Driehaus Capital Management LLC increased its stake in shares of 51job, Inc. (NASDAQ:JOBS) by 213.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,213 shares of the company’s stock after purchasing an additional 16,494 shares during the period. Driehaus Capital Management LLC’s holdings in 51job were worth $1,473,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eagle Asset Management Inc. acquired a new position in shares of 51job during the 3rd quarter worth about $204,000. OxFORD Asset Management LLP acquired a new position in shares of 51job during the 3rd quarter worth about $272,000. Quadrature Capital Ltd acquired a new position in shares of 51job during the 4th quarter worth about $309,000. Eqis Capital Management Inc. raised its position in shares of 51job by 18.5% during the 4th quarter. Eqis Capital Management Inc. now owns 5,264 shares of the company’s stock worth $320,000 after purchasing an additional 823 shares during the last quarter. Finally, Parametric Portfolio Associates LLC acquired a new position in shares of 51job during the 2nd quarter worth about $241,000. Hedge funds and other institutional investors own 41.81% of the company’s stock.
A number of research firms have commented on JOBS. BidaskClub downgraded shares of 51job from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 14th. Citigroup upgraded shares of 51job from a “neutral” rating to a “buy” rating in a report on Friday, March 2nd.
51job (NASDAQ:JOBS) last released its quarterly earnings data on Thursday, March 1st. The company reported $0.72 EPS for the quarter. The company had revenue of $134.04 million during the quarter. 51job had a net margin of 13.05% and a return on equity of 15.72%.
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51job Company Profile
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.
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