Massachusetts Financial Services Co. MA Raises Stock Position in 51job, Inc. (NASDAQ:JOBS)

Massachusetts Financial Services Co. MA increased its holdings in shares of 51job, Inc. (NASDAQ:JOBS) by 9.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,611,917 shares of the company’s stock after purchasing an additional 326,740 shares during the period. Massachusetts Financial Services Co. MA owned approximately 0.05% of 51job worth $267,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Coronation Fund Managers Ltd. increased its stake in shares of 51job by 2,665.4% during the second quarter. Coronation Fund Managers Ltd. now owns 450,738 shares of the company’s stock worth $34,031,000 after purchasing an additional 434,439 shares in the last quarter. Morgan Stanley increased its stake in shares of 51job by 31.7% during the second quarter. Morgan Stanley now owns 1,761,720 shares of the company’s stock worth $133,010,000 after purchasing an additional 424,030 shares in the last quarter. Commonwealth Bank of Australia increased its stake in shares of 51job by 27.5% during the second quarter. Commonwealth Bank of Australia now owns 1,390,547 shares of the company’s stock worth $104,982,000 after purchasing an additional 300,341 shares in the last quarter. Natixis purchased a new stake in shares of 51job during the second quarter worth about $22,004,000. Finally, Bessemer Group Inc. purchased a new stake in shares of 51job during the second quarter worth about $16,244,000. 45.45% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:JOBS traded down $1.82 on Wednesday, hitting $77.78. The stock had a trading volume of 5,221 shares, compared to its average volume of 226,796. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.01. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of 25.84 and a beta of 1.56. The company has a fifty day moving average price of $76.95 and a two-hundred day moving average price of $75.16. 51job, Inc. has a 1-year low of $57.06 and a 1-year high of $97.08.

A number of analysts have recently commented on the stock. BidaskClub raised shares of 51job from a “hold” rating to a “buy” rating in a research note on Saturday, October 12th. TheStreet upgraded shares of 51job from a “c+” rating to a “b-” rating in a research report on Tuesday, September 24th.

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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