Cerity Partners LLC purchased a new position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 21,742 shares of the company's stock, valued at approximately $417,000.
Several other hedge funds have also recently added to or reduced their stakes in the business. Quantbot Technologies LP bought a new position in shares of KANZHUN in the fourth quarter valued at approximately $306,000. Virtu Financial LLC acquired a new stake in shares of KANZHUN in the fourth quarter valued at approximately $162,000. KLP Kapitalforvaltning AS acquired a new stake in shares of KANZHUN in the fourth quarter valued at approximately $773,000. Vanguard Group Inc. increased its holdings in shares of KANZHUN by 15.1% in the fourth quarter. Vanguard Group Inc. now owns 14,397,602 shares of the company's stock valued at $198,687,000 after purchasing an additional 1,885,658 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of KANZHUN by 8.5% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 521,349 shares of the company's stock valued at $7,195,000 after purchasing an additional 40,667 shares in the last quarter. Institutional investors and hedge funds own 60.67% of the company's stock.
KANZHUN Trading Down 0.2%
BZ opened at $20.05 on Friday. KANZHUN LIMITED Sponsored ADR has a 1-year low of $10.57 and a 1-year high of $20.81. The company has a market cap of $8.23 billion, a P/E ratio of 34.57 and a beta of 0.41. The company has a fifty day moving average price of $18.22 and a two-hundred day moving average price of $16.87.
Analyst Ratings Changes
Separately, Daiwa America raised shares of KANZHUN from a "hold" rating to a "strong-buy" rating in a report on Monday, June 2nd. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, KANZHUN presently has an average rating of "Buy" and an average price target of $18.50.
View Our Latest Research Report on KANZHUN
KANZHUN Profile
(
Free Report)
Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.
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Want to see what other hedge funds are holding BZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report).
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