Franklin Resources Inc. raised its holdings in Kanzhun Limited (NASDAQ:BZ – Free Report) by 9.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 149,540 shares of the company’s stock after acquiring an additional 12,812 shares during the period. Franklin Resources Inc.’s holdings in Kanzhun were worth $2,064,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of BZ. California Public Employees Retirement System raised its position in Kanzhun by 4.6% during the fourth quarter. California Public Employees Retirement System now owns 493,356 shares of the company’s stock valued at $6,808,000 after acquiring an additional 21,527 shares in the last quarter. Schroder Investment Management Group grew its stake in shares of Kanzhun by 7.1% during the 4th quarter. Schroder Investment Management Group now owns 14,838,725 shares of the company’s stock worth $204,774,000 after purchasing an additional 986,213 shares during the period. Premier Fund Managers Ltd grew its stake in shares of Kanzhun by 25.4% during the 4th quarter. Premier Fund Managers Ltd now owns 13,131 shares of the company’s stock worth $180,000 after purchasing an additional 2,661 shares during the period. Pictet Asset Management Holding SA increased its holdings in shares of Kanzhun by 7.4% during the 4th quarter. Pictet Asset Management Holding SA now owns 444,752 shares of the company’s stock valued at $6,138,000 after purchasing an additional 30,568 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Kanzhun in the 4th quarter valued at $64,060,000. Institutional investors and hedge funds own 60.67% of the company’s stock.
Kanzhun Stock Up 1.5 %
BZ stock opened at $14.53 on Monday. The stock has a market capitalization of $5.59 billion, a P/E ratio of 32.29 and a beta of 0.32. Kanzhun Limited has a 52 week low of $10.57 and a 52 week high of $22.74. The firm has a 50-day simple moving average of $17.09 and a 200-day simple moving average of $15.47.
Wall Street Analyst Weigh In
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.
Further Reading
- Five stocks we like better than Kanzhun
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Is McDonald’s Stock Serving a Value Meal to Investors?
- Find and Profitably Trade Stocks at 52-Week Lows
- Walgreens Comeback? Private Equity Circling for a Buyout
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Coca-Cola Stock Looks Refreshing After the Relief Rally
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 (NASDAQ:BZ – Free Report).
Receive News & Ratings for Kanzhun Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kanzhun and related companies with MarketBeat.com's FREE daily email newsletter.