Athos Capital Ltd raised its stake in Zhaopin Ltd (NYSE:ZPIN) by 131.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,380,561 shares of the business services provider’s stock after purchasing an additional 784,547 shares during the quarter. Zhaopin accounts for about 18.9% of Athos Capital Ltd’s portfolio, making the stock its biggest position. Athos Capital Ltd owned approximately 2.47% of Zhaopin worth $25,126,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently modified their holdings of the company. Karp Capital Management Corp purchased a new stake in shares of Zhaopin during the first quarter valued at approximately $250,000. TIAA CREF Investment Management LLC grew its holdings in Zhaopin by 740.7% during the first quarter. TIAA CREF Investment Management LLC now owns 22,700 shares of the business services provider’s stock valued at $391,000 after purchasing an additional 20,000 shares during the period. Renaissance Technologies LLC grew its holdings in Zhaopin by 22.2% during the first quarter. Renaissance Technologies LLC now owns 513,900 shares of the business services provider’s stock valued at $8,854,000 after purchasing an additional 93,300 shares during the period. Aperio Group LLC grew its holdings in Zhaopin by 11.2% during the second quarter. Aperio Group LLC now owns 16,105 shares of the business services provider’s stock valued at $298,000 after purchasing an additional 1,618 shares during the period. Finally, OMERS ADMINISTRATION Corp bought a new position in Zhaopin during the second quarter valued at $515,000. 27.96% of the stock is owned by hedge funds and other institutional investors.
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Separately, BidaskClub lowered Zhaopin from a “hold” rating to a “sell” rating in a report on Wednesday, August 30th.
Shares of Zhaopin Ltd (ZPIN) opened at $18.20 on Wednesday. Zhaopin Ltd has a 52 week low of $13.70 and a 52 week high of $18.98. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.99 and a quick ratio of 2.15.
Zhaopin Company Profile
Zhaopin Limited is a holding company. The Company, through its subsidiaries, is engaged in operating an online recruitment platform in the People’s Republic of China. It also provides human resources related services, including campus recruitment, executive searches and print advertising. Its Website, zhaopin.com, is a career-focused Website in China.
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