Bardin Hill Management Partners LP Makes New Investment in 51job, Inc. (NASDAQ:JOBS)

Bardin Hill Management Partners LP purchased a new position in shares of 51job, Inc. (NASDAQ:JOBSGet Rating) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,499 shares of the company’s stock, valued at approximately $2,373,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Aviva PLC raised its position in shares of 51job by 28.1% in the fourth quarter. Aviva PLC now owns 14,150 shares of the company’s stock valued at $692,000 after purchasing an additional 3,100 shares during the period. Hel Ved Capital Management Ltd bought a new position in shares of 51job in the fourth quarter valued at about $32,974,000. Yakira Capital Management Inc. bought a new position in shares of 51job in the fourth quarter valued at about $248,000. Segantii Capital Management Ltd raised its position in shares of 51job by 2,043.6% in the fourth quarter. Segantii Capital Management Ltd now owns 150,439 shares of the company’s stock valued at $7,361,000 after purchasing an additional 143,421 shares during the period. Finally, Franklin Resources Inc. raised its position in shares of 51job by 46.4% in the third quarter. Franklin Resources Inc. now owns 5,091 shares of the company’s stock valued at $355,000 after purchasing an additional 1,613 shares during the period. 93.04% of the stock is currently owned by institutional investors.

NASDAQ:JOBS traded down $0.03 during mid-day trading on Tuesday, reaching $60.90. 108,823 shares of the company’s stock were exchanged, compared to its average volume of 759,764. 51job, Inc. has a one year low of $43.19 and a one year high of $79.00. The firm has a market capitalization of $4.11 billion, a PE ratio of 41.43 and a beta of 0.49. The business’s fifty day simple moving average is $59.15 and its two-hundred day simple moving average is $53.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.74 and a current ratio of 3.89.

51job (NASDAQ:JOBSGet Rating) last released its quarterly earnings results on Thursday, March 31st. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.41. 51job had a net margin of 14.46% and a return on equity of 7.01%. The business had revenue of $211.09 million for the quarter. As a group, equities research analysts forecast that 51job, Inc. will post 2.27 EPS for the current year.

Several equities analysts have recently weighed in on JOBS shares. Zacks Investment Research lowered shares of 51job from a “buy” rating to a “hold” rating in a research report on Friday, May 6th. StockNews.com began coverage on shares of 51job in a research report on Wednesday, May 18th. They set a “hold” rating on the stock.

About 51job (Get Rating)

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, lagou.com, and 51mdd.com; and mobile applications that enable job seekers to access their accounts through mobile devices and utilize functions available on their Websites.

Further Reading

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

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