MML Investors Services LLC acquired a new stake in KE Holdings Inc. (NYSE:BEKE – Get Rating) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 17,030 shares of the company’s stock, valued at approximately $298,000.
Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. boosted its position in KE by 20.2% during the 1st quarter. BlackRock Inc. now owns 19,606,566 shares of the company’s stock worth $242,534,000 after acquiring an additional 3,289,479 shares during the last quarter. Hhlr Advisors LTD. boosted its position in KE by 78.5% during the 2nd quarter. Hhlr Advisors LTD. now owns 9,250,689 shares of the company’s stock worth $166,050,000 after acquiring an additional 4,068,325 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of KE by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 8,940,268 shares of the company’s stock valued at $110,592,000 after buying an additional 110,175 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of KE by 227.2% in the 2nd quarter. Deutsche Bank AG now owns 8,909,658 shares of the company’s stock valued at $159,930,000 after buying an additional 6,186,394 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of KE by 16.3% in the 2nd quarter. FMR LLC now owns 8,250,202 shares of the company’s stock valued at $148,091,000 after buying an additional 1,157,777 shares during the last quarter. 40.00% of the stock is currently owned by institutional investors and hedge funds.
KE Price Performance
BEKE stock opened at $16.84 on Friday. The stock has a market capitalization of $21.29 billion, a price-to-earnings ratio of -48.11, a PEG ratio of 1.07 and a beta of -1.13. The business’s fifty day moving average price is $18.48 and its two-hundred day moving average price is $16.22. KE Holdings Inc. has a fifty-two week low of $7.31 and a fifty-two week high of $21.08.
Wall Street Analyst Weigh In
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. The company operates in three segments: Existing Home Transaction Services, New Home Transaction Services, and Emerging and Other Services.
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