C WorldWide Group Holding A S Has $417,000 Position in KE Holdings Inc. Sponsored ADR $BEKE

C WorldWide Group Holding A S lessened its stake in KE Holdings Inc. Sponsored ADR (NYSE:BEKE) by 97.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,928 shares of the company’s stock after selling 818,888 shares during the period. C WorldWide Group Holding A S’s holdings in KE were worth $417,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in KE during the 2nd quarter valued at about $12,150,000. Allspring Global Investments Holdings LLC grew its position in shares of KE by 9,185.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,357,319 shares of the company’s stock worth $26,196,000 after buying an additional 1,342,702 shares during the period. LMR Partners LLP raised its stake in shares of KE by 45.2% during the second quarter. LMR Partners LLP now owns 567,547 shares of the company’s stock worth $10,068,000 after buying an additional 176,643 shares during the last quarter. American Century Companies Inc. lifted its holdings in KE by 18.6% in the second quarter. American Century Companies Inc. now owns 1,140,263 shares of the company’s stock valued at $20,228,000 after buying an additional 178,735 shares during the period. Finally, Artisan Partners Limited Partnership lifted its holdings in KE by 78.7% in the second quarter. Artisan Partners Limited Partnership now owns 7,526,606 shares of the company’s stock valued at $133,522,000 after buying an additional 3,315,704 shares during the period. 39.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BEKE has been the subject of a number of analyst reports. Wall Street Zen lowered shares of KE from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. UBS Group lowered KE from a “buy” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research report on Friday, October 31st. The Goldman Sachs Group cut KE from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research note on Monday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of KE in a research note on Monday, December 22nd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $22.69.

KE Stock Up 0.5%

Shares of BEKE stock opened at $18.41 on Friday. KE Holdings Inc. Sponsored ADR has a 12-month low of $15.26 and a 12-month high of $25.17. The firm has a fifty day moving average of $17.13 and a 200-day moving average of $17.86. The firm has a market capitalization of $21.51 billion, a price-to-earnings ratio of 43.82, a price-to-earnings-growth ratio of 2.37 and a beta of -0.64.

About KE

KE Holdings Inc (NYSE: BEKE) is a technology-driven real estate services company that operates an integrated online and offline platform for housing transactions and related services in mainland China. The company provides consumer-facing property listing marketplaces alongside a broad network of offline brokerage offices and agents, aiming to facilitate sales, rentals and new-home transactions for individual and institutional clients.

The company’s offerings span property listings for new and resale homes, rental listings, brokerage representation and transaction facilitation.