Capital Today Evergreen Fund L.P. acquired a new position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 71,767 shares of the company's stock, valued at approximately $923,641. KANZHUN makes up 0.0% of Capital Today Evergreen Fund L.P.'s investment portfolio, making the stock its 3rd biggest holding.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN during the 1st quarter worth about $27,000. Parallel Advisors LLC increased its position in KANZHUN by 5,732.4% during the 1st quarter. Parallel Advisors LLC now owns 2,158 shares of the company's stock worth $29,000 after purchasing an additional 2,121 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in KANZHUN during the 4th quarter worth about $29,000. Larson Financial Group LLC increased its position in KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company's stock worth $34,000 after purchasing an additional 815 shares in the last quarter. Finally, Leonteq Securities AG purchased a new stake in KANZHUN during the 4th quarter worth about $41,000. Hedge funds and other institutional investors own 60.67% of the company's stock.
KANZHUN Trading Down 1.1%
Shares of NASDAQ BZ opened at $17.80 on Friday. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.57 and a twelve month high of $25.26. The company has a market capitalization of $7.30 billion, a price-to-earnings ratio of 12.54, a price-to-earnings-growth ratio of 1.99 and a beta of 0.48. The business has a 50 day simple moving average of $15.22 and a 200-day simple moving average of $14.72.
KANZHUN (NASDAQ:BZ - Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.33 earnings per share for the quarter. KANZHUN had a return on equity of 15.03% and a net margin of 53.16%.The business had revenue of $353.05 million during the quarter. As a group, equities analysts predict that KANZHUN LIMITED Sponsored ADR will post 0.96 earnings per share for the current year.
KANZHUN Announces Dividend
The company also recently declared an annual dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Monday, September 28th will be issued a $0.51 dividend. This represents a dividend yield of 313.0%. The ex-dividend date is Monday, September 28th. KANZHUN's payout ratio is 10.56%.
Analyst Upgrades and Downgrades
BZ has been the subject of a number of recent research reports. Bank of America initiated coverage on KANZHUN in a research report on Tuesday, August 18th. They set a "neutral" rating and a $19.00 price objective for the company. Sanford C. Bernstein reissued an "outperform" rating and issued a $19.00 price target on shares of KANZHUN in a research note on Wednesday. Barclays lifted their price objective on KANZHUN from $19.00 to $20.00 and gave the company an "overweight" rating in a research note on Thursday. Weiss Ratings raised KANZHUN from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 5th. Finally, Zacks Research raised KANZHUN from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $19.33.
View Our Latest Stock Report on BZ
KANZHUN Company Profile
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Free Report)
Kanzhun Ltd. NASDAQ: BZ operates a leading AI-driven online recruitment platform under the brand name Boss Zhipin. The platform leverages algorithmic job matching and instant in-app messaging to connect job seekers and employers, streamlining the hiring process and reducing time-to-fill. By combining machine-learning recommendations with direct recruiter interactions, Kanzhun aims to create a more efficient, personalized recruitment experience compared with traditional job boards.
Beyond its core peer-to-peer marketplace, Kanzhun provides a suite of premium services for corporate clients, including employer branding packages, targeted marketing campaigns and SaaS-based human capital management tools.
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