21Vianet Group, Inc. (VNET) Position Trimmed by First Manhattan Co.

First Manhattan Co. lessened its stake in 21Vianet Group, Inc. (NASDAQ:VNET) by 40.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 450,000 shares of the information technology services provider’s stock after selling 303,992 shares during the quarter. First Manhattan Co. owned about 0.40% of 21Vianet Group worth $2,560,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of VNET. Profund Advisors LLC increased its position in 21Vianet Group by 42.7% in the 2nd quarter. Profund Advisors LLC now owns 20,988 shares of the information technology services provider’s stock valued at $105,000 after acquiring an additional 6,283 shares in the last quarter. UBS Group AG increased its position in 21Vianet Group by 874.9% in the 1st quarter. UBS Group AG now owns 19,323 shares of the information technology services provider’s stock valued at $106,000 after acquiring an additional 17,341 shares in the last quarter. Dynamic Technology Lab Private Ltd increased its position in 21Vianet Group by 18.5% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 24,935 shares of the information technology services provider’s stock valued at $126,000 after acquiring an additional 3,898 shares in the last quarter. Aperio Group LLC increased its position in 21Vianet Group by 119.2% in the 2nd quarter. Aperio Group LLC now owns 26,489 shares of the information technology services provider’s stock valued at $133,000 after acquiring an additional 14,403 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in 21Vianet Group by 8.1% in the 1st quarter. Public Employees Retirement System of Ohio now owns 25,300 shares of the information technology services provider’s stock valued at $139,000 after acquiring an additional 1,900 shares in the last quarter. Hedge funds and other institutional investors own 20.22% of the company’s stock.

21Vianet Group, Inc. (NASDAQ:VNET) opened at $7.30 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.10 and a current ratio of 1.10. 21Vianet Group, Inc. has a one year low of $4.17 and a one year high of $8.52.

Several research analysts have recently issued reports on the stock. Morgan Stanley raised shares of 21Vianet Group from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $6.30 to $9.50 in a research note on Wednesday, October 4th. BidaskClub raised shares of 21Vianet Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 8th.

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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.

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

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