51job, Inc. (NASDAQ:JOBS) Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB lessened its position in shares of 51job, Inc. (NASDAQ:JOBS) by 7.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 393,409 shares of the company’s stock after selling 31,963 shares during the quarter. Nordea Investment Management AB owned about 0.64% of 51job worth $23,845,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. New York State Common Retirement Fund acquired a new position in shares of 51job in the second quarter worth $834,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in 51job by 77.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 91,542 shares of the company’s stock valued at $4,095,000 after acquiring an additional 40,033 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in 51job by 104.7% in the second quarter. Dimensional Fund Advisors LP now owns 183,446 shares of the company’s stock valued at $8,208,000 after acquiring an additional 93,817 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in 51job by 19.6% in the second quarter. Bank of New York Mellon Corp now owns 54,875 shares of the company’s stock valued at $2,454,000 after acquiring an additional 8,985 shares in the last quarter. Finally, Comerica Bank boosted its stake in 51job by 70.0% in the second quarter. Comerica Bank now owns 84,084 shares of the company’s stock valued at $4,048,000 after acquiring an additional 34,618 shares in the last quarter. 41.34% of the stock is currently owned by hedge funds and other institutional investors.

51job, Inc. (NASDAQ:JOBS) opened at $57.79 on Thursday. 51job, Inc. has a 1-year low of $31.25 and a 1-year high of $65.85. The company has a debt-to-equity ratio of 0.31, a current ratio of 4.18 and a quick ratio of 4.18. The stock has a market cap of $3,543.82, a PE ratio of 31.17 and a beta of 1.25.

Several equities analysts have issued reports on JOBS shares. TheStreet downgraded shares of 51job from a “b” rating to a “c+” rating in a research note on Monday, November 13th. BidaskClub cut shares of 51job from a “hold” rating to a “sell” rating in a report on Tuesday.

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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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