KE Holdings Inc. (NYSE:BEKE) Shares Acquired by Signaturefd LLC

Signaturefd LLC lifted its stake in shares of KE Holdings Inc. (NYSE:BEKE) by 12.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,781 shares of the company’s stock after acquiring an additional 866 shares during the quarter. Signaturefd LLC’s holdings in KE were worth $110,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Price T Rowe Associates Inc. MD grew its position in shares of KE by 14.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 38,363,638 shares of the company’s stock worth $526,734,000 after buying an additional 4,736,152 shares in the last quarter. Wellington Management Group LLP lifted its stake in KE by 12.0% in the fourth quarter. Wellington Management Group LLP now owns 18,807,246 shares of the company’s stock valued at $304,865,000 after buying an additional 2,008,418 shares during the last quarter. Capital World Investors boosted its stake in shares of KE by 5.8% during the first quarter. Capital World Investors now owns 14,666,625 shares of the company’s stock worth $201,373,000 after buying an additional 804,773 shares during the period. M&G Plc purchased a new position in shares of KE in the 1st quarter valued at approximately $135,880,000. Finally, M&G Investment Management Ltd. lifted its stake in shares of KE by 15.5% in the 4th quarter. M&G Investment Management Ltd. now owns 7,926,434 shares of the company’s stock worth $126,823,000 after acquiring an additional 1,065,949 shares during the period. 39.34% of the stock is currently owned by institutional investors and hedge funds.

KE Price Performance

NYSE:BEKE opened at $14.68 on Wednesday. The firm has a market capitalization of $18.10 billion, a PE ratio of 35.79, a price-to-earnings-growth ratio of 3.29 and a beta of -0.75. KE Holdings Inc. has a 12 month low of $12.44 and a 12 month high of $20.48. The business’s 50-day moving average is $14.52 and its two-hundred day moving average is $14.88.

KE (NYSE:BEKE) last posted its quarterly earnings data on Monday, August 12th. The company reported $2.28 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $2.06. KE had a net margin of 5.32% and a return on equity of 6.74%. The firm had revenue of $23.37 billion for the quarter, compared to the consensus estimate of $21.51 billion. During the same period in the prior year, the firm posted $0.17 EPS. The firm’s revenue was up 19.9% compared to the same quarter last year. Equities analysts anticipate that KE Holdings Inc. will post 0.68 EPS for the current year.

Analysts Set New Price Targets

Separately, Barclays boosted their price objective on shares of KE from $28.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, May 29th.

KE Company 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.