Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 28,943 Shares of Zhihu Inc. (NYSE:ZH)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Zhihu Inc. (NYSE:ZH) by 55.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 81,433 shares of the company’s stock after buying an additional 28,943 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Zhihu were worth $288,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Jane Street Group LLC boosted its stake in Zhihu by 65.1% in the third quarter. Jane Street Group LLC now owns 175,381 shares of the company’s stock valued at $675,000 after acquiring an additional 69,160 shares during the last quarter. E Fund Management Co. Ltd. increased its stake in shares of Zhihu by 83.1% during the 4th quarter. E Fund Management Co. Ltd. now owns 150,848 shares of the company’s stock worth $534,000 after purchasing an additional 68,458 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of Zhihu by 83.1% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 150,848 shares of the company’s stock worth $534,000 after purchasing an additional 68,458 shares during the period. Barclays PLC purchased a new position in Zhihu in the third quarter valued at approximately $511,000. Finally, Walleye Capital LLC bought a new position in Zhihu during the third quarter valued at $212,000. 28.92% of the stock is owned by institutional investors.

Zhihu Stock Up 3.5 %

NYSE ZH opened at $4.82 on Friday. The firm’s 50-day simple moving average is $4.55 and its two-hundred day simple moving average is $3.94. The company has a market cap of $420.43 million, a PE ratio of -8.60 and a beta of 0.08. Zhihu Inc. has a 52 week low of $2.55 and a 52 week high of $6.32.

Zhihu (NYSE:ZH) last released its quarterly earnings results on Wednesday, March 26th. The company reported $0.14 earnings per share for the quarter. Zhihu had a negative return on equity of 8.01% and a negative net margin of 9.28%. The firm had revenue of $117.71 million for the quarter.

Analysts Set New Price Targets

Separately, Citigroup lowered their target price on Zhihu from $5.40 to $4.70 and set a “buy” rating on the stock in a research note on Friday, November 29th.

Zhihu Profile

Zhihu Inc operates an online content community in the People’s Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.