XY Capital Ltd lifted its stake in Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC – Free Report) by 1,255.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,275 shares of the company’s stock after purchasing an additional 138,266 shares during the period. Kingsoft Cloud makes up 1.0% of XY Capital Ltd’s investment portfolio, making the stock its 23rd largest holding. XY Capital Ltd’s holdings in Kingsoft Cloud were worth $1,544,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently made changes to their positions in KC. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Kingsoft Cloud by 14.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after purchasing an additional 1,170 shares during the period. CWM LLC acquired a new stake in shares of Kingsoft Cloud in the fourth quarter valued at about $132,000. Equitable Holdings Inc. acquired a new stake in shares of Kingsoft Cloud in the third quarter valued at about $150,000. Nomura Holdings Inc. acquired a new stake in shares of Kingsoft Cloud in the second quarter valued at about $175,000. Finally, Personal CFO Solutions LLC lifted its stake in shares of Kingsoft Cloud by 11.1% in the third quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock valued at $182,000 after purchasing an additional 1,212 shares during the period. Institutional investors and hedge funds own 13.40% of the company’s stock.
Analyst Ratings Changes
KC has been the subject of several recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Tuesday, April 21st. Jefferies Financial Group raised their price objective on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Finally, Zacks Research cut shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Kingsoft Cloud currently has an average rating of “Moderate Buy” and an average target price of $18.53.
Kingsoft Cloud Stock Performance
Shares of KC opened at $10.88 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.37. The stock has a market cap of $3.29 billion, a P/E ratio of -23.15 and a beta of 1.94. The company has a 50-day moving average of $14.75 and a two-hundred day moving average of $13.32. Kingsoft Cloud Holdings Limited Sponsored ADR has a 12-month low of $10.29 and a 12-month high of $18.52.
Kingsoft Cloud (NASDAQ:KC – Get Free Report) last announced its earnings results on Friday, May 15th. The company reported ($0.17) earnings per share (EPS) for the quarter. The business had revenue of $392.15 million for the quarter. Kingsoft Cloud had a negative return on equity of 11.67% and a negative net margin of 9.38%. As a group, research analysts predict that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.46 EPS for the current fiscal year.
Kingsoft Cloud Profile
Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.
The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.
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