Robeco Institutional Asset Management B.V. Purchases 19,057 Shares of KE Holdings Inc. Sponsored ADR (NYSE:BEKE)

Robeco Institutional Asset Management B.V. boosted its holdings in KE Holdings Inc. Sponsored ADR (NYSE:BEKE - Free Report) by 1.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,293,940 shares of the company's stock after purchasing an additional 19,057 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.11% of KE worth $25,995,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wealthquest Corp purchased a new position in shares of KE in the 1st quarter worth about $79,000. Asset Management One Co. Ltd. increased its holdings in KE by 14.6% during the first quarter. Asset Management One Co. Ltd. now owns 123,886 shares of the company's stock worth $2,489,000 after buying an additional 15,802 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in KE by 1.1% in the first quarter. Oppenheimer Asset Management Inc. now owns 296,970 shares of the company's stock worth $5,966,000 after acquiring an additional 3,312 shares during the period. TT International Asset Management LTD raised its position in KE by 5,855.6% in the first quarter. TT International Asset Management LTD now owns 2,318,858 shares of the company's stock worth $46,586,000 after acquiring an additional 2,279,922 shares during the period. Finally, UG Investment Advisers Ltd. boosted its stake in KE by 18.1% in the first quarter. UG Investment Advisers Ltd. now owns 1,288,991 shares of the company's stock valued at $25,896,000 after acquiring an additional 197,757 shares during the last quarter. Institutional investors own 39.34% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on BEKE shares. Citigroup decreased their price target on shares of KE from $25.80 to $24.80 and set a "buy" rating for the company in a research note on Friday, May 16th. Morgan Stanley increased their price objective on KE from $19.00 to $27.00 and gave the company an "overweight" rating in a report on Wednesday, March 19th. Wall Street Zen downgraded KE from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. Jefferies Financial Group reaffirmed a "buy" rating on shares of KE in a research report on Tuesday, March 18th. Finally, UBS Group upgraded KE from a "neutral" rating to a "buy" rating and increased their price target for the stock from $22.10 to $23.00 in a research note on Friday, May 16th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.16.

KE Stock Up 0.5%

BEKE traded up $0.10 on Friday, hitting $18.54. The company's stock had a trading volume of 3,209,849 shares, compared to its average volume of 9,620,724. KE Holdings Inc. Sponsored ADR has a 12 month low of $12.92 and a 12 month high of $26.05. The firm has a market cap of $22.40 billion, a P/E ratio of 34.97, a price-to-earnings-growth ratio of 1.26 and a beta of -0.76. The company's 50 day simple moving average is $19.26 and its 200-day simple moving average is $19.38.

KE Company Profile

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.