First Trust Advisors LP raised its holdings in 51job, Inc. (NASDAQ:JOBS) by 9.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,193 shares of the company’s stock after purchasing an additional 3,476 shares during the quarter. First Trust Advisors LP owned 0.07% of 51job worth $1,843,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of 51job by 154.2% in the 1st quarter. Bank of America Corp DE now owns 2,860 shares of the company’s stock valued at $105,000 after purchasing an additional 1,735 shares in the last quarter. Prudential Financial Inc. acquired a new stake in shares of 51job in the 1st quarter valued at $224,000. Penserra Capital Management LLC boosted its holdings in shares of 51job by 19.0% in the 1st quarter. Penserra Capital Management LLC now owns 6,746 shares of the company’s stock valued at $247,000 after purchasing an additional 1,079 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of 51job in the 2nd quarter valued at $319,000. Finally, Airain ltd acquired a new stake in shares of 51job in the 1st quarter valued at $281,000. 39.73% of the stock is currently owned by hedge funds and other institutional investors.

51job, Inc. (NASDAQ:JOBS) opened at 59.62 on Thursday. The company has a market capitalization of $3.66 billion, a PE ratio of 42.95 and a beta of 1.25. 51job, Inc. has a 52 week low of $31.25 and a 52 week high of $60.59. The stock has a 50 day moving average price of $55.77 and a 200-day moving average price of $45.21.

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A number of brokerages have weighed in on JOBS. Macquarie raised 51job from a “neutral” rating to an “outperform” rating and set a $60.00 target price on the stock in a report on Friday, August 4th. BidaskClub raised 51job from a “buy” rating to a “strong-buy” rating in a report on Friday, June 23rd.

About 51job

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.

Institutional Ownership by Quarter for 51job (NASDAQ:JOBS)

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