ANTIPODES PARTNERS Ltd boosted its holdings in KE Holdings Inc. (NYSE:BEKE - Free Report) by 9.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,112,392 shares of the company's stock after purchasing an additional 462,416 shares during the quarter. KE accounts for about 3.3% of ANTIPODES PARTNERS Ltd's portfolio, making the stock its 12th largest holding. ANTIPODES PARTNERS Ltd owned approximately 0.42% of KE worth $94,178,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Central Asset Investments & Management Holdings HK Ltd acquired a new stake in KE in the 3rd quarter worth about $1,124,000. TT International Asset Management LTD acquired a new position in shares of KE in the 4th quarter valued at approximately $717,000. XTX Topco Ltd raised its position in shares of KE by 324.8% in the 3rd quarter. XTX Topco Ltd now owns 117,780 shares of the company's stock valued at $2,345,000 after buying an additional 90,054 shares in the last quarter. Headwater Capital Co Ltd acquired a new position in shares of KE in the 4th quarter valued at approximately $11,052,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in shares of KE by 5.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,583,585 shares of the company's stock valued at $31,529,000 after buying an additional 76,517 shares in the last quarter. Institutional investors and hedge funds own 39.34% of the company's stock.
Analyst Ratings Changes
Separately, Barclays boosted their target price on shares of KE from $30.00 to $33.00 and gave the company an "overweight" rating in a research report on Monday, November 25th.
Check Out Our Latest Research Report on BEKE
KE Stock Up 8.7 %
Shares of NYSE:BEKE traded up $1.96 during midday trading on Friday, hitting $24.40. The stock had a trading volume of 11,067,526 shares, compared to its average volume of 9,033,637. The company has a market capitalization of $29.49 billion, a P/E ratio of 49.80, a price-to-earnings-growth ratio of 3.45 and a beta of -0.82. The company's 50-day moving average price is $19.41 and its 200-day moving average price is $19.21. KE Holdings Inc. has a fifty-two week low of $12.48 and a fifty-two week high of $26.05.
KE Profile
(
Free Report)
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.
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