American Century Companies Inc. raised its stake in 51job, Inc. (NASDAQ:JOBS) by 5.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,070 shares of the company’s stock after acquiring an additional 335 shares during the period. American Century Companies Inc.’s holdings in 51job were worth $472,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE grew its stake in shares of 51job by 34.3% in the second quarter. US Bancorp DE now owns 2,348 shares of the company’s stock worth $183,000 after acquiring an additional 600 shares during the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of 51job by 10.7% in the second quarter. DekaBank Deutsche Girozentrale now owns 2,871 shares of the company’s stock worth $223,000 after acquiring an additional 277 shares during the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of 51job in the second quarter worth $1,242,000. Envestnet Asset Management Inc. purchased a new stake in shares of 51job in the second quarter worth $578,000. Finally, Keebeck Alpha LP purchased a new stake in shares of 51job in the second quarter worth $507,000. 46.62% of the stock is currently owned by hedge funds and other institutional investors.
51job stock opened at $70.05 on Tuesday. 51job, Inc. has a one year low of $59.74 and a one year high of $79.77. The business’s fifty day moving average is $73.49 and its 200 day moving average is $70.61. The stock has a market capitalization of $4.72 billion, a PE ratio of 34.01 and a beta of 0.67.
Several equities research analysts recently commented on JOBS shares. Citigroup cut 51job from a “buy” rating to a “neutral” rating in a research report on Monday, June 28th. Zacks Investment Research raised 51job from a “sell” rating to a “hold” rating in a research report on Wednesday, August 11th.
51job, Inc is a holding company that engages in provision of human resource services. It offers services in the areas of recruitment solutions, training & assessment, and human resources outsourcing, business process outsourcing, professional assessment, executive search and compensation analysis. The company was founded by Kathleen Chien, Rick Yan, Lei Feng, and Norman Lui in 1998 and is headquartered in Shanghai, China.
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