Ameriprise Financial Inc. increased its stake in shares of 51job, Inc. (NASDAQ:JOBS) by 5.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 24,982 shares of the company’s stock after acquiring an additional 1,376 shares during the period. Ameriprise Financial Inc.’s holdings in 51job were worth $1,515,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. New York State Common Retirement Fund acquired a new position in 51job during the 2nd quarter worth approximately $834,000. Dimensional Fund Advisors LP lifted its position in 51job by 104.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 183,446 shares of the company’s stock worth $8,208,000 after acquiring an additional 93,817 shares in the last quarter. Bank of New York Mellon Corp lifted its position in 51job by 19.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 54,875 shares of the company’s stock worth $2,454,000 after acquiring an additional 8,985 shares in the last quarter. State of New Jersey Common Pension Fund D acquired a new position in 51job during the 3rd quarter worth approximately $2,717,000. Finally, Macquarie Group Ltd. lifted its position in 51job by 6.3% during the 2nd quarter. Macquarie Group Ltd. now owns 112,100 shares of the company’s stock worth $5,014,000 after acquiring an additional 6,600 shares in the last quarter. 40.61% of the stock is currently owned by hedge funds and other institutional investors.
JOBS has been the topic of several recent research reports. TheStreet lowered 51job from a “b” rating to a “c+” rating in a research report on Monday, November 13th. BidaskClub lowered 51job from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th.
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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