KE Holdings Inc. (NYSE:BEKE) Shares Acquired by Oxbow Capital Management HK Ltd

Oxbow Capital Management HK Ltd boosted its stake in KE Holdings Inc. (NYSE:BEKE - Free Report) by 143.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,600,000 shares of the company's stock after buying an additional 942,026 shares during the period. KE makes up approximately 10.5% of Oxbow Capital Management HK Ltd's portfolio, making the stock its 5th biggest position. Oxbow Capital Management HK Ltd owned about 0.13% of KE worth $29,472,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. SBI Securities Co. Ltd. acquired a new stake in shares of KE in the fourth quarter valued at $30,000. Principal Securities Inc. boosted its holdings in 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 acquiring an additional 1,664 shares during the period. Rakuten Securities Inc. grew its position in KE by 42.3% in the 4th quarter. Rakuten Securities Inc. now owns 4,762 shares of the company's stock valued at $88,000 after acquiring an additional 1,416 shares in the last quarter. US Bancorp DE increased its stake in KE by 42.3% during the fourth quarter. US Bancorp DE now owns 8,826 shares of the company's stock worth $163,000 after purchasing an additional 2,623 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in shares of KE by 8.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,379 shares of the company's stock worth $173,000 after purchasing an additional 762 shares in the last quarter. Institutional investors and hedge funds own 39.34% of the company's stock.

KE Stock Down 3.0 %

KE stock traded down $0.67 during mid-day trading on Friday, hitting $21.41. The company had a trading volume of 6,268,439 shares, compared to its average volume of 9,858,051. KE Holdings Inc. has a 1 year low of $12.92 and a 1 year high of $26.05. The business has a fifty day moving average of $20.94 and a 200 day moving average of $19.87. The stock has a market cap of $25.87 billion, a price-to-earnings ratio of 43.69, a PEG ratio of 3.45 and a beta of -0.73.

KE Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a "buy" rating on shares of KE in a research note on Tuesday, March 18th. Morgan Stanley upped their price objective on KE from $19.00 to $27.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 19th. Finally, UBS Group cut shares of KE from a "buy" rating to a "neutral" rating and boosted their price target for the stock from $22.70 to $24.50 in a report on Thursday, March 20th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.26.

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.