UBS Group AG Sells 1,582,461 Shares of Kingsoft Cloud Holdings Limited Sponsored ADR $KC

UBS Group AG trimmed its holdings in shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) by 61.0% during the fourth quarter, HoldingsChannel reports. The firm owned 1,010,866 shares of the company’s stock after selling 1,582,461 shares during the quarter. UBS Group AG’s holdings in Kingsoft Cloud were worth $10,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Kingsoft Cloud by 14.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock worth $95,000 after purchasing an additional 1,170 shares during the period. CWM LLC bought a new stake in shares of Kingsoft Cloud during the 4th quarter worth $132,000. Equitable Holdings Inc. bought a new stake in shares of Kingsoft Cloud during the 3rd quarter worth $150,000. Nomura Holdings Inc. bought a new stake in shares of Kingsoft Cloud during the 2nd quarter worth $175,000. Finally, Personal CFO Solutions LLC raised its stake in shares of Kingsoft Cloud by 11.1% during the 3rd quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock worth $182,000 after purchasing an additional 1,212 shares during the period. 13.40% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on KC shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Tuesday, April 21st. Jefferies Financial Group boosted their price objective on Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Zacks Research cut Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Finally, The Goldman Sachs Group upgraded Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price objective on the stock in a research note on Tuesday, February 10th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $18.53.

Kingsoft Cloud Trading Down 9.5%

Shares of Kingsoft Cloud stock opened at $15.33 on Friday. Kingsoft Cloud Holdings Limited Sponsored ADR has a 52-week low of $10.29 and a 52-week high of $18.52. The stock’s 50-day simple moving average is $15.03 and its 200 day simple moving average is $13.21. The stock has a market capitalization of $4.63 billion, a P/E ratio of -31.29 and a beta of 2.04. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.17 and a current ratio of 1.17.

About Kingsoft Cloud

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.