Nykredit A S Takes Position in KANZHUN LIMITED Sponsored ADR $BZ

Nykredit A S purchased a new position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 224,687 shares of the company’s stock, valued at approximately $2,892,000.

Several other institutional investors and hedge funds have also made changes to their positions in BZ. Schroder Investment Management Group increased its holdings in KANZHUN by 15.9% during the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after acquiring an additional 3,352,779 shares in the last quarter. Capital International Investors lifted its holdings in shares of KANZHUN by 22.2% in the fourth quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock valued at $200,651,000 after purchasing an additional 1,786,308 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of KANZHUN by 14.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,416,759 shares of the company’s stock valued at $191,915,000 after purchasing an additional 1,213,240 shares during the last quarter. State Street Corp grew its position in shares of KANZHUN by 4.5% in the fourth quarter. State Street Corp now owns 7,006,834 shares of the company’s stock valued at $142,799,000 after purchasing an additional 299,001 shares during the last quarter. Finally, Thornburg Investment Management Inc. increased its stake in shares of KANZHUN by 58.8% during the 4th quarter. Thornburg Investment Management Inc. now owns 6,117,010 shares of the company’s stock worth $124,665,000 after purchasing an additional 2,265,441 shares in the last quarter. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

KANZHUN Stock Performance

BZ stock opened at $16.92 on Monday. The company has a 50 day moving average price of $15.62 and a two-hundred day moving average price of $14.67. The stock 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. KANZHUN LIMITED Sponsored ADR has a one year low of $12.57 and a one year high of $25.26.

KANZHUN (NASDAQ:BZ) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.33 earnings per share for the quarter. KANZHUN had a return on equity of 15.03% and a net margin of 53.16%.The company had revenue of $353.05 million for the quarter. Research analysts forecast that KANZHUN LIMITED Sponsored ADR will post 1 earnings per share for the current fiscal year.

KANZHUN Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Wednesday, October 14th. Investors of record on Monday, September 28th will be paid a $0.51 dividend. This represents a yield of 313.0%. The ex-dividend date is Monday, September 28th. KANZHUN’s dividend payout ratio is presently 10.56%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BZ. Bank of America started coverage on KANZHUN in a research report on Tuesday, August 18th. They set a “neutral” rating and a $19.00 price objective for the company. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Weiss Ratings raised KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 5th. Barclays increased their price objective on KANZHUN from $19.00 to $20.00 and gave the company an “overweight” rating in a research note on Thursday, August 27th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $19.00 target price on shares of KANZHUN in a research note on Wednesday, August 26th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, KANZHUN has an average rating of “Moderate Buy” and an average target price of $19.33.

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.