Advisors Asset Management Inc. cut its position in 51Jobs Inc. (NASDAQ:JOBS) by 10.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,529 shares of the company’s stock after selling 409 shares during the period. Advisors Asset Management Inc.’s holdings in 51Jobs were worth $103,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of JOBS. BlackRock Inc. acquired a new position in 51Jobs during the first quarter worth about $132,000. Geode Capital Management LLC increased its position in 51Jobs by 11.9% in the first quarter. Geode Capital Management LLC now owns 9,987 shares of the company’s stock worth $309,000 after buying an additional 1,063 shares during the last quarter. AMP Capital Investors Ltd increased its position in 51Jobs by 19.0% in the first quarter. AMP Capital Investors Ltd now owns 30,463 shares of the company’s stock worth $948,000 after buying an additional 4,863 shares during the last quarter. State Street Corp increased its position in 51Jobs by 26.0% in the first quarter. State Street Corp now owns 36,036 shares of the company’s stock worth $1,118,000 after buying an additional 7,433 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its position in 51Jobs by 12.9% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 37,270 shares of the company’s stock worth $1,156,000 after buying an additional 4,251 shares during the last quarter. 38.02% of the stock is currently owned by institutional investors.
Shares of 51Jobs Inc. (NASDAQ:JOBS) traded up 2.19% during trading on Monday, reaching $33.17. 6,738 shares of the company’s stock traded hands. The stock has a market cap of $1.97 billion, a P/E ratio of 22.73 and a beta of 1.59. 51Jobs Inc. has a one year low of $25.33 and a one year high of $35.49. The company has a 50 day moving average price of $33.60 and a 200-day moving average price of $31.38.
51Jobs (NASDAQ:JOBS) last announced its earnings results on Thursday, August 4th. The company reported $0.48 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.13. The business earned $84.20 million during the quarter, compared to the consensus estimate of $80.47 million. 51Jobs had a net margin of 30.49% and a return on equity of 12.42%. On average, equities research analysts expect that 51Jobs Inc. will post $1.73 EPS for the current fiscal year.
Separately, TheStreet raised shares of 51Jobs from a “hold” rating to a “buy” rating in a report on Monday, July 18th.
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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