Russell Investments Group Ltd. cut its position in shares of 51job, Inc. (NASDAQ:JOBS) by 5.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 484,489 shares of the company’s stock after selling 26,832 shares during the quarter. Russell Investments Group Ltd. owned 0.79% of 51job worth $29,362,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Comerica Bank lifted its stake in 51job by 10.9% during the third quarter. Comerica Bank now owns 93,223 shares of the company’s stock valued at $5,672,000 after buying an additional 9,139 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in 51job by 8.3% during the third quarter. Bank of New York Mellon Corp now owns 59,426 shares of the company’s stock valued at $3,602,000 after buying an additional 4,551 shares in the last quarter. World Asset Management Inc purchased a new stake in 51job during the third quarter valued at about $214,000. Cavalier Investments LLC purchased a new stake in 51job during the third quarter valued at about $1,397,000. Finally, BT Investment Management Ltd purchased a new stake in 51job during the third quarter valued at about $3,724,000. 39.78% of the stock is owned by institutional investors.

Shares of 51job, Inc. (NASDAQ JOBS) opened at $61.72 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 4.18 and a current ratio of 4.18. 51job, Inc. has a 52 week low of $31.25 and a 52 week high of $65.85. The company has a market cap of $3,873.74, a PE ratio of 34.08 and a beta of 1.28.

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A number of research firms have commented on JOBS. TheStreet lowered shares of 51job from a “b” rating to a “c+” rating in a research note on Monday, November 13th. Macquarie raised shares of 51job from a “neutral” rating to an “outperform” rating and set a $60.00 price objective for the company in a research note on Friday, August 4th.

51job Profile

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

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