PFG Investments LLC purchased a new position in Zhihu Inc. Sponsored ADR (NYSE:ZH - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 76,500 shares of the company's stock, valued at approximately $327,000. PFG Investments LLC owned 0.09% of Zhihu at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of ZH. New York State Common Retirement Fund raised its stake in shares of Zhihu by 93.8% in the fourth quarter. New York State Common Retirement Fund now owns 31,666 shares of the company's stock worth $112,000 after buying an additional 15,325 shares during the period. E Fund Management Co. Ltd. increased its holdings in Zhihu by 83.1% in the 4th quarter. E Fund Management Co. Ltd. now owns 150,848 shares of the company's stock worth $534,000 after acquiring an additional 68,458 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Zhihu by 55.1% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 81,433 shares of the company's stock worth $288,000 after acquiring an additional 28,943 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Zhihu by 172.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 603,673 shares of the company's stock valued at $2,137,000 after purchasing an additional 382,039 shares in the last quarter. Finally, Russell Investments Group Ltd. bought a new position in shares of Zhihu in the fourth quarter worth approximately $67,000. Hedge funds and other institutional investors own 28.92% of the company's stock.
Zhihu Price Performance
Shares of ZH stock traded up $0.11 on Wednesday, hitting $3.88. 442,107 shares of the stock traded hands, compared to its average volume of 454,281. Zhihu Inc. Sponsored ADR has a 52 week low of $2.55 and a 52 week high of $6.32. The firm has a 50 day simple moving average of $3.89 and a two-hundred day simple moving average of $4.04. The firm has a market cap of $338.80 million, a price-to-earnings ratio of -194.00 and a beta of 0.17.
Zhihu (NYSE:ZH - Get Free Report) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $0.14 EPS for the quarter. The business had revenue of $117.71 million for the quarter. Zhihu had a negative return on equity of 0.41% and a negative net margin of 0.52%.
Zhihu Company Profile
(
Free Report)
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.
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