Headlands Technologies LLC increased its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) by 238.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 119,462 shares of the company’s stock after acquiring an additional 84,171 shares during the period. Headlands Technologies LLC’s holdings in KANZHUN were worth $1,537,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of KANZHUN in the first quarter valued at $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN during the 1st quarter worth $27,000. Millennium Management LLC grew its stake in shares of KANZHUN by 85.3% in the first quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock valued at $18,059,000 after buying an additional 433,705 shares in the last quarter. American Century Companies Inc. raised its stake in shares of KANZHUN by 3.1% during the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock valued at $1,244,000 after purchasing an additional 2,096 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in KANZHUN by 315.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock worth $104,000 after buying an additional 4,442 shares in the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.
KANZHUN Stock Performance
Shares of KANZHUN stock opened at $17.36 on Tuesday. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.57 and a twelve month high of $25.26. The firm has a market cap of $7.12 billion, a P/E ratio of 12.23, a price-to-earnings-growth ratio of 1.90 and a beta of 0.48. The firm’s 50-day simple moving average is $15.29 and its 200-day simple moving average is $14.69.
KANZHUN Announces Dividend
The business also recently disclosed an annual dividend, which will be paid on Wednesday, October 14th. Investors of record on Monday, September 28th will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Monday, September 28th. This represents a dividend yield of 313.0%. KANZHUN’s payout ratio is 10.56%.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on BZ. Sanford C. Bernstein reiterated an “outperform” rating and issued a $19.00 price target on shares of KANZHUN in a report on Wednesday, August 26th. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Bank of America started coverage on KANZHUN in a research note on Tuesday, August 18th. They set a “neutral” rating and a $19.00 target price for the company. Weiss Ratings raised KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 5th. Finally, Barclays lifted their target price on shares of KANZHUN from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Thursday. 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 MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $19.33.
Read Our Latest Stock Report on BZ
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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