SG Americas Securities LLC grew its position in shares of Chindata Group Holdings Limited (NASDAQ:CD – Get Rating) by 12.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,983 shares of the company’s stock after purchasing an additional 12,258 shares during the period. SG Americas Securities LLC’s holdings in Chindata Group were worth $701,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Chindata Group by 39.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 84,155 shares of the company’s stock valued at $555,000 after purchasing an additional 23,811 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Chindata Group by 24.0% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 207,832 shares of the company’s stock worth $1,370,000 after buying an additional 40,166 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Chindata Group by 19.5% in the 4th quarter. Pacer Advisors Inc. now owns 1,337,436 shares of the company’s stock valued at $8,814,000 after buying an additional 218,454 shares during the period. Los Angeles Capital Management LLC increased its stake in shares of Chindata Group by 33.0% during the 4th quarter. Los Angeles Capital Management LLC now owns 44,203 shares of the company’s stock valued at $291,000 after acquiring an additional 10,977 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Chindata Group during the 4th quarter worth about $184,000. 19.89% of the stock is currently owned by hedge funds and other institutional investors.
Chindata Group Trading Up 3.5 %
Shares of CD opened at $6.79 on Wednesday. Chindata Group Holdings Limited has a twelve month low of $3.75 and a twelve month high of $13.37. The firm has a market capitalization of $2.49 billion, a P/E ratio of 42.44 and a beta of 1.06. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.34. The stock’s fifty day simple moving average is $7.26 and its 200 day simple moving average is $6.22.
Chindata Group Profile
Chindata Group Holdings Limited provides carrier-neutral hyper scale data center solutions in China, India, Malaysia, and Southeast Asia. It offers artificial intelligence, cloud computing, smart cities and homes, online entertainment, and other on-demand services. The company also provides internet data center colocation and rental services; and technical and consulting services.
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