Fideuram Asset Management Ireland dac Takes Position in Kingsoft Cloud Holdings Limited Sponsored ADR $KC

Fideuram Asset Management Ireland dac acquired a new stake in shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 50,834 shares of the company’s stock, valued at approximately $526,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Kingsoft Cloud by 14.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after buying an additional 1,170 shares in the last quarter. Equitable Holdings Inc. purchased a new stake in shares of Kingsoft Cloud during the 3rd quarter valued at $150,000. Personal CFO Solutions LLC raised its position in shares of Kingsoft Cloud by 11.1% during the 3rd quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock valued at $182,000 after buying an additional 1,212 shares in the last quarter. CWM LLC purchased a new stake in shares of Kingsoft Cloud during the 4th quarter valued at $132,000. Finally, Nomura Holdings Inc. purchased a new stake in shares of Kingsoft Cloud during the 2nd quarter valued at $175,000. Hedge funds and other institutional investors own 13.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Zacks Research cut shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Tuesday, April 21st. The Goldman Sachs Group raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 target price on the stock in a report on Tuesday, February 10th. Finally, Jefferies Financial Group increased their target price on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $18.53.

Kingsoft Cloud Price Performance

Shares of Kingsoft Cloud stock opened at $12.28 on Friday. The firm has a market cap of $3.71 billion, a PE ratio of -26.13 and a beta of 2.04. Kingsoft Cloud Holdings Limited Sponsored ADR has a 12-month low of $10.29 and a 12-month high of $18.52. The company has a quick ratio of 1.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.37. The company’s fifty day simple moving average is $15.08 and its two-hundred day simple moving average is $13.29.

Kingsoft Cloud (NASDAQ:KC) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.17) earnings per share (EPS) for the quarter. The firm had revenue of $392.15 million during the quarter. Kingsoft Cloud had a negative return on equity of 11.67% and a negative net margin of 9.38%. As a group, equities analysts expect that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.49 EPS for the current year.

Kingsoft Cloud Profile

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.