Union Bancaire Privee UBP SA Sells 98,788 Shares of KANZHUN LIMITED Sponsored ADR $BZ

by · The Cerbat Gem

Union Bancaire Privee UBP SA reduced its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) by 53.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,258 shares of the company’s stock after selling 98,788 shares during the period. Union Bancaire Privee UBP SA’s holdings in KANZHUN were worth $1,992,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in KANZHUN during the first quarter worth $27,000. Brooklyn Investment Group increased its position in shares of KANZHUN by 3,115.4% during the first quarter. Brooklyn Investment Group now owns 2,926 shares of the company’s stock worth $56,000 after acquiring an additional 2,835 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of KANZHUN by 39.2% during the second quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock worth $75,000 after acquiring an additional 1,185 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of KANZHUN by 52.5% in the 2nd quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock worth $93,000 after acquiring an additional 1,792 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in KANZHUN by 315.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after acquiring an additional 4,442 shares in the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of KANZHUN in a report on Monday. Barclays upped their price target on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research report on Monday. Jefferies Financial Group lifted their price objective on shares of KANZHUN from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, August 20th. Finally, Zacks Research downgraded shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

View Our Latest Analysis on BZ

KANZHUN Price Performance

Shares of KANZHUN stock opened at $20.31 on Thursday. The firm has a market cap of $8.41 billion, a PE ratio of 26.72 and a beta of 0.42. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.85 and a 1 year high of $25.26. The stock has a fifty day moving average price of $21.48 and a 200-day moving average price of $21.05.

About KANZHUN

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report).