Crossmark Global Holdings Inc. Has $541,000 Stock Position in KE Holdings Inc. (NYSE:BEKE)

Crossmark Global Holdings Inc. grew its holdings in shares of KE Holdings Inc. (NYSE:BEKE) by 6.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,201 shares of the company’s stock after buying an additional 1,692 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in KE were worth $541,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BEKE. Blue Trust Inc. grew its holdings in shares of KE by 2,662.2% during the second quarter. Blue Trust Inc. now owns 3,287 shares of the company’s stock valued at $45,000 after buying an additional 3,168 shares during the last quarter. Signaturefd LLC grew its holdings in shares of KE by 12.5% during the second quarter. Signaturefd LLC now owns 7,781 shares of the company’s stock valued at $110,000 after buying an additional 866 shares during the last quarter. US Bancorp DE grew its holdings in shares of KE by 41.6% during the third quarter. US Bancorp DE now owns 6,203 shares of the company’s stock valued at $124,000 after buying an additional 1,823 shares during the last quarter. Vanguard Personalized Indexing Management LLC bought a new position in shares of KE during the second quarter valued at about $146,000. Finally, QRG Capital Management Inc. lifted its position in shares of KE by 11.3% during the first quarter. QRG Capital Management Inc. now owns 13,357 shares of the company’s stock valued at $183,000 after purchasing an additional 1,360 shares in the last quarter. 39.34% of the stock is currently owned by institutional investors and hedge funds.

KE Price Performance

BEKE stock opened at $19.52 on Friday. KE Holdings Inc. has a one year low of $12.44 and a one year high of $26.05. The stock has a market cap of $23.86 billion, a PE ratio of 40.67, a P/E/G ratio of 4.39 and a beta of -0.73. The firm has a 50 day simple moving average of $19.84 and a two-hundred day simple moving average of $17.01.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BEKE shares. Citigroup started coverage on shares of KE in a research report on Tuesday, September 10th. They set a “buy” rating and a $23.80 price target on the stock. Bank of America raised shares of KE from a “neutral” rating to a “buy” rating and raised their price target for the company from $24.00 to $28.00 in a research report on Wednesday, October 30th.

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.