Cornerstone Capital Management Holdings LLC. Takes Position in 51job, Inc. (JOBS)

Cornerstone Capital Management Holdings LLC. bought a new position in 51job, Inc. (NASDAQ:JOBS) in the second quarter, according to its most recent filing with the SEC. The firm bought 236,351 shares of the company’s stock, valued at approximately $10,571,000. Cornerstone Capital Management Holdings LLC. owned approximately 0.79% of 51job as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio raised its position in 51job by 520.8% during the 1st quarter. Public Employees Retirement System of Ohio now owns 42,832 shares of the company’s stock worth $1,570,000 after buying an additional 35,932 shares during the last quarter. Morgan Stanley raised its position in 51job by 37.2% during the 1st quarter. Morgan Stanley now owns 355,089 shares of the company’s stock worth $13,018,000 after buying an additional 96,329 shares during the last quarter. Ameriprise Financial Inc. raised its position in 51job by 15.4% during the 1st quarter. Ameriprise Financial Inc. now owns 25,258 shares of the company’s stock worth $926,000 after buying an additional 3,369 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in 51job by 77.7% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 91,542 shares of the company’s stock worth $4,095,000 after buying an additional 40,033 shares during the last quarter. Finally, Comerica Bank raised its position in 51job by 70.0% during the 2nd quarter. Comerica Bank now owns 84,084 shares of the company’s stock worth $4,048,000 after buying an additional 34,618 shares during the last quarter. Institutional investors own 39.72% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Cornerstone Capital Management Holdings LLC. Takes Position in 51job, Inc. (JOBS)” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://ledgergazette.com/2017/10/09/cornerstone-capital-management-holdings-llc-takes-position-in-51job-inc-jobs.html.

A number of equities analysts have issued reports on the stock. Macquarie raised shares of 51job from a “neutral” rating to an “outperform” rating and set a $60.00 price target for the company in a research report on Friday, August 4th. BidaskClub raised shares of 51job from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 23rd.

51job, Inc. (JOBS) traded up 1.10% during trading on Monday, reaching $61.53. 1,196 shares of the company’s stock were exchanged. The stock has a market capit

Other hedge funds also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio raised its position in 51job by 520.8% during the 1st quarter. Public Employees Retirement System of Ohio now owns 42,832 shares of the company’s stock worth $1,570,000 after buying an additional 35,932 shares during the last quarter. Morgan Stanley raised its position in 51job by 37.2% during the 1st quarter. Morgan Stanley now owns 355,089 shares of the company’s stock worth $13,018,000 after buying an additional 96,329 shares during the last quarter. Ameriprise Financial Inc. raised its position in 51job by 15.4% during the 1st quarter. Ameriprise Financial Inc. now owns 25,258 shares of the company’s stock worth $926,000 after buying an additional 3,369 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in 51job by 77.7% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 91,542 shares of the company’s stock worth $4,095,000 after buying an additional 40,033 shares during the last quarter. Finally, Comerica Bank raised its position in 51job by 70.0% during the 2nd quarter. Comerica Bank now owns 84,084 shares of the company’s stock worth $4,048,000 after buying an additional 34,618 shares during the last quarter. Institutional investors own 39.72% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Cornerstone Capital Management Holdings LLC. Takes Position in 51job, Inc. (JOBS)” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://ledgergazette.com/2017/10/09/cornerstone-capital-management-holdings-llc-takes-position-in-51job-inc-jobs.html.

A number of equities analysts have issued reports on the stock. Macquarie raised shares of 51job from a “neutral” rating to an “outperform” rating and set a $60.00 price target for the company in a research report on Friday, August 4th. BidaskClub raised shares of 51job from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 23rd.

51job, Inc. (JOBS) traded up 1.10% during trading on Monday, reaching $61.53. 1,196 shares of the company’s stock were exchanged. The stock has a market capitalization of $3.78 billion, a PE ratio of 43.82 and a beta of 1.24. The stock has a 50-day moving average of $59.64 and a 200-day moving average of $48.21. 51job, Inc. has a 52 week low of $31.25 and a 52 week high of $62.40.

51job Company Profile

51job, Inc is a holding company. The Company is a provider of integrated human resource services in China. The Company focuses on online recruitment advertising. The Company operates over three Websites, including www.51job.com, www.yingjiesheng.com and www.51jingying.com, which are utilized by a base of corporate employers, reach an audience of job seekers and aggregate job information from over 100 cities across China.

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Institutional Ownership by Quarter for 51job (NASDAQ:JOBS)

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