Nykredit A S bought a new stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 224,687 shares of the company’s stock, valued at approximately $2,892,000. Nykredit A S owned about 0.05% of KANZHUN at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of KANZHUN during the first quarter worth $27,000. Kestra Advisory Services LLC purchased a new position in KANZHUN in the 4th quarter valued at $29,000. Parallel Advisors LLC increased its stake in KANZHUN by 5,732.4% in the 1st quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock valued at $29,000 after buying an additional 2,121 shares during the period. Larson Financial Group LLC increased its stake in KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after buying an additional 815 shares during the period. Finally, Leonteq Securities AG purchased a new position in KANZHUN during the 4th quarter worth $41,000. Institutional investors and hedge funds own 60.67% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Sanford C. Bernstein restated an “outperform” rating and issued a $19.00 target price on shares of KANZHUN in a research note on Wednesday, August 26th. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Weiss Ratings upgraded shares of KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 5th. Bank of America assumed coverage on KANZHUN in a report on Tuesday, August 18th. They issued a “neutral” rating and a $19.00 price objective on the stock. Finally, Barclays boosted their target price on KANZHUN from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Thursday, August 27th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.33.
KANZHUN Stock Performance
Shares of NASDAQ BZ opened at $16.92 on Monday. KANZHUN LIMITED Sponsored ADR has a one year low of $12.57 and a one year high of $25.26. The firm has a market capitalization of $6.94 billion, a P/E ratio of 11.92, a PEG ratio of 1.81 and a beta of 0.48. The company’s fifty day moving average is $15.62 and its two-hundred day moving average is $14.67.
KANZHUN (NASDAQ:BZ – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported $0.33 EPS for the quarter. The firm had revenue of $353.05 million during the quarter. KANZHUN had a net margin of 53.16% and a return on equity of 15.03%. On average, sell-side analysts forecast that KANZHUN LIMITED Sponsored ADR will post 1 earnings per share for the current fiscal year.
KANZHUN Announces Dividend
The business also recently announced an annual dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Monday, September 28th will be issued a $0.51 dividend. The ex-dividend date of this dividend is Monday, September 28th. This represents a yield of 313.0%. KANZHUN’s dividend payout ratio (DPR) is 10.56%.
About KANZHUN
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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