KE Holdings Inc. (NYSE:BEKE) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP raised its holdings in KE Holdings Inc. (NYSE:BEKE) by 32.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 21,774 shares of the company’s stock after acquiring an additional 5,317 shares during the period. Quantinno Capital Management LP’s holdings in KE were worth $434,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. RWC Asset Advisors US LLC purchased a new position in KE during the second quarter worth about $70,807,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in KE by 203.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,478,102 shares of the company’s stock valued at $128,979,000 after purchasing an additional 4,340,517 shares during the period. ANTIPODES PARTNERS Ltd grew its holdings in KE by 180.3% in the second quarter. ANTIPODES PARTNERS Ltd now owns 4,188,521 shares of the company’s stock valued at $59,268,000 after purchasing an additional 2,694,260 shares during the period. Assenagon Asset Management S.A. raised its stake in KE by 1,155.7% during the third quarter. Assenagon Asset Management S.A. now owns 2,353,268 shares of the company’s stock worth $46,854,000 after purchasing an additional 2,165,863 shares during the period. Finally, Turiya Advisors Asia Ltd boosted its holdings in shares of KE by 56.2% in the 2nd quarter. Turiya Advisors Asia Ltd now owns 5,070,206 shares of the company’s stock valued at $71,743,000 after purchasing an additional 1,824,206 shares during the last quarter. Hedge funds and other institutional investors own 39.34% of the company’s stock.

Analyst Upgrades and Downgrades

BEKE has been the subject of a number of research analyst reports. Bank of America upgraded KE from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $24.00 to $28.00 in a report on Wednesday, October 30th. Citigroup initiated coverage on KE in a report on Tuesday, September 10th. They issued a “buy” rating and a $23.80 price objective on the stock. Finally, Barclays boosted their target price on KE from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Monday, November 25th.

KE Trading Down 3.3 %

Shares of NYSE BEKE opened at $19.42 on Friday. The stock has a fifty day moving average price of $20.70 and a 200 day moving average price of $17.30. The company has a market cap of $23.47 billion, a P/E ratio of 39.63, a P/E/G ratio of 4.76 and a beta of -0.77. KE Holdings Inc. has a 12-month low of $12.44 and a 12-month high of $26.05.

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.