on Friday, May 15th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $1.56. GDS had a net margin of 23.83% and a return on equity of 15.62%. The firm had revenue of $426.13 million for the quarter, compared to analyst estimates of $436.44 million. During the same quarter in the previous year, the business posted $3.47 EPS. The firm’s revenue was up 23.7% compared to the same quarter last year. On average, research analysts anticipate that GDS Holdings will post 5.65 earnings per share for the current fiscal year.

About GDS

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.