Cornerstone Capital Management Holdings LLC. grew its stake in 51job, Inc. (NASDAQ:JOBS) by 29.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 306,475 shares of the company’s stock after acquiring an additional 70,124 shares during the period. Cornerstone Capital Management Holdings LLC. owned 0.50% of 51job worth $18,575,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in JOBS. Wasatch Advisors Inc. grew its holdings in 51job by 98.5% during the third quarter. Wasatch Advisors Inc. now owns 1,364,389 shares of the company’s stock worth $82,696,000 after purchasing an additional 677,037 shares during the period. Harding Loevner LP grew its holdings in 51job by 11.0% during the second quarter. Harding Loevner LP now owns 4,902,938 shares of the company’s stock worth $219,308,000 after purchasing an additional 485,593 shares during the period. Nordea Investment Management AB bought a new position in 51job during the second quarter worth about $19,027,000. Arrowstreet Capital Limited Partnership grew its holdings in 51job by 250.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 220,470 shares of the company’s stock worth $9,862,000 after purchasing an additional 157,537 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in 51job by 40.8% during the second quarter. Alliancebernstein L.P. now owns 327,217 shares of the company’s stock worth $14,636,000 after purchasing an additional 94,850 shares during the period. Institutional investors own 41.34% of the company’s stock.
51job, Inc. (NASDAQ:JOBS) opened at $58.01 on Friday. 51job, Inc. has a 1-year low of $31.25 and a 1-year high of $65.85. The company has a current ratio of 4.18, a quick ratio of 4.18 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $3,583.97, a PE ratio of 31.53 and a beta of 1.25.
A number of equities analysts recently commented on JOBS shares. TheStreet cut 51job from a “b” rating to a “c+” rating in a report on Monday, November 13th. BidaskClub cut 51job from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th.
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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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