SG Americas Securities LLC Has $7.64 Million Holdings in KE Holdings Inc. Sponsored ADR $BEKE

Key Points

• SG Americas Securities LLC increased its stake in KE Holdings by 120.4% in Q4, adding 264,777 shares to hold 484,603 shares worth about $7.64 million.
• Analyst coverage is mixed—Goldman Sachs downgraded KE to "neutral" while Barclays set a $23 target, and the MarketBeat consensus remains a "Moderate Buy" with a $21.63 target price.
• KE announced an annual dividend of $0.276 per share payable April 24 (ex-dividend April 8), with a reported payout ratio of 86.11% and an indicated yield of 167.0%.

SG Americas Securities LLC boosted its holdings in shares of KE Holdings Inc. Sponsored ADR (NYSE:BEKE - Free Report) by 120.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 484,603 shares of the company's stock after acquiring an additional 264,777 shares during the period. SG Americas Securities LLC's holdings in KE were worth $7,637,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Strs Ohio bought a new stake in KE during the 1st quarter worth approximately $44,000. EverSource Wealth Advisors LLC boosted its holdings in shares of KE by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 3,812 shares of the company's stock valued at $68,000 after buying an additional 2,257 shares during the period. Franchise Capital Ltd bought a new stake in shares of KE during the third quarter worth $76,000. Parallel Advisors LLC increased its position in shares of KE by 79.7% during the third quarter. Parallel Advisors LLC now owns 5,180 shares of the company's stock worth $98,000 after acquiring an additional 2,298 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of KE during the second quarter worth $116,000. 39.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BEKE has been the subject of a number of research reports. Barclays set a $23.00 target price on KE in a report on Thursday, February 19th. The Goldman Sachs Group downgraded KE from a "buy" rating to a "neutral" rating and set a $19.00 price objective for the company. in a report on Monday, February 2nd. Wall Street Zen cut KE from a "hold" rating to a "sell" rating in a research note on Sunday, March 22nd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of KE in a research report on Friday. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $21.63.

KE Stock Down 2.1%

BEKE stock opened at $15.00 on Tuesday. The company has a market cap of $16.96 billion, a price-to-earnings ratio of 41.67, a P/E/G ratio of 2.56 and a beta of -0.62. KE Holdings Inc. Sponsored ADR has a twelve month low of $14.97 and a twelve month high of $22.25. The business has a 50 day moving average price of $17.22 and a two-hundred day moving average price of $17.40. The company has a quick ratio of 3.02, a current ratio of 2.95 and a debt-to-equity ratio of 0.01.

KE (NYSE:BEKE - Get Free Report) last released its earnings results on Sunday, February 15th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $3.17 billion during the quarter. KE had a net margin of 3.15% and a return on equity of 4.70%. Analysts anticipate that KE Holdings Inc. Sponsored ADR will post 0.67 EPS for the current fiscal year.

KE Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, April 24th. Stockholders of record on Wednesday, April 8th will be paid a dividend of $0.276 per share. The ex-dividend date is Wednesday, April 8th. This represents a dividend yield of 167.0%. KE's payout ratio is currently 86.11%.

KE 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.

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