KE Holdings Inc. (NYSE:BEKE) Shares Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC increased its stake in KE Holdings Inc. (NYSE:BEKE - Free Report) by 49.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 219,612 shares of the company's stock after buying an additional 72,958 shares during the period. Los Angeles Capital Management LLC's holdings in KE were worth $3,560,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BEKE. Headlands Technologies LLC purchased a new stake in shares of KE during the 4th quarter worth $76,000. Signaturefd LLC boosted its holdings in shares of KE by 11.2% in the 3rd quarter. Signaturefd LLC now owns 9,747 shares of the company's stock valued at $151,000 after buying an additional 985 shares in the last quarter. Blue Trust Inc. grew its position in shares of KE by 358.2% in the 4th quarter. Blue Trust Inc. now owns 9,897 shares of the company's stock worth $154,000 after buying an additional 7,737 shares during the last quarter. Jump Financial LLC bought a new position in shares of KE during the 3rd quarter worth approximately $164,000. Finally, ANTIPODES PARTNERS Ltd lifted its position in KE by 26.5% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 12,326 shares of the company's stock valued at $199,000 after acquiring an additional 2,585 shares during the last quarter. Institutional investors own 39.34% of the company's stock.

KE Stock Down 2.7 %

Shares of KE stock traded down $0.47 during mid-day trading on Monday, reaching $17.00. 7,399,960 shares of the stock traded hands, compared to its average volume of 8,438,330. The business has a 50-day moving average of $13.91 and a 200 day moving average of $14.55. The stock has a market capitalization of $20.96 billion, a PE ratio of 24.59, a PEG ratio of 0.47 and a beta of -0.77. KE Holdings Inc. has a fifty-two week low of $12.44 and a fifty-two week high of $19.95.

KE (NYSE:BEKE - Get Free Report) last announced its earnings results on Thursday, March 14th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.03. The company had revenue of $2.85 billion for the quarter, compared to analysts' expectations of $2.66 billion. KE had a net margin of 7.62% and a return on equity of 9.19%. On average, equities research analysts expect that KE Holdings Inc. will post 0.77 EPS for the current fiscal year.

KE Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, April 24th. Shareholders of record on Friday, April 5th were paid a $0.351 dividend. This represents a dividend yield of 2.2%. The ex-dividend date was Thursday, April 4th. KE's dividend payout ratio (DPR) is presently 44.93%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. HSBC lowered their price target on KE from $23.90 to $21.80 and set a "buy" rating for the company in a report on Friday, March 15th. Citigroup reiterated a "buy" rating and set a $21.10 price objective on shares of KE in a research note on Tuesday, March 19th.

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.