KE Holdings Inc. (NYSE:BEKE) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of KE Holdings Inc. (NYSE:BEKE - Free Report) by 11.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 994,515 shares of the company's stock after acquiring an additional 103,720 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.08% of KE worth $19,801,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Blue Trust Inc. boosted its holdings in KE by 2,662.2% during the 2nd quarter. Blue Trust Inc. now owns 3,287 shares of the company's stock valued at $45,000 after acquiring an additional 3,168 shares during the period. Rakuten Securities Inc. grew its stake in KE by 334,500.0% during the 3rd quarter. Rakuten Securities Inc. now owns 3,346 shares of the company's stock worth $67,000 after purchasing an additional 3,345 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in KE by 5,089.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 4,100 shares of the company's stock worth $82,000 after purchasing an additional 4,021 shares during the period. Signaturefd LLC raised its position in KE by 12.5% in the 2nd quarter. Signaturefd LLC now owns 7,781 shares of the company's stock valued at $110,000 after purchasing an additional 866 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of KE by 41.6% in the 3rd quarter. US Bancorp DE now owns 6,203 shares of the company's stock valued at $124,000 after purchasing an additional 1,823 shares during the last quarter. Hedge funds and other institutional investors own 39.34% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BEKE. Citigroup initiated coverage on shares of KE in a report on Tuesday, September 10th. They issued a "buy" rating and a $23.80 target price for the company. Bank of America raised KE from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $24.00 to $28.00 in a report on Wednesday, October 30th. Finally, Barclays boosted their target price on KE from $30.00 to $33.00 and gave the company an "overweight" rating in a report on Monday, November 25th.

KE Stock Performance

NYSE BEKE remained flat at $18.82 during trading hours on Friday. 5,589,641 shares of the company traded hands, compared to its average volume of 7,981,856. KE Holdings Inc. has a 52-week low of $12.44 and a 52-week high of $26.05. The stock has a 50-day moving average of $21.06 and a 200-day moving average of $17.19. The company has a market cap of $22.74 billion, a P/E ratio of 38.41, a price-to-earnings-growth ratio of 4.39 and a beta of -0.77.

About KE

KE Holdings Inc, through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services.