KE Holdings Inc. (NYSE:BEKE - Get Free Report) was the target of unusually large options trading on Thursday. Stock investors acquired 18,806 put options on the company. This represents an increase of approximately 29% compared to the typical daily volume of 14,607 put options.
Wall Street Analyst Weigh In
Separately, Barclays increased their price objective 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 KE
KE Stock Performance
BEKE stock traded down $0.24 during midday trading on Friday, reaching $24.22. The stock had a trading volume of 9,185,440 shares, compared to its average volume of 8,849,898. The firm has a fifty day simple moving average of $18.93 and a two-hundred day simple moving average of $18.93. KE has a 52-week low of $12.44 and a 52-week high of $26.05. The stock has a market cap of $29.27 billion, a PE ratio of 49.44, a P/E/G ratio of 3.45 and a beta of -0.82.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of BEKE. Central Asset Investments & Management Holdings HK Ltd acquired a new position in KE in the 3rd quarter worth approximately $1,124,000. TT International Asset Management LTD purchased a new stake in shares of KE in the 4th quarter valued at $717,000. XTX Topco Ltd increased its stake in shares of KE by 324.8% in the third quarter. XTX Topco Ltd now owns 117,780 shares of the company's stock worth $2,345,000 after acquiring an additional 90,054 shares during the period. Headwater Capital Co Ltd purchased a new position in shares of KE during the fourth quarter worth $11,052,000. Finally, Sumitomo Mitsui Trust Group Inc. lifted 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 valued at $31,529,000 after purchasing an additional 76,517 shares during the period. 39.34% of the stock is currently owned by hedge funds and other institutional investors.
About KE
(
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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