Dymon Asia Capital Singapore PTE. LTD. Has $5.53 Million Position in KE Holdings Inc. (NYSE:BEKE)

Dymon Asia Capital Singapore PTE. LTD. grew its holdings in KE Holdings Inc. (NYSE:BEKE - Free Report) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 299,995 shares of the company's stock after purchasing an additional 24,200 shares during the quarter. KE makes up approximately 1.3% of Dymon Asia Capital Singapore PTE. LTD.'s portfolio, making the stock its 5th largest holding. Dymon Asia Capital Singapore PTE. LTD.'s holdings in KE were worth $5,526,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. TT International Asset Management LTD acquired a new stake in shares of KE during the fourth quarter worth $717,000. Headwater Capital Co Ltd acquired a new position in shares of KE in the fourth quarter worth about $11,052,000. ABS Direct Equity Fund LLC boosted its position in shares of KE by 284.5% in the fourth quarter. ABS Direct Equity Fund LLC now owns 84,200 shares of the company's stock worth $1,551,000 after buying an additional 62,300 shares during the period. China Universal Asset Management Co. Ltd. grew its position in KE by 55.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 169,000 shares of the company's stock valued at $3,113,000 after purchasing an additional 60,000 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of KE during the third quarter worth $1,033,000. 39.34% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. UBS Group lowered shares of KE from a "buy" rating to a "neutral" rating and lifted their price target for the company from $22.70 to $24.50 in a research report on Thursday, March 20th. Jefferies Financial Group reissued a "buy" rating on shares of KE in a report on Tuesday, March 18th. Finally, Morgan Stanley boosted their target price on KE from $19.00 to $27.00 and gave the stock an "overweight" rating in a report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $27.26.

KE Stock Performance

Shares of NYSE BEKE traded up $0.05 during mid-day trading on Wednesday, reaching $19.39. The company had a trading volume of 2,640,470 shares, compared to its average volume of 9,804,694. The business's 50-day simple moving average is $20.89 and its 200 day simple moving average is $20.03. The firm has a market cap of $23.43 billion, a price-to-earnings ratio of 39.57, a PEG ratio of 3.45 and a beta of -0.73. KE Holdings Inc. has a one year low of $12.49 and a one year high of $26.05.

KE Increases Dividend

The firm also recently declared a -- dividend, which will be paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th will be issued a dividend of $0.36 per share. This represents a dividend yield of 1.4%. The ex-dividend date is Wednesday, April 9th. This is a positive change from KE's previous -- dividend of $0.17. KE's payout ratio is 64.58%.

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.