BNP Paribas Financial Markets Acquires New Shares in Zhihu Inc. (NYSE:ZH)

BNP Paribas Financial Markets purchased a new position in shares of Zhihu Inc. (NYSE:ZH - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 68,458 shares of the company's stock, valued at approximately $242,000. BNP Paribas Financial Markets owned 0.08% of Zhihu at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. FIL Ltd bought a new stake in Zhihu during the fourth quarter worth $454,000. Russell Investments Group Ltd. bought a new stake in shares of Zhihu in the fourth quarter valued at $67,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Zhihu by 172.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 603,673 shares of the company's stock valued at $2,137,000 after buying an additional 382,039 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Zhihu by 55.1% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 81,433 shares of the company's stock valued at $288,000 after buying an additional 28,943 shares during the period. Finally, E Fund Management Co. Ltd. raised its stake in shares of Zhihu by 83.1% in the fourth quarter. E Fund Management Co. Ltd. now owns 150,848 shares of the company's stock valued at $534,000 after buying an additional 68,458 shares during the period. 28.92% of the stock is currently owned by institutional investors.

Zhihu Price Performance

Shares of ZH traded down $0.04 during mid-day trading on Monday, hitting $3.78. The stock had a trading volume of 137,222 shares, compared to its average volume of 458,948. The firm has a market cap of $330.06 million, a P/E ratio of -6.75 and a beta of 0.17. The business has a fifty day moving average price of $3.90 and a 200-day moving average price of $4.03. Zhihu Inc. has a 52 week low of $2.55 and a 52 week high of $6.32.

Zhihu (NYSE:ZH - Get Free Report) last issued its earnings results on Wednesday, March 26th. The company reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $117.71 million for the quarter. Zhihu had a negative return on equity of 8.01% and a negative net margin of 9.28%.

About Zhihu

Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.