American Century Companies Inc. Has $18.98 Million Stock Holdings in KE Holdings Inc. (NYSE:BEKE)

American Century Companies Inc. decreased its holdings in shares of KE Holdings Inc. (NYSE:BEKE) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,030,585 shares of the company’s stock after selling 2,337 shares during the quarter. American Century Companies Inc. owned approximately 0.09% of KE worth $18,983,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BEKE. Point72 Asia Singapore Pte. Ltd. acquired a new position in KE during the third quarter worth $30,000. SBI Securities Co. Ltd. acquired a new position in shares of KE during the 4th quarter valued at about $30,000. Principal Securities Inc. lifted its holdings in KE by 411.9% in 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 during the last quarter. Rakuten Securities Inc. boosted its position in KE by 42.3% during the fourth quarter. Rakuten Securities Inc. now owns 4,762 shares of the company’s stock worth $88,000 after purchasing an additional 1,416 shares during the period. Finally, US Bancorp DE grew its holdings in KE by 42.3% during the fourth quarter. US Bancorp DE now owns 8,826 shares of the company’s stock valued at $163,000 after purchasing an additional 2,623 shares during the last quarter. Institutional investors own 39.34% of the company’s stock.

KE Stock Performance

Shares of BEKE opened at $20.59 on Monday. KE Holdings Inc. has a 52 week low of $12.49 and a 52 week high of $26.05. The firm has a market capitalization of $24.88 billion, a P/E ratio of 42.03, a P/E/G ratio of 3.45 and a beta of -0.82. The company has a 50-day simple moving average of $20.39 and a 200-day simple moving average of $19.75.

KE Increases Dividend

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

Wall Street Analyst Weigh In

BEKE has been the subject of a number of analyst reports. 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. Jefferies Financial Group restated a “buy” rating on shares of KE in a report on Tuesday, March 18th. Finally, UBS Group lowered KE from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $22.70 to $24.50 in a research note on Thursday, March 20th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $27.26.

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.