21Vianet Group Inc. (NASDAQ:VNET) is set to post its Q316 quarterly earnings results on Monday, November 28th. Analysts expect 21Vianet Group to post earnings of ($0.14) per share and revenue of $133.55 million for the quarter.

Earnings History for 21Vianet Group (NASDAQ:VNET)

21Vianet Group Inc. (NASDAQ:VNET) opened at 7.71 on Friday. The company has a 50-day moving average of $0.00 and a 200-day moving average of $0.00. 21Vianet Group Inc. has a 52 week low of $6.77 and a 52 week high of $21.32.

A number of hedge funds and other institutional investors have recently bought and sold shares of VNET. Hsbc Holdings PLC bought a new position in 21Vianet Group during the second quarter worth approximately $3,428,000. FIL Ltd bought a new position in 21Vianet Group during the second quarter worth approximately $2,905,000. Credit Suisse AG increased its position in 21Vianet Group by 29.9% in the second quarter. Credit Suisse AG now owns 1,113,017 shares of the company’s stock worth $11,364,000 after buying an additional 256,225 shares during the period. BlackRock Fund Advisors increased its position in 21Vianet Group by 136.0% in the second quarter. BlackRock Fund Advisors now owns 248,773 shares of the company’s stock worth $2,540,000 after buying an additional 143,341 shares during the period. Finally, Pacad Investment Ltd. bought a new position in 21Vianet Group during the second quarter worth approximately $1,207,000. Hedge funds and other institutional investors own 25.28% of the company’s stock.

A number of research firms recently weighed in on VNET. Zacks Investment Research raised shares of 21Vianet Group from a “sell” rating to a “hold” rating in a report on Thursday, July 28th. JPMorgan Chase & Co. lowered shares of 21Vianet Group from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $21.00 to $5.60 in a report on Wednesday, August 17th.

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About 21Vianet Group

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.

5 Day Chart for NASDAQ:VNET

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