32,300 Shares in 51job, Inc. (NASDAQ:JOBS) Purchased by KEYWISE CAPITAL MANAGEMENT Ltd

KEYWISE CAPITAL MANAGEMENT Ltd bought a new position in shares of 51job, Inc. (NASDAQ:JOBS) during the third quarter, HoldingsChannel reports. The firm bought 32,300 shares of the company’s stock, valued at approximately $2,390,000. 51job makes up approximately 1.1% of KEYWISE CAPITAL MANAGEMENT Ltd’s investment portfolio, making the stock its 7th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in JOBS. Wealthsource Partners LLC boosted its holdings in shares of 51job by 12.9% in the 2nd quarter. Wealthsource Partners LLC now owns 3,900 shares of the company’s stock worth $294,000 after acquiring an additional 445 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of 51job by 474.2% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 712 shares of the company’s stock worth $54,000 after acquiring an additional 588 shares in the last quarter. NumerixS Investment Technologies Inc acquired a new position in shares of 51job in the 2nd quarter worth approximately $45,000. WINTON GROUP Ltd boosted its holdings in shares of 51job by 18.4% in the 2nd quarter. WINTON GROUP Ltd now owns 4,414 shares of the company’s stock worth $333,000 after acquiring an additional 685 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of 51job by 2.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 29,384 shares of the company’s stock worth $2,219,000 after acquiring an additional 720 shares in the last quarter. 44.93% of the stock is currently owned by institutional investors and hedge funds.

JOBS stock opened at $79.23 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.10 and a quick ratio of 4.10. The company has a 50 day moving average price of $74.37 and a 200 day moving average price of $76.16. 51job, Inc. has a fifty-two week low of $52.52 and a fifty-two week high of $97.08. The stock has a market capitalization of $5.04 billion, a PE ratio of 24.17 and a beta of 1.56.

51job (NASDAQ:JOBS) last posted its quarterly earnings data on Monday, August 5th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.21. 51job had a net margin of 40.82% and a return on equity of 17.75%. The firm had revenue of $140.36 million during the quarter.

JOBS has been the subject of several research analyst reports. TheStreet upgraded shares of 51job from a “c+” rating to a “b-” rating in a research report on Tuesday, September 24th. BidaskClub upgraded shares of 51job from a “hold” rating to a “buy” rating in a research report on Saturday, October 12th.

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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