Bank of Montreal Can lifted its holdings in 21Vianet Group Inc (NASDAQ:VNET) by 128,700.0% during the 4th quarter, Holdings Channel reports. The firm owned 64,400 shares of the information technology services provider’s stock after acquiring an additional 64,350 shares during the quarter. Bank of Montreal Can’s holdings in 21Vianet Group were worth $514,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the company. California Public Employees Retirement System grew its stake in shares of 21Vianet Group by 37.6% in the 3rd quarter. California Public Employees Retirement System now owns 160,196 shares of the information technology services provider’s stock worth $912,000 after purchasing an additional 43,796 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of 21Vianet Group by 6.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,084,143 shares of the information technology services provider’s stock worth $6,167,000 after purchasing an additional 65,275 shares during the last quarter. Westpac Banking Corp acquired a new position in shares of 21Vianet Group in the 3rd quarter worth approximately $426,000. Penserra Capital Management LLC grew its stake in shares of 21Vianet Group by 74.9% in the 3rd quarter. Penserra Capital Management LLC now owns 136,843 shares of the information technology services provider’s stock worth $778,000 after purchasing an additional 58,608 shares during the last quarter. Finally, Pictet Asset Management Ltd. acquired a new position in shares of 21Vianet Group in the 3rd quarter worth approximately $262,000. 23.34% of the stock is currently owned by institutional investors.
Several equities analysts have recently issued reports on VNET shares. BidaskClub cut shares of 21Vianet Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 18th. ValuEngine cut shares of 21Vianet Group from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd.
21Vianet Group Inc (NASDAQ VNET) opened at $8.33 on Thursday. The stock has a market cap of $943.87, a P/E ratio of -3.24 and a beta of 1.51. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.63. 21Vianet Group Inc has a 52 week low of $4.17 and a 52 week high of $9.59.
21Vianet Group (NASDAQ:VNET) last announced its quarterly earnings data on Tuesday, December 5th. The information technology services provider reported ($0.13) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($2.06) by $1.93. The company had revenue of $133.17 million for the quarter. 21Vianet Group had a negative net margin of 57.80% and a negative return on equity of 3.50%. research analysts expect that 21Vianet Group Inc will post -0.47 earnings per share for the current fiscal year.
21Vianet Group Profile
21Vianet Group, Inc is a carrier-neutral Internet data center services provider. The Company hosts its customers’ servers and networking equipment and provides interconnectivity. The Company also provides managed network services to enable customers to deliver data across the Internet through its data transmission network and smart routing technology.
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