21Vianet Group, Inc. (NASDAQ:VNET) Position Boosted by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its stake in shares of 21Vianet Group, Inc. (NASDAQ:VNET) by 8.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 25,300 shares of the information technology services provider’s stock after buying an additional 1,900 shares during the period. Public Employees Retirement System of Ohio’s holdings in 21Vianet Group were worth $139,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VNET. UBS Group AG boosted its stake in 21Vianet Group by 874.9% in the first quarter. UBS Group AG now owns 19,323 shares of the information technology services provider’s stock valued at $106,000 after buying an additional 17,341 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its stake in 21Vianet Group by 70.3% in the first quarter. Dynamic Technology Lab Private Ltd now owns 21,037 shares of the information technology services provider’s stock valued at $115,000 after buying an additional 8,686 shares in the last quarter. Penserra Capital Management LLC boosted its stake in 21Vianet Group by 19.8% in the first quarter. Penserra Capital Management LLC now owns 23,333 shares of the information technology services provider’s stock valued at $128,000 after buying an additional 3,852 shares in the last quarter. Trexquant Investment LP bought a new stake in 21Vianet Group during the first quarter valued at about $153,000. Finally, OMERS ADMINISTRATION Corp bought a new stake in 21Vianet Group during the first quarter valued at about $305,000. 19.95% of the stock is currently owned by hedge funds and other institutional investors.

Shares of 21Vianet Group, Inc. (NASDAQ:VNET) traded up 3.55% during mid-day trading on Friday, hitting $4.37. 221,675 shares of the company’s stock were exchanged. The company’s market capitalization is $494.24 million. The firm has a 50 day moving average price of $4.68 and a 200-day moving average price of $5.67. 21Vianet Group, Inc. has a 52 week low of $4.17 and a 52 week high of $11.09.

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Several research firms recently issued reports on VNET. BidaskClub raised shares of 21Vianet Group from a “strong sell” rating to a “sell” rating in a report on Tuesday. Zacks Investment Research cut shares of 21Vianet Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $6.96.

21Vianet Group Company Profile

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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Institutional Ownership by Quarter for 21Vianet Group (NASDAQ:VNET)

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