DekaBank Deutsche Girozentrale acquired a new position in shares of JinkoSolar Holding Co., Ltd. (NYSE:JKS – Get Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,571 shares of the semiconductor company's stock, valued at approximately $397,000.

Other large investors have also made changes to their positions in the company. Selective Wealth Management Inc. acquired a new position in shares of JinkoSolar during the 2nd quarter worth about $55,000. Wipfli Financial Advisors LLC acquired a new position in shares of JinkoSolar during the 3rd quarter worth about $89,000. US Bancorp DE lifted its position in shares of JinkoSolar by 25.0% during the 3rd quarter. US Bancorp DE now owns 2,680 shares of the semiconductor company's stock worth $148,000 after purchasing an additional 536 shares during the last quarter. Atlas Capital Advisors LLC acquired a new position in shares of JinkoSolar during the 2nd quarter worth about $152,000. Finally, Seaport Global Advisors LLC acquired a new position in shares of JinkoSolar during the 2nd quarter worth about $153,000.

Analysts Set New Price Targets

JKS has been the topic of several research reports. Roth Capital upgraded JinkoSolar from a "neutral" rating to a "buy" rating and boosted their price target for the company from $50.00 to $70.00 in a research note on Wednesday, January 11th. StockNews.com upgraded JinkoSolar from a "sell" rating to a "hold" rating in a research note on Friday, October 21st. Finally, TheStreet upgraded JinkoSolar from a "d+" rating to a "c" rating in a research note on Friday, October 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $58.25.

JinkoSolar Trading Down 0.6 %

JinkoSolar (NYSE:JKS – Get Rating) last released its quarterly earnings data on Friday, October 28th. The semiconductor company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.20). JinkoSolar had a net margin of 0.25% and a return on equity of 4.59%. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.44 billion. Equities analysts anticipate that JinkoSolar Holding Co., Ltd. will post 3.69 earnings per share for the current fiscal year.

JinkoSolar Profile

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JinkoSolar Holding Co, Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; and develops commercial solar power projects.

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