Public Employees Retirement System of Ohio lowered its position in shares of JinkoSolar Holding Company Limited (NYSE:JKS) by 11.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,800 shares of the semiconductor company’s stock after selling 1,800 shares during the period. Public Employees Retirement System of Ohio’s holdings in JinkoSolar Holding Company Limited were worth $287,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of JKS. J&P China Capital Management CO. Ltd. bought a new stake in JinkoSolar Holding Company Limited during the 2nd quarter worth $23,732,000. Dimensional Fund Advisors LP grew its position in JinkoSolar Holding Company Limited by 177.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 613,191 shares of the semiconductor company’s stock worth $10,157,000 after acquiring an additional 392,524 shares during the last quarter. TIAA CREF Investment Management LLC grew its position in JinkoSolar Holding Company Limited by 1,601.1% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 314,700 shares of the semiconductor company’s stock worth $6,546,000 after acquiring an additional 296,200 shares during the last quarter. Sumway Development LTD. bought a new stake in JinkoSolar Holding Company Limited during the 2nd quarter worth $3,214,000. Finally, First Trust Advisors LP grew its position in JinkoSolar Holding Company Limited by 511.5% during the 2nd quarter. First Trust Advisors LP now owns 124,208 shares of the semiconductor company’s stock worth $2,584,000 after acquiring an additional 103,896 shares during the last quarter. Institutional investors and hedge funds own 22.84% of the company’s stock.

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A number of equities research analysts recently weighed in on JKS shares. Roth Capital boosted their price objective on JinkoSolar Holding Company Limited from $18.00 to $26.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 26th. ValuEngine lowered JinkoSolar Holding Company Limited from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded JinkoSolar Holding Company Limited from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Axiom Securities started coverage on JinkoSolar Holding Company Limited in a research report on Thursday, September 21st. They set a “sell” rating and a $10.00 price objective on the stock. Finally, Credit Suisse Group lowered JinkoSolar Holding Company Limited from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $25.00 to $20.00 in a research report on Tuesday, August 22nd. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. JinkoSolar Holding Company Limited has a consensus rating of “Hold” and an average target price of $17.40.

JinkoSolar Holding Company Limited (JKS) opened at $28.10 on Wednesday. The company has a market capitalization of $924.01, a PE ratio of 12.85, a price-to-earnings-growth ratio of -3.69 and a beta of 1.92. JinkoSolar Holding Company Limited has a twelve month low of $12.72 and a twelve month high of $30.50. The company has a current ratio of 1.02, a quick ratio of 0.76 and a debt-to-equity ratio of 0.07.

JinkoSolar Holding Company Limited (NYSE:JKS) last announced its earnings results on Wednesday, September 6th. The semiconductor company reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by ($0.49). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $998.22 million. JinkoSolar Holding Company Limited had a return on equity of 7.88% and a net margin of 5.42%. The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.04 earnings per share. equities analysts anticipate that JinkoSolar Holding Company Limited will post 0.77 earnings per share for the current fiscal year.

JinkoSolar Holding Company Limited Profile

JinkoSolar Holding Co, Ltd. operates in the photovoltaic (PV) industry. The Company has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. The Company’s segments include the manufacturing segment and the solar power projects segment.

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Institutional Ownership by Quarter for JinkoSolar Holding Company Limited (NYSE:JKS)

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