Savant Capital LLC Purchases 2,789 Shares of KE Holdings Inc. (NYSE:BEKE)

Savant Capital LLC increased its holdings in KE Holdings Inc. (NYSE:BEKE) by 26.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,153 shares of the company’s stock after purchasing an additional 2,789 shares during the period. Savant Capital LLC’s holdings in KE were worth $242,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd. bought a new stake in KE during the 3rd quarter valued at $30,000. Rakuten Securities Inc. raised its stake in KE by 334,500.0% in the third quarter. Rakuten Securities Inc. now owns 3,346 shares of the company’s stock worth $67,000 after buying an additional 3,345 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in KE by 5,089.9% during the third quarter. Venturi Wealth Management LLC now owns 4,100 shares of the company’s stock worth $82,000 after buying an additional 4,021 shares during the period. US Bancorp DE raised its holdings in 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 purchasing an additional 1,823 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in KE in the third quarter worth $219,000. 39.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on BEKE shares. Barclays boosted their price target on KE from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Monday, November 25th. Bank of America upgraded KE from a “neutral” rating to a “buy” rating and upped their target price for the stock from $24.00 to $28.00 in a research note on Wednesday, October 30th.

KE Price Performance

Shares of BEKE opened at $19.60 on Wednesday. The firm has a 50-day simple moving average of $18.07 and a two-hundred day simple moving average of $18.24. The stock has a market cap of $23.68 billion, a PE ratio of 39.99, a P/E/G ratio of 2.95 and a beta of -0.76. KE Holdings Inc. has a 1-year low of $12.44 and a 1-year high of $26.05.

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.