Matthews International Capital Management LLC boosted its stake in 51job, Inc. (NASDAQ:JOBS) by 10.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,500 shares of the company’s stock after purchasing an additional 13,900 shares during the quarter. 51job makes up 0.5% of Matthews International Capital Management LLC’s investment portfolio, making the stock its 25th largest position. Matthews International Capital Management LLC’s holdings in 51job were worth $11,643,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of JOBS. Quadrant Capital Group LLC purchased a new position in shares of 51job in the 4th quarter valued at about $59,000. NumerixS Investment Technologies Inc acquired a new position in shares of 51job during the 4th quarter worth approximately $142,000. Advisors Asset Management Inc. lifted its holdings in 51job by 18.1% in the fourth quarter. Advisors Asset Management Inc. now owns 2,365 shares of the company’s stock valued at $148,000 after acquiring an additional 362 shares during the last quarter. SG Americas Securities LLC acquired a new position in 51job in the first quarter valued at approximately $305,000. Finally, Segantii Capital Management Ltd acquired a new position in 51job in the first quarter valued at approximately $400,000. Institutional investors and hedge funds own 43.03% of the company’s stock.

A number of research analysts recently commented on JOBS shares. BidaskClub upgraded 51job from a “hold” rating to a “buy” rating in a report on Thursday, February 7th. Macquarie cut 51job from an “outperform” rating to a “neutral” rating in a report on Friday, March 1st. Finally, Citigroup lowered 51job from a “buy” rating to a “neutral” rating in a research report on Monday.

NASDAQ JOBS traded up $0.02 on Wednesday, reaching $71.96. The stock had a trading volume of 16,084 shares, compared to its average volume of 346,744. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 22.79 and a beta of 1.29. The company has a quick ratio of 2.30, a current ratio of 2.19 and a debt-to-equity ratio of 0.01. 51job, Inc. has a 12-month low of $52.15 and a 12-month high of $114.63.

51job (NASDAQ:JOBS) last announced its earnings results on Thursday, February 28th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.25. The company had revenue of $162.97 million for the quarter. 51job had a return on equity of 20.11% and a net margin of 37.97%.

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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 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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