Scientech Research LLC bought a new position in shares of KE Holdings Inc. Sponsored ADR (NYSE:BEKE - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 38,688 shares of the company's stock, valued at approximately $777,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Nissay Asset Management Corp Japan ADV bought a new position in KE during the first quarter worth about $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of KE by 21.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,011 shares of the company's stock worth $201,000 after buying an additional 1,797 shares in the last quarter. Edmond DE Rothschild Holding S.A. lifted its holdings in shares of KE by 73.4% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 104,020 shares of the company's stock worth $2,090,000 after buying an additional 44,020 shares in the last quarter. Hhlr Advisors LTD. lifted its holdings in shares of KE by 6.3% in the first quarter. Hhlr Advisors LTD. now owns 11,973,402 shares of the company's stock worth $240,546,000 after buying an additional 712,126 shares in the last quarter. Finally, Cigna Investments Inc. New lifted its holdings in shares of KE by 15.6% in the first quarter. Cigna Investments Inc. New now owns 12,847 shares of the company's stock worth $258,000 after buying an additional 1,737 shares in the last quarter. Institutional investors own 39.34% of the company's stock.
KE Price Performance
NYSE BEKE traded down $0.09 on Friday, reaching $20.07. 5,680,150 shares of the company's stock traded hands, compared to its average volume of 8,413,233. KE Holdings Inc. Sponsored ADR has a 12 month low of $13.28 and a 12 month high of $26.05. The stock has a 50-day simple moving average of $18.54 and a 200 day simple moving average of $19.47. The stock has a market cap of $23.90 billion, a PE ratio of 42.70, a P/E/G ratio of 2.42 and a beta of -0.76.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on BEKE. Jefferies Financial Group set a $22.00 price target on shares of KE and gave the stock a "buy" rating in a report on Tuesday, August 26th. JPMorgan Chase & Co. lowered their price target on shares of KE from $24.00 to $22.00 and set an "overweight" rating on the stock in a report on Tuesday, August 12th. Barclays lowered their target price on shares of KE from $33.00 to $25.00 and set an "overweight" rating on the stock in a research note on Friday, August 15th. Wall Street Zen downgraded shares of KE from a "buy" rating to a "hold" rating in a research note on Sunday, June 22nd. Finally, UBS Group raised shares of KE from a "neutral" rating to a "buy" rating and raised their target price for the company from $22.10 to $23.00 in a research note on Friday, May 16th. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $24.54.
Get Our Latest Report on KE
About KE
(
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.
Read More
Before you consider KE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KE wasn't on the list.
While KE currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
