Aviva PLC Purchases 25,199 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Aviva PLC increased its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 13.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,292 shares of the company’s stock after purchasing an additional 25,199 shares during the quarter. Aviva PLC owned approximately 0.05% of KANZHUN worth $3,734,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in KANZHUN during the first quarter worth about $27,000. Brooklyn Investment Group grew its position in KANZHUN by 3,115.4% during the 1st 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. AQR Capital Management LLC acquired a new stake in KANZHUN during the 1st quarter valued at $201,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in KANZHUN during the 2nd quarter valued at $225,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in KANZHUN by 25.4% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 13,582 shares of the company’s stock valued at $242,000 after purchasing an additional 2,748 shares during the last quarter. 60.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on BZ shares. The Goldman Sachs Group restated a “buy” rating on shares of KANZHUN in a report on Monday, September 22nd. Zacks Research lowered shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday. UBS Group raised shares of KANZHUN from a “neutral” rating to a “buy” rating and set a $26.00 target price for the company in a research note on Thursday, August 21st. Jefferies Financial Group increased their price target on shares of KANZHUN from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, August 20th. Finally, Weiss Ratings lowered shares of KANZHUN from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.17.

KANZHUN Price Performance

Shares of BZ stock opened at $21.34 on Thursday. The stock has a market cap of $8.84 billion, a PE ratio of 31.85 and a beta of 0.42. The stock has a 50-day moving average of $22.93 and a 200-day moving average of $20.34. KANZHUN LIMITED Sponsored ADR has a one year low of $12.16 and a one year high of $25.26.

KANZHUN Dividend Announcement

The company also recently announced a full year 25 dividend, which was paid on Thursday, October 23rd. Shareholders of record on Wednesday, October 8th were issued a $0.084 dividend. The ex-dividend date was Wednesday, October 8th. This represents a yield of 69.0%. KANZHUN’s dividend payout ratio (DPR) is 22.39%.

About KANZHUN

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.