KE Holdings Inc. Sponsored ADR (NYSE:BEKE) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of KE Holdings Inc. Sponsored ADR (NYSE:BEKE) have earned an average rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $23.30.

BEKE has been the subject of a number of analyst reports. UBS Group cut KE from a “buy” rating to a “neutral” rating and set a $19.00 price target for the company. in a research report on Friday, October 31st. Weiss Ratings reissued a “hold (c+)” rating on shares of KE in a report on Monday, December 22nd. Finally, Wall Street Zen raised shares of KE from a “sell” rating to a “hold” rating in a report on Saturday, January 10th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Strs Ohio bought a new stake in KE during the first quarter valued at about $44,000. Hantz Financial Services Inc. grew its position in shares of KE by 599.5% during the second quarter. Hantz Financial Services Inc. now owns 3,036 shares of the company’s stock worth $54,000 after purchasing an additional 2,602 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of KE by 145.1% during the second quarter. EverSource Wealth Advisors LLC now owns 3,812 shares of the company’s stock worth $68,000 after purchasing an additional 2,257 shares in the last quarter. Franchise Capital Ltd bought a new stake in KE during the 3rd quarter valued at approximately $76,000. Finally, Parallel Advisors LLC lifted its holdings in KE by 79.7% in the 3rd quarter. Parallel Advisors LLC now owns 5,180 shares of the company’s stock worth $98,000 after purchasing an additional 2,298 shares in the last quarter. Institutional investors own 39.34% of the company’s stock.

KE Price Performance

NYSE:BEKE opened at $18.17 on Tuesday. KE has a one year low of $15.26 and a one year high of $25.17. The business has a fifty day moving average price of $16.91 and a 200-day moving average price of $17.86. The firm has a market capitalization of $20.67 billion, a price-to-earnings ratio of 43.26, a price-to-earnings-growth ratio of 2.36 and a beta of -0.63.

KE Company Profile

KE Holdings Inc (NYSE: BEKE) is a technology-driven real estate services company that operates an integrated online and offline platform for housing transactions and related services in mainland China. The company provides consumer-facing property listing marketplaces alongside a broad network of offline brokerage offices and agents, aiming to facilitate sales, rentals and new-home transactions for individual and institutional clients.

The company’s offerings span property listings for new and resale homes, rental listings, brokerage representation and transaction facilitation.