XY Capital Ltd Has $9.50 Million Stock Position in KE Holdings Inc. Sponsored ADR $BEKE

XY Capital Ltd lifted its position in shares of KE Holdings Inc. Sponsored ADR (NYSE:BEKE) by 9.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 499,828 shares of the company’s stock after purchasing an additional 43,534 shares during the period. KE accounts for approximately 5.0% of XY Capital Ltd’s investment portfolio, making the stock its 2nd biggest holding. XY Capital Ltd’s holdings in KE were worth $9,497,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. DNB Asset Management AS increased its position in KE by 1.4% during the 3rd quarter. DNB Asset Management AS now owns 57,001 shares of the company’s stock worth $1,083,000 after buying an additional 801 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of KE by 8.1% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,820 shares of the company’s stock valued at $192,000 after acquiring an additional 809 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in KE by 39.1% during the third quarter. EverSource Wealth Advisors LLC now owns 5,302 shares of the company’s stock worth $101,000 after acquiring an additional 1,490 shares during the period. Savant Capital LLC increased its position in KE by 10.6% during the second quarter. Savant Capital LLC now owns 16,743 shares of the company’s stock worth $297,000 after acquiring an additional 1,601 shares during the period. Finally, US Bancorp DE raised its stake in KE by 17.1% in the 3rd quarter. US Bancorp DE now owns 11,983 shares of the company’s stock worth $228,000 after purchasing an additional 1,746 shares in the last quarter. 39.34% of the stock is currently owned by institutional investors.

KE Trading Up 1.6%

KE stock opened at $16.72 on Friday. The company has a market capitalization of $19.54 billion, a PE ratio of 39.80, a P/E/G ratio of 2.11 and a beta of -0.62. The stock has a 50-day moving average price of $17.53 and a two-hundred day moving average price of $17.63. KE Holdings Inc. Sponsored ADR has a 12 month low of $15.26 and a 12 month high of $25.17.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of KE in a research report on Monday, December 22nd. The Goldman Sachs Group downgraded shares of KE from a “buy” rating to a “neutral” rating and set a $19.00 price target for the company. in a research report on Monday, February 2nd. Wall Street Zen upgraded KE from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Barclays set a $23.00 price target on KE in a research report on Thursday, February 19th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, KE currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.40.

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.