21Vianet Group Inc (VNET) Given Consensus Rating of “Hold” by Analysts

Shares of 21Vianet Group Inc (NASDAQ:VNET) have received a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

VNET has been the topic of several research reports. Zacks Investment Research downgraded 21Vianet Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 18th. TheStreet raised 21Vianet Group from a “d+” rating to a “c-” rating in a research report on Tuesday, November 13th. BidaskClub raised 21Vianet Group from a “hold” rating to a “buy” rating in a research report on Tuesday, November 20th. Finally, ValuEngine raised 21Vianet Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.

Shares of NASDAQ VNET traded up $0.15 during mid-day trading on Tuesday, hitting $9.41. The stock had a trading volume of 76,200 shares, compared to its average volume of 232,900. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.15 and a quick ratio of 2.15. 21Vianet Group has a twelve month low of $5.01 and a twelve month high of $11.98. The company has a market cap of $1.02 billion, a price-to-earnings ratio of -39.13 and a beta of 1.32.

21Vianet Group (NASDAQ:VNET) last released its earnings results on Tuesday, November 20th. The information technology services provider reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. 21Vianet Group had a return on equity of 1.94% and a net margin of 22.01%. The firm had revenue of $126.68 million for the quarter, compared to the consensus estimate of $124.49 million. Research analysts expect that 21Vianet Group will post 0.04 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. We Are One Seven LLC acquired a new stake in 21Vianet Group during the 4th quarter worth about $26,000. Quantamental Technologies LLC acquired a new stake in 21Vianet Group during the 4th quarter worth about $29,000. Connor Clark & Lunn Investment Management Ltd. grew its position in 21Vianet Group by 2.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 360,310 shares of the information technology services provider’s stock worth $3,639,000 after purchasing an additional 7,375 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in 21Vianet Group during the 3rd quarter worth about $105,000. Finally, Jane Street Group LLC acquired a new stake in 21Vianet Group during the 2nd quarter worth about $104,000. 33.55% of the stock is currently owned by institutional investors.

21Vianet Group Company Profile

21Vianet Group, Inc provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises in the People's Republic of China. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network; and other hosting related value-added services.

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