Citigroup Inc. Boosts Stake in 51job, Inc. (JOBS)
Citigroup Inc. grew its stake in shares of 51job, Inc. (NASDAQ:JOBS) by 313.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,436 shares of the company’s stock after acquiring an additional 15,489 shares during the period. Citigroup Inc.’s holdings in 51job were worth $1,276,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of JOBS. Standard Life Aberdeen plc lifted its holdings in shares of 51job by 21.4% during the 4th quarter. Standard Life Aberdeen plc now owns 832,109 shares of the company’s stock valued at $49,144,000 after acquiring an additional 146,494 shares in the last quarter. Parametrica Management Ltd acquired a new position in shares of 51job during the 4th quarter valued at $424,000. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of 51job by 79.1% during the 4th quarter. Los Angeles Capital Management & Equity Research Inc. now owns 33,500 shares of the company’s stock valued at $2,092,000 after acquiring an additional 14,800 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of 51job by 27.9% during the 4th quarter. Bank of New York Mellon Corp now owns 287,528 shares of the company’s stock valued at $17,953,000 after acquiring an additional 62,654 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of 51job by 228.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,701,637 shares of the company’s stock valued at $106,251,000 after acquiring an additional 1,183,103 shares in the last quarter. Institutional investors own 43.01% of the company’s stock.
Shares of JOBS stock opened at $72.27 on Friday. 51job, Inc. has a 12 month low of $52.15 and a 12 month high of $114.63. The firm has a market capitalization of $4.46 billion, a price-to-earnings ratio of 25.27 and a beta of 1.23.
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51job Company Profile
51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers recruitment advertising services, including 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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