KE Holdings Inc. (NYSE:BEKE) Shares Sold by National Pension Service

National Pension Service decreased its stake in KE Holdings Inc. (NYSE:BEKE) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 176,624 shares of the company’s stock after selling 21,051 shares during the quarter. National Pension Service’s holdings in KE were worth $3,253,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of KE in the third quarter valued at about $30,000. Principal Securities Inc. grew its position in shares of KE by 411.9% in the fourth quarter. Principal Securities Inc. now owns 2,068 shares of the company’s stock valued at $38,000 after purchasing an additional 1,664 shares during the period. Rakuten Securities Inc. grew its position in shares of KE by 334,500.0% in the third quarter. Rakuten Securities Inc. now owns 3,346 shares of the company’s stock valued at $67,000 after purchasing an additional 3,345 shares during the period. Venturi Wealth Management LLC grew its position in shares of KE by 5,089.9% in the third quarter. Venturi Wealth Management LLC now owns 4,100 shares of the company’s stock valued at $82,000 after purchasing an additional 4,021 shares during the period. Finally, US Bancorp DE lifted its stake in shares of KE by 41.6% in the third quarter. US Bancorp DE now owns 6,203 shares of the company’s stock worth $124,000 after buying an additional 1,823 shares in the last quarter. Institutional investors and hedge funds own 39.34% of the company’s stock.

KE Trading Down 2.8 %

NYSE:BEKE opened at $22.27 on Friday. The company’s 50-day moving average price is $18.43 and its 200-day moving average price is $18.63. The company has a market cap of $26.91 billion, a P/E ratio of 45.45, a P/E/G ratio of 3.45 and a beta of -0.76. KE Holdings Inc. has a twelve month low of $12.44 and a twelve month high of $26.05.

Analyst Ratings Changes

Separately, Barclays raised their price target on shares of KE from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Monday, November 25th.

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.