47,925 Shares in KANZHUN LIMITED Sponsored ADR $BZ Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio purchased a new position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) during the second quarter, Holdings Channel reports. The fund purchased 47,925 shares of the company’s stock, valued at approximately $617,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cerity Partners LLC boosted its stake in shares of KANZHUN by 2.5% during the second quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock valued at $398,000 after purchasing an additional 549 shares during the period. Larson Financial Group LLC grew its holdings in shares of KANZHUN by 93.1% in the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after purchasing an additional 815 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its stake in shares of KANZHUN by 7.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 14,231 shares of the company’s stock worth $290,000 after buying an additional 958 shares during the period. Genus Capital Management Inc. increased its stake in shares of KANZHUN by 7.1% in the fourth quarter. Genus Capital Management Inc. now owns 15,000 shares of the company’s stock worth $306,000 after buying an additional 1,000 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in KANZHUN by 82.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,917 shares of the company’s stock valued at $68,000 after buying an additional 1,317 shares during the last quarter. Institutional investors own 60.67% of the company’s stock.

Analysts Set New Price Targets

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

KANZHUN Stock Down 3.3%

NASDAQ:BZ opened at $16.07 on Thursday. The stock has a market cap of $6.59 billion, a P/E ratio of 11.32, a price-to-earnings-growth ratio of 1.77 and a beta of 0.48. The firm’s fifty day simple moving average is $15.83 and its 200 day simple moving average is $14.66. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.57 and a twelve month high of $25.26.

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

KANZHUN Dividend Announcement

The business also recently declared 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 of this dividend is Monday, September 28th. KANZHUN’s dividend payout ratio is presently 10.56%.

Insider Buying and Selling

In other KANZHUN news, CMO Xu Chen sold 400,000 shares of KANZHUN stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $8.50, for a total transaction of $3,400,000.00. Following the sale, the chief marketing officer directly owned 153,340 shares of the company’s stock, valued at approximately $1,303,390. The trade was a 72.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.60% of the stock is owned by company insiders.

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.