UBS Group AG Purchases 65,924 Shares of Zhihu Inc. (NYSE:ZH)

UBS Group AG raised its stake in Zhihu Inc. (NYSE:ZH – Get Rating) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,301,238 shares of the company’s stock after acquiring an additional 65,924 shares during the period. UBS Group AG owned approximately 0.81% of Zhihu worth $6,892,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ZH. Quantbot Technologies LP increased its holdings in Zhihu by 628.2% in the 2nd quarter. Quantbot Technologies LP now owns 17,477 shares of the company’s stock valued at $31,000 after acquiring an additional 15,077 shares during the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in shares of Zhihu in the 4th quarter worth $58,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Zhihu in the 2nd quarter worth $69,000. Verition Fund Management LLC purchased a new position in shares of Zhihu in the 2nd quarter worth $106,000. Finally, BNP Paribas Arbitrage SNC purchased a new position in shares of Zhihu in the 3rd quarter worth $177,000. 11.39% of the stock is currently owned by institutional investors.

Zhihu Stock Down 5.7 %

ZH stock opened at $1.00 on Friday. Zhihu Inc. has a 12 month low of $0.89 and a 12 month high of $2.13. The company has a 50-day moving average price of $1.13 and a 200 day moving average price of $1.34.

Zhihu (NYSE:ZH – Get Rating) last released its quarterly earnings results on Wednesday, March 22nd. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.05. Zhihu had a negative net margin of 29.93% and a negative return on equity of 19.57%. The firm had revenue of $161.51 million during the quarter. As a group, research analysts forecast that Zhihu Inc. will post -0.23 earnings per share for the current fiscal year.

About Zhihu

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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 also offers technology, business support, and consulting services; information transmission, software, and information technology services; information and marketing services; vocational training; and internet services, as well as holds audio-visual permit.