Hsbc Holdings PLC Has $34.24 Million Stake in KANZHUN LIMITED Sponsored ADR $BZ

Hsbc Holdings PLC lowered its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,682,701 shares of the company’s stock after selling 110,960 shares during the period. Hsbc Holdings PLC owned about 0.40% of KANZHUN worth $34,245,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in KANZHUN during the 4th quarter worth about $105,095,000. Krane Funds Advisors LLC grew its holdings in shares of KANZHUN by 24.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock valued at $413,311,000 after acquiring an additional 3,819,347 shares in the last quarter. Schroder Investment Management Group increased its position in shares of KANZHUN by 15.9% in the fourth 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 during the last quarter. Capital International Investors increased its position in shares of KANZHUN by 70.3% in the third quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock valued at $188,262,000 after acquiring an additional 3,326,548 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in KANZHUN during the fourth quarter worth about $62,692,000. 60.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $16.50 to $18.00 in a research note on Friday, June 5th. Finally, Barclays cut their price objective on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, March 20th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $21.75.

KANZHUN Stock Performance

Shares of BZ stock opened at $13.14 on Wednesday. KANZHUN LIMITED Sponsored ADR has a 52-week low of $12.85 and a 52-week high of $25.26. The stock has a market cap of $5.52 billion, a price-to-earnings ratio of 12.88 and a beta of 0.49. The firm’s 50-day moving average is $13.83 and its 200-day moving average is $16.23.

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.