Nomura Holdings Inc. Has $1.05 Million Stake in Kanzhun Limited (NASDAQ:BZ)

Nomura Holdings Inc. decreased its holdings in Kanzhun Limited (NASDAQ:BZ) by 19.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,035 shares of the company’s stock after selling 18,865 shares during the period. Nomura Holdings Inc.’s holdings in Kanzhun were worth $1,049,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. First Trust Advisors LP grew its stake in shares of Kanzhun by 7.7% in the 4th quarter. First Trust Advisors LP now owns 13,927 shares of the company’s stock valued at $192,000 after buying an additional 999 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Kanzhun by 403.1% in the 4th quarter. Quadrant Capital Group LLC now owns 1,781 shares of the company’s stock valued at $25,000 after buying an additional 1,427 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Kanzhun by 107.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,976 shares of the company’s stock valued at $41,000 after buying an additional 1,542 shares in the last quarter. Swiss National Bank grew its stake in shares of Kanzhun by 0.3% in the 4th quarter. Swiss National Bank now owns 600,966 shares of the company’s stock valued at $8,293,000 after buying an additional 1,900 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Kanzhun by 9.3% in the 4th quarter. Rhumbline Advisers now owns 24,185 shares of the company’s stock valued at $334,000 after buying an additional 2,066 shares in the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BZ. Barclays boosted their price target on Kanzhun from $16.00 to $22.00 and gave the company an “overweight” rating in a research note on Thursday, March 13th. Sanford C. Bernstein reissued a “market perform” rating and issued a $18.00 price target on shares of Kanzhun in a research note on Wednesday, March 12th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.71.

Kanzhun Stock Up 0.8%

Shares of Kanzhun stock opened at $18.25 on Monday. The stock has a market capitalization of $7.10 billion, a P/E ratio of 40.56 and a beta of 0.35. The stock has a 50 day moving average price of $16.84 and a two-hundred day moving average price of $15.36. Kanzhun Limited has a 12-month low of $10.57 and a 12-month high of $22.74.

Kanzhun Company Profile

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.