KE Holdings Inc. (NYSE:BEKE - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $22.47, but opened at $23.50. KE shares last traded at $22.64, with a volume of 1,926,903 shares traded.
Analysts Set New Price Targets
Separately, Barclays boosted their target price on KE from $30.00 to $33.00 and gave the stock an "overweight" rating in a research report on Monday, November 25th.
Check Out Our Latest Research Report on KE
KE Stock Performance
The stock has a market cap of $27.68 billion, a price-to-earnings ratio of 46.76, a price-to-earnings-growth ratio of 3.45 and a beta of -0.82. The business's 50 day moving average is $19.01 and its 200 day moving average is $19.01.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. US Bancorp DE increased its stake in shares of KE by 41.6% in the third quarter. US Bancorp DE now owns 6,203 shares of the company's stock worth $124,000 after purchasing an additional 1,823 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of KE during the third quarter worth approximately $1,723,000. Crossmark Global Holdings Inc. boosted its position in shares of KE by 6.6% in the third quarter. Crossmark Global Holdings Inc. now owns 27,201 shares of the company's stock valued at $541,000 after acquiring an additional 1,692 shares during the period. Venturi Wealth Management LLC grew its stake in shares of KE by 5,089.9% in the third quarter. Venturi Wealth Management LLC now owns 4,100 shares of the company's stock worth $82,000 after acquiring an additional 4,021 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in KE by 5.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,583,585 shares of the company's stock worth $31,529,000 after acquiring an additional 76,517 shares during the period. 39.34% of the stock is currently owned by institutional investors and hedge funds.
KE Company Profile
(
Get 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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