KE Holdings Inc. (NYSE:BEKE) Shares Acquired by Hhlr Advisors LTD.

Hhlr Advisors LTD. raised its stake in KE Holdings Inc. (NYSE:BEKE) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,261,276 shares of the company’s stock after acquiring an additional 392,588 shares during the quarter. KE comprises 7.2% of Hhlr Advisors LTD.’s holdings, making the stock its 5th largest position. Hhlr Advisors LTD. owned 0.93% of KE worth $207,433,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BEKE. SBI Securities Co. Ltd. acquired a new position in shares of KE during the 4th quarter worth $30,000. Principal Securities Inc. increased its position in KE by 411.9% during the 4th quarter. Principal Securities Inc. now owns 2,068 shares of the company’s stock worth $38,000 after purchasing an additional 1,664 shares in the last quarter. Rakuten Securities Inc. boosted its position in KE by 42.3% in the fourth quarter. Rakuten Securities Inc. now owns 4,762 shares of the company’s stock valued at $88,000 after buying an additional 1,416 shares in the last quarter. US Bancorp DE grew its stake in shares of 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 buying an additional 2,623 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of KE by 8.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,379 shares of the company’s stock valued at $173,000 after acquiring an additional 762 shares during the last quarter. 39.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BEKE has been the topic of a number of recent research reports. Jefferies Financial Group reissued a “buy” rating on shares of KE in a research note on Tuesday, March 18th. UBS Group downgraded shares of KE from a “buy” rating to a “neutral” rating and raised their price target for the company from $22.70 to $24.50 in a research note on Thursday, March 20th. Finally, Morgan Stanley boosted their price objective on shares of KE from $19.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 19th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, KE presently has a consensus rating of “Moderate Buy” and an average price target of $27.26.

KE Stock Down 1.2 %

BEKE stock opened at $21.15 on Tuesday. The firm has a market cap of $25.56 billion, a price-to-earnings ratio of 43.16, a PEG ratio of 3.45 and a beta of -0.73. The company’s fifty day simple moving average is $20.99 and its 200 day simple moving average is $19.83. KE Holdings Inc. has a 12-month low of $12.92 and a 12-month high of $26.05.

KE Increases Dividend

The company also recently announced a — dividend, which was paid on Friday, April 25th. Investors of record on Wednesday, April 9th were issued a $0.36 dividend. This is a boost from KE’s previous — dividend of $0.17. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, April 9th. KE’s dividend payout ratio (DPR) is currently 64.58%.

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.