KE Holdings Inc. (NYSE:BEKE) Stock Holdings Lifted by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. increased its position in shares of KE Holdings Inc. (NYSE:BEKE - Free Report) by 100.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 60,000 shares of the company's stock after acquiring an additional 30,000 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in KE were worth $1,105,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of KE during the 3rd quarter worth about $30,000. SBI Securities Co. Ltd. acquired a new position in shares of KE in the 4th quarter valued at $30,000. Principal Securities Inc. grew its stake in shares of KE by 411.9% during the 4th quarter. Principal Securities Inc. now owns 2,068 shares of the company's stock valued at $38,000 after buying an additional 1,664 shares during the period. Rakuten Securities Inc. raised its position in shares of KE by 42.3% in the 4th quarter. Rakuten Securities Inc. now owns 4,762 shares of the company's stock worth $88,000 after buying an additional 1,416 shares during the period. Finally, US Bancorp DE boosted its holdings in KE by 42.3% in the fourth quarter. US Bancorp DE now owns 8,826 shares of the company's stock valued at $163,000 after acquiring an additional 2,623 shares during the last quarter. 39.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BEKE has been the subject of a number of research analyst reports. Jefferies Financial Group reissued a "buy" rating on shares of KE in a research report on Tuesday, March 18th. UBS Group downgraded shares of KE from a "buy" rating to a "neutral" rating and raised their target price for the company from $22.70 to $24.50 in a research note on Thursday, March 20th. Finally, Morgan Stanley increased their price target on KE from $19.00 to $27.00 and gave the company an "overweight" rating in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, KE presently has an average rating of "Moderate Buy" and an average price target of $27.26.

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KE Stock Down 7.2 %

Shares of KE stock traded down $1.52 during trading hours on Friday, hitting $19.46. 11,117,369 shares of the company's stock traded hands, compared to its average volume of 9,676,187. KE Holdings Inc. has a twelve month low of $12.49 and a twelve month high of $26.05. The stock has a 50 day simple moving average of $20.72 and a 200-day simple moving average of $19.94. The company has a market cap of $23.51 billion, a PE ratio of 39.71, a PEG ratio of 3.45 and a beta of -0.73.

KE Increases Dividend

The firm also recently disclosed a -- dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be issued a dividend of $0.36 per share. The ex-dividend date is Wednesday, April 9th. This is an increase from KE's previous -- dividend of $0.17. This represents a yield of 1.4%. KE's payout ratio is currently 64.58%.

KE Profile

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.