Dymon Asia Capital Singapore PTE. LTD. Increases Holdings in KE Holdings Inc. (NYSE:BEKE)

Dymon Asia Capital Singapore PTE. LTD. lifted its position in shares of KE Holdings Inc. (NYSE:BEKE) by 8.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 299,995 shares of the company’s stock after acquiring an additional 24,200 shares during the quarter. KE makes up about 1.3% of Dymon Asia Capital Singapore PTE. LTD.’s investment portfolio, making the stock its 5th largest position. Dymon Asia Capital Singapore PTE. LTD.’s holdings in KE were worth $5,526,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in KE during the 4th quarter worth approximately $30,000. Principal Securities Inc. increased its position in shares of KE by 411.9% in the 4th quarter. Principal Securities Inc. now owns 2,068 shares of the company’s stock valued at $38,000 after buying an additional 1,664 shares in the last quarter. Rakuten Securities Inc. raised its stake in KE by 42.3% during the 4th quarter. Rakuten Securities Inc. now owns 4,762 shares of the company’s stock worth $88,000 after buying an additional 1,416 shares during the period. US Bancorp DE lifted its holdings in KE by 42.3% during the fourth quarter. US Bancorp DE now owns 8,826 shares of the company’s stock worth $163,000 after acquiring an additional 2,623 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of KE by 8.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,379 shares of the company’s stock worth $173,000 after purchasing an additional 762 shares during the period. Institutional investors and hedge funds own 39.34% of the company’s stock.

KE Stock Down 1.4 %

Shares of NYSE:BEKE opened at $18.09 on Friday. KE Holdings Inc. has a 12-month low of $12.49 and a 12-month high of $26.05. The company’s 50 day moving average price is $20.80 and its two-hundred day moving average price is $20.03. The firm has a market cap of $21.86 billion, a PE ratio of 36.92, a PEG ratio of 3.45 and a beta of -0.73.

KE Increases Dividend

The business also recently disclosed a — dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be issued a $0.36 dividend. The ex-dividend date is Wednesday, April 9th. This is a boost from KE’s previous — dividend of $0.17. This represents a yield of 1.4%. KE’s payout ratio is currently 64.58%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on BEKE shares. UBS Group lowered shares of KE from a “buy” rating to a “neutral” rating and upped their target price for the stock from $22.70 to $24.50 in a research note on Thursday, March 20th. Morgan Stanley raised their target price on shares of KE from $19.00 to $27.00 and gave the company an “overweight” rating in a research note on Wednesday, March 19th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of KE in a report on Tuesday, March 18th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $27.26.

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.