Diversified Trust Co bought a new stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 27,672 shares of the company's stock, valued at approximately $530,000.
Other institutional investors have also recently bought and sold shares of the company. Quadrant Capital Group LLC raised its holdings in KANZHUN by 403.1% in the 4th quarter. Quadrant Capital Group LLC now owns 1,781 shares of the company's stock valued at $25,000 after buying an additional 1,427 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of KANZHUN by 107.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,976 shares of the company's stock valued at $41,000 after acquiring an additional 1,542 shares during the last quarter. Townsquare Capital LLC bought a new stake in shares of KANZHUN in the fourth quarter worth $157,000. Tudor Investment Corp ET AL bought a new stake in shares of KANZHUN in the fourth quarter worth $160,000. Finally, Virtu Financial LLC acquired a new stake in KANZHUN in the fourth quarter valued at $162,000. Institutional investors and hedge funds own 60.67% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have commented on BZ shares. Barclays upped their price target on KANZHUN from $16.00 to $22.00 and gave the company an "overweight" rating in a research report on Thursday, March 13th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $18.00 target price on shares of KANZHUN in a report on Wednesday, March 12th. Finally, Daiwa America upgraded shares of KANZHUN from a "hold" rating to a "strong-buy" rating in a report on Monday, June 2nd. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $18.50.
View Our Latest Report on BZ
KANZHUN Price Performance
Shares of KANZHUN stock traded up $0.12 on Friday, hitting $17.90. 2,689,779 shares of the company's stock traded hands, compared to its average volume of 4,466,540. The company has a market capitalization of $6.97 billion, a price-to-earnings ratio of 30.86 and a beta of 0.41. KANZHUN LIMITED Sponsored ADR has a one year low of $10.57 and a one year high of $20.81. The company has a fifty day moving average of $17.48 and a two-hundred day moving average of $16.30.
About KANZHUN
(
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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