Comerica Bank reduced its position in 51job, Inc. (NASDAQ:JOBS) by 53.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 43,710 shares of the company’s stock after selling 49,513 shares during the quarter. Comerica Bank’s holdings in 51job were worth $2,983,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. Eagle Asset Management Inc. acquired a new stake in shares of 51job in the third quarter valued at approximately $204,000. World Asset Management Inc acquired a new stake in shares of 51job in the third quarter valued at approximately $214,000. Eqis Capital Management Inc. acquired a new stake in shares of 51job in the third quarter valued at approximately $269,000. OxFORD Asset Management LLP acquired a new stake in shares of 51job in the third quarter valued at approximately $272,000. Finally, Parametric Portfolio Associates LLC acquired a new stake in shares of 51job in the second quarter valued at approximately $241,000. 41.30% of the stock is owned by institutional investors and hedge funds.
Shares of 51job, Inc. (JOBS) opened at $68.32 on Wednesday. The firm has a market capitalization of $4,191.92, a P/E ratio of 36.88 and a beta of 1.24. 51job, Inc. has a fifty-two week low of $31.25 and a fifty-two week high of $71.77. The company has a quick ratio of 4.18, a current ratio of 4.18 and a debt-to-equity ratio of 0.31.
Several equities research analysts have recently weighed in on the company. BidaskClub raised 51job from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 3rd. TheStreet downgraded 51job from a “b” rating to a “c+” rating in a report on Monday, November 13th.
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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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