Bank of Montreal Can grew its stake in shares of GDS Holdings Ltd – (NASDAQ:GDS) by 177.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,912 shares of the company’s stock after acquiring an additional 21,071 shares during the period. Bank of Montreal Can’s holdings in GDS were worth $1,319,000 at the end of the most recent reporting period.
Several other institutional investors also recently added to or reduced their stakes in GDS. Barclays PLC boosted its holdings in GDS by 41.6% in the 1st quarter. Barclays PLC now owns 10,052 shares of the company’s stock worth $276,000 after buying an additional 2,952 shares during the period. Xact Kapitalforvaltning AB bought a new position in GDS in the 2nd quarter worth approximately $281,000. Wells Fargo & Company MN bought a new position in GDS in the 4th quarter worth approximately $183,000. Global X Management Co. LLC bought a new position in GDS in the 1st quarter worth approximately $224,000. Finally, Virginia Retirement Systems ET AL bought a new position in GDS in the 1st quarter worth approximately $236,000. 31.27% of the stock is owned by hedge funds and other institutional investors.
GDS opened at $30.94 on Friday. GDS Holdings Ltd – has a 12 month low of $8.80 and a 12 month high of $46.18. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $3.66 billion, a P/E ratio of -60.67 and a beta of 1.18.
GDS Holdings Limited, together with its subsidiaries, designs, builds, and operates data centers in the People's Republic of China. The company provides colocation, managed hosting, and managed cloud services. Its data centers service customers that primarily operate in the Internet and banking industries in Shanghai, Beijing, Shenzhen, Guangzhou, and Chengdu.
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