Robeco Institutional Asset Management B.V. Sells 1,463,521 Shares of KE Holdings Inc. (NYSE:BEKE)

Robeco Institutional Asset Management B.V. lessened its position in shares of KE Holdings Inc. (NYSE:BEKE - Free Report) by 72.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 561,313 shares of the company's stock after selling 1,463,521 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in KE were worth $9,099,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of BEKE. Signaturefd LLC raised its position in 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 purchasing an additional 985 shares during the last quarter. ANTIPODES PARTNERS Ltd raised its position in KE by 26.5% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 12,326 shares of the company's stock valued at $199,000 after purchasing an additional 2,585 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its position in KE by 19.0% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 16,410 shares of the company's stock valued at $255,000 after purchasing an additional 2,618 shares during the last quarter. Quadrant Capital Group LLC raised its position in KE by 33.3% in the 4th quarter. Quadrant Capital Group LLC now owns 10,778 shares of the company's stock valued at $175,000 after purchasing an additional 2,693 shares during the last quarter. Finally, Profund Advisors LLC raised its position in shares of KE by 3.9% during the third quarter. Profund Advisors LLC now owns 88,378 shares of the company's stock worth $1,372,000 after acquiring an additional 3,310 shares during the last quarter. Institutional investors and hedge funds own 39.34% of the company's stock.

KE Stock Down 2.2 %

NYSE BEKE traded down $0.42 on Monday, reaching $19.05. The company had a trading volume of 9,472,418 shares, compared to its average volume of 8,597,517. The stock's 50 day moving average is $14.81 and its 200-day moving average is $14.73. The stock has a market cap of $23.48 billion, a price-to-earnings ratio of 27.49, a PEG ratio of 0.53 and a beta of -0.77. KE Holdings Inc. has a 52 week low of $12.44 and a 52 week high of $20.48.

KE (NYSE:BEKE - Get Free Report) last posted its earnings results on Thursday, March 14th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.03. KE had a return on equity of 9.19% and a net margin of 7.62%. The firm had revenue of $2.85 billion during the quarter, compared to analysts' expectations of $2.66 billion. As a group, analysts forecast that KE Holdings Inc. will post 0.77 EPS for the current year.

KE Announces Dividend

The firm 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. The ex-dividend date of this dividend was Thursday, April 4th. This represents a yield of 2.2%. KE's payout ratio is 44.93%.

Analyst Ratings Changes

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

KE 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.