TT International Asset Management LTD bought a new position in shares of KE Holdings Inc. (NYSE:BEKE - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 38,936 shares of the company's stock, valued at approximately $717,000.
Other large investors have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in KE during the third quarter worth about $30,000. Rakuten Securities Inc. lifted its stake in KE by 334,500.0% in the 3rd quarter. Rakuten Securities Inc. now owns 3,346 shares of the company's stock worth $67,000 after purchasing an additional 3,345 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of KE by 5,089.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 4,100 shares of the company's stock worth $82,000 after purchasing an additional 4,021 shares during the last quarter. US Bancorp DE grew its position in shares of KE by 41.6% in the third quarter. US Bancorp DE now owns 6,203 shares of the company's stock valued at $124,000 after purchasing an additional 1,823 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in shares of KE in the second quarter valued at approximately $146,000. Hedge funds and other institutional investors own 39.34% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on BEKE shares. Bank of America raised KE from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $24.00 to $28.00 in a research note on Wednesday, October 30th. Barclays boosted their price target 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.
Get Our Latest Stock Analysis on KE
KE Trading Down 0.1 %
KE stock traded down $0.01 during mid-day trading on Monday, hitting $16.39. The company's stock had a trading volume of 6,761,092 shares, compared to its average volume of 7,897,353. KE Holdings Inc. has a 1 year low of $12.44 and a 1 year high of $26.05. The firm has a market capitalization of $19.80 billion, a PE ratio of 33.45, a price-to-earnings-growth ratio of 4.76 and a beta of -0.76. The stock's fifty day moving average is $19.29 and its two-hundred day moving average is $17.60.
KE Company 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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