KE Holdings Inc. (NYSE:BEKE) Stock Holdings Lowered by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lowered its position in shares of KE Holdings Inc. (NYSE:BEKE) by 6.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 54,114 shares of the company’s stock after selling 3,451 shares during the period. Daiwa Securities Group Inc.’s holdings in KE were worth $877,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of BEKE. Ronald Blue Trust Inc. grew its position in shares of KE by 64.6% during the third quarter. Ronald Blue Trust Inc. now owns 2,160 shares of the company’s stock worth $32,000 after acquiring an additional 848 shares during the last quarter. Signaturefd LLC grew its position in shares of KE by 11.2% during the third quarter. Signaturefd LLC now owns 9,747 shares of the company’s stock worth $151,000 after acquiring an additional 985 shares during the last quarter. Blue Trust Inc. grew its position in shares of KE by 358.2% during the fourth quarter. Blue Trust Inc. now owns 9,897 shares of the company’s stock worth $154,000 after acquiring an additional 7,737 shares during the last quarter. Jump Financial LLC bought a new position in shares of KE during the third quarter worth about $164,000. Finally, ANTIPODES PARTNERS Ltd grew its position in shares of KE by 26.5% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 12,326 shares of the company’s stock worth $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 Up 0.8 %

Shares of BEKE opened at $13.73 on Thursday. The firm has a 50-day moving average price of $13.71 and a 200 day moving average price of $14.58. The firm has a market capitalization of $16.92 billion, a PE ratio of 19.89, a P/E/G ratio of 0.35 and a beta of -0.73. KE Holdings Inc. has a 52-week low of $12.44 and a 52-week high of $19.95.

KE (NYSE:BEKE) last issued its quarterly earnings results on Thursday, March 14th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. KE had a net margin of 7.62% and a return on equity of 9.19%. The company had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.66 billion. On average, equities analysts expect that KE Holdings Inc. will post 0.77 EPS for the current year.

KE Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, April 24th. Shareholders of record on Friday, April 5th were issued a $0.351 dividend. This represents a yield of 2.2%. The ex-dividend date was Thursday, April 4th. KE’s payout ratio is 44.93%.

Wall Street Analysts Forecast Growth

BEKE has been the subject of a number of recent analyst reports. HSBC decreased their target price on shares of KE from $23.90 to $21.80 and set a “buy” rating for the company in a research report on Friday, March 15th. Citigroup reiterated a “buy” rating and issued a $21.10 target price on shares of KE in a research report on Tuesday, March 19th.

About KE

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.