Los Angeles Capital Management & Equity Research Inc. lowered its position in shares of 51job, Inc. (NASDAQ:JOBS) by 81.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 18,700 shares of the company’s stock after selling 81,400 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in 51job were worth $1,440,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the stock. Sloane Robinson LLP purchased a new position in 51job during the third quarter valued at approximately $9,631,000. WINTON GROUP Ltd bought a new stake in 51job during the third quarter valued at approximately $519,000. First Trust Advisors LP lifted its position in 51job by 21.7% during the third quarter. First Trust Advisors LP now owns 31,767 shares of the company’s stock valued at $2,446,000 after purchasing an additional 5,659 shares during the last quarter. Aperio Group LLC lifted its position in 51job by 32.8% during the third quarter. Aperio Group LLC now owns 23,789 shares of the company’s stock valued at $1,832,000 after purchasing an additional 5,875 shares during the last quarter. Finally, MERIAN GLOBAL INVESTORS UK Ltd lifted its position in 51job by 422.3% during the third quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 412,600 shares of the company’s stock valued at $31,766,000 after purchasing an additional 333,600 shares during the last quarter. 42.69% of the stock is owned by institutional investors.

A number of equities research analysts have recently weighed in on the stock. BidaskClub lowered shares of 51job from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 31st. TheStreet upgraded shares of 51job from a “c” rating to a “b” rating in a report on Tuesday, November 13th.

Shares of JOBS opened at $66.32 on Wednesday. The company has a market capitalization of $4.08 billion, a PE ratio of 31.43 and a beta of 1.21. 51job, Inc. has a fifty-two week low of $52.15 and a fifty-two week high of $114.63.

51job (NASDAQ:JOBS) last announced its quarterly earnings data on Thursday, November 8th. The company reported $0.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.11. The firm had revenue of $139.00 million during the quarter. 51job had a net margin of 38.26% and a return on equity of 19.41%.

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51job Profile

51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers recruitment advertising services, including online recruitment services through its Websites comprising 51job.com, yingjiesheng.com, 51jingying.com, and lagou.com; and mobile applications that enable job seekers to access their accounts through mobile devices and utilize functions available on their Websites.

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

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