21Vianet Group (NASDAQ:VNET) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Friday.
Separately, BidaskClub raised 21Vianet Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 5th.
Shares of 21Vianet Group (NASDAQ:VNET) opened at $8.48 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. 21Vianet Group has a 52 week low of $4.17 and a 52 week high of $9.59.
Large investors have recently modified their holdings of the business. Aperio Group LLC boosted its stake in 21Vianet Group by 173.5% in the 3rd quarter. Aperio Group LLC now owns 72,443 shares of the information technology services provider’s stock worth $412,000 after buying an additional 45,954 shares during the last quarter. Pictet Asset Management Ltd. acquired a new stake in 21Vianet Group in the 3rd quarter worth about $262,000. Dimensional Fund Advisors LP boosted its stake in 21Vianet Group by 55.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,018,868 shares of the information technology services provider’s stock worth $5,117,000 after buying an additional 363,257 shares during the last quarter. Westpac Banking Corp acquired a new stake in 21Vianet Group in the 3rd quarter worth about $426,000. Finally, Penserra Capital Management LLC boosted its stake in 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 buying an additional 58,608 shares during the last quarter. 19.27% of the stock is currently owned by hedge funds and other institutional investors.
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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.
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