KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $24.82 and last traded at $24.68, with a volume of 5832125 shares trading hands. The stock had previously closed at $24.54.
Analyst Ratings Changes
Several equities analysts have recently commented on the company. Zacks Research lowered KANZHUN from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Daiwa America raised KANZHUN from a "hold" rating to a "strong-buy" rating in a report on Monday, June 2nd. Jefferies Financial Group upped their target price on KANZHUN from $20.00 to $24.00 and gave the company a "buy" rating in a report on Wednesday, August 20th. UBS Group upgraded KANZHUN from a "neutral" rating to a "buy" rating and set a $26.00 price objective for the company in a research report on Thursday, August 21st. Finally, Barclays boosted their price objective on KANZHUN from $22.00 to $25.00 and gave the stock an "overweight" rating in a research report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $21.17.
View Our Latest Report on BZ
KANZHUN Trading Up 0.6%
The business has a 50-day moving average price of $21.28 and a 200 day moving average price of $18.67. The company has a market cap of $10.17 billion, a price-to-earnings ratio of 36.84 and a beta of 0.43.
KANZHUN Announces Dividend
The company also recently announced a full year 25 dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Wednesday, October 8th will be paid a dividend of $0.084 per share. This represents a yield of 60.0%. The ex-dividend date of this dividend is Wednesday, October 8th.
Institutional Trading of KANZHUN
Large investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. acquired a new stake in KANZHUN during the 1st quarter valued at $25,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of KANZHUN in the first quarter worth $27,000. Brooklyn Investment Group increased its stake in shares of KANZHUN by 3,115.4% in the first quarter. Brooklyn Investment Group now owns 2,926 shares of the company's stock worth $56,000 after acquiring an additional 2,835 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of KANZHUN by 39.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company's stock worth $75,000 after acquiring an additional 1,185 shares during the last quarter. Finally, Osaic Holdings Inc. increased its stake in shares of KANZHUN by 52.5% in the second quarter. Osaic Holdings Inc. now owns 5,203 shares of the company's stock worth $93,000 after acquiring an additional 1,792 shares during the last quarter. 60.67% of the stock is owned by institutional investors and hedge funds.
KANZHUN Company Profile
(
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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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