21Vianet Group (NASDAQ:VNET) was upgraded by research analysts at TheStreet from a “d+” rating to a “c-” rating in a research note issued on Wednesday, TheStreetRatingsTable reports.

VNET has been the subject of a number of other reports. BidaskClub raised 21Vianet Group from a “sell” rating to a “hold” rating in a research note on Thursday, January 16th. Zacks Investment Research cut 21Vianet Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 23rd. Finally, ValuEngine cut shares of 21Vianet Group from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th.

Shares of NASDAQ:VNET traded down $0.15 during mid-day trading on Wednesday, reaching $10.28. The stock had a trading volume of 197,544 shares, compared to its average volume of 513,628. The firm has a 50 day simple moving average of $8.12 and a two-hundred day simple moving average of $7.82. 21Vianet Group has a twelve month low of $6.31 and a twelve month high of $11.25. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.72. The firm has a market cap of $1.17 billion, a PE ratio of -35.45 and a beta of 0.96.

21Vianet Group (NASDAQ:VNET) last posted its earnings results on Monday, November 18th. The information technology services provider reported ($0.06) earnings per share (EPS) for the quarter. 21Vianet Group had a negative return on equity of 5.22% and a negative net margin of 7.64%. The business had revenue of $137.24 million for the quarter, compared to the consensus estimate of $138.35 million. On average, equities analysts anticipate that 21Vianet Group will post -0.28 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Morgan Stanley grew its stake in shares of 21Vianet Group by 1.1% during the 2nd quarter. Morgan Stanley now owns 5,869,625 shares of the information technology services provider’s stock worth $45,724,000 after acquiring an additional 63,706 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of 21Vianet Group by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 2,901,200 shares of the information technology services provider’s stock worth $22,601,000 after acquiring an additional 43,901 shares in the last quarter. Sylebra Capital Ltd grew its stake in shares of 21Vianet Group by 2.8% during the 3rd quarter. Sylebra Capital Ltd now owns 2,749,322 shares of the information technology services provider’s stock worth $20,950,000 after acquiring an additional 75,004 shares in the last quarter. Banco Santander S.A. bought a new position in shares of 21Vianet Group during the 3rd quarter worth approximately $3,810,000. Finally, D. E. Shaw & Co. Inc. grew its stake in shares of 21Vianet Group by 69.8% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 491,153 shares of the information technology services provider’s stock worth $3,826,000 after acquiring an additional 201,814 shares in the last quarter. 39.37% of the stock is owned by institutional investors.

21Vianet Group Company Profile

21Vianet Group, Inc provides carrier and cloud-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.

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