51job (NASDAQ:JOBS) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Friday, BidAskClub reports.

Separately, TheStreet raised 51job from a “c+” rating to a “b-” rating in a research report on Tuesday, September 24th.

NASDAQ:JOBS opened at $75.36 on Friday. The firm has a market capitalization of $5.38 billion, a price-to-earnings ratio of 25.80 and a beta of 1.56. 51job has a twelve month low of $57.06 and a twelve month high of $97.08. The stock’s 50 day moving average price is $77.23 and its two-hundred day moving average price is $74.99. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.01.

Hedge funds and other institutional investors have recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of 51job by 229.1% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 57,256 shares of the company’s stock worth $4,323,000 after acquiring an additional 39,856 shares during the period. KEYWISE CAPITAL MANAGEMENT Ltd bought a new position in shares of 51job during the 3rd quarter worth approximately $2,390,000. Northern Trust Corp boosted its stake in shares of 51job by 6.0% during the 2nd quarter. Northern Trust Corp now owns 320,943 shares of the company’s stock worth $24,231,000 after acquiring an additional 18,161 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of 51job by 9.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,611,917 shares of the company’s stock worth $267,282,000 after acquiring an additional 326,740 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of 51job by 226.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,038 shares of the company’s stock worth $984,000 after acquiring an additional 9,038 shares during the period. Institutional investors own 45.45% of the company’s stock.

51job Company Profile

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

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