GDS Holdings $GDS Position Raised by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its position in shares of GDS Holdings (NASDAQ:GDS) by 914.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 43,257 shares of the company’s stock after purchasing an additional 38,992 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in GDS were worth $1,674,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC acquired a new position in GDS during the 2nd quarter valued at about $306,000. Light Street Capital Management LLC acquired a new position in GDS during the 2nd quarter worth $21,845,000. Taikang Asset Management Hong Kong Co Ltd bought a new position in shares of GDS in the second quarter worth $1,681,000. Aberdeen Group plc increased its holdings in shares of GDS by 37.7% during the second quarter. Aberdeen Group plc now owns 537,175 shares of the company’s stock valued at $16,413,000 after purchasing an additional 147,028 shares during the period. Finally, Aspex Management HK Ltd lifted its holdings in GDS by 46.4% in the second quarter. Aspex Management HK Ltd now owns 4,406,949 shares of the company’s stock worth $134,720,000 after purchasing an additional 1,397,073 shares during the period. Institutional investors and hedge funds own 33.71% of the company’s stock.

GDS Trading Down 1.6%

GDS opened at $44.34 on Wednesday. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 1.65. The stock has a 50-day moving average of $38.37 and a 200-day moving average of $36.28. GDS Holdings has a 52-week low of $16.92 and a 52-week high of $52.50.

GDS (NASDAQ:GDS) last posted its earnings results on Wednesday, November 19th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.51. GDS had a net margin of 49.60% and a return on equity of 5.17%. The business had revenue of $405.28 million for the quarter, compared to analyst estimates of $402.81 million. During the same period last year, the business posted ($0.14) EPS. GDS’s revenue was up 10.2% compared to the same quarter last year. Equities analysts forecast that GDS Holdings will post -0.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Raymond James Financial reaffirmed a “strong-buy” rating on shares of GDS in a research note on Tuesday, January 13th. UBS Group set a $55.00 price target on GDS in a research note on Monday, December 1st. Macquarie set a $46.70 price objective on GDS in a research note on Thursday, November 6th. TD Cowen lowered their target price on GDS from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Thursday, November 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of GDS in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, GDS has an average rating of “Moderate Buy” and a consensus price target of $46.70.

GDS News Summary

Here are the key news stories impacting GDS this week:

• Neutral Sentiment: Multiple news outlets are publishing stories about “India Post GDS” recruitment for thousands of postal vacancies (28,740 posts) — these items refer to India Post’s Gramin Dak Sevak program and are not related to GDS Holdings, the China-based data‑centre operator. Investors should ignore these recruitment headlines when assessing NASDAQ:GDS. Article Title
• Negative Sentiment: At least one market report flags a “significant increase in short interest” in GDS Holdings, which, if accurate, could pressure the stock and increase volatility as short sellers target shares. However, publicly posted short‑interest figures in the dataset supplied appear inconsistent/erroneous (showing 0 shares), so confirm with exchange short‑interest data or your broker before acting. GDS Holdings (NASDAQ:GDS) Sees Significant Increase in Short Interest

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.