GDS Holdings Ltd – (NASDAQ:GDS) saw some unusual options trading on Tuesday. Investors purchased 8,218 put options on the stock. This is an increase of approximately 11,810% compared to the typical daily volume of 69 put options.

Large investors have recently made changes to their positions in the stock. Singapore Technologies Telemedia Pte Ltd lifted its holdings in GDS by 8.5% during the third quarter. Singapore Technologies Telemedia Pte Ltd now owns 7,187,821 shares of the company’s stock worth $252,508,000 after acquiring an additional 562,165 shares during the period. BlackRock Inc. lifted its holdings in GDS by 22.0% during the fourth quarter. BlackRock Inc. now owns 3,918,103 shares of the company’s stock worth $90,469,000 after acquiring an additional 706,695 shares during the period. American Century Companies Inc. lifted its holdings in GDS by 582.2% during the fourth quarter. American Century Companies Inc. now owns 2,888,871 shares of the company’s stock worth $66,704,000 after acquiring an additional 2,465,377 shares during the period. FMR LLC lifted its holdings in GDS by 63.9% during the fourth quarter. FMR LLC now owns 2,361,844 shares of the company’s stock worth $54,535,000 after acquiring an additional 920,389 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in GDS by 1,030.8% during the third quarter. Vanguard Group Inc. now owns 1,638,232 shares of the company’s stock worth $57,551,000 after acquiring an additional 1,493,362 shares during the period. 45.13% of the stock is currently owned by institutional investors.

Several research analysts recently issued reports on GDS shares. BidaskClub raised GDS from a “sell” rating to a “hold” rating in a research report on Wednesday, November 28th. Zacks Investment Research cut GDS from a “hold” rating to a “sell” rating in a research report on Friday, November 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. GDS presently has a consensus rating of “Buy” and an average target price of $40.38.

Shares of NASDAQ:GDS opened at $35.45 on Wednesday. The company has a market cap of $4.01 billion, a P/E ratio of -69.51 and a beta of 3.23. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.41 and a current ratio of 1.41. GDS has a 12-month low of $18.59 and a 12-month high of $46.18.

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About GDS

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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