Oppenheimer Asset Management Inc. Has $5.41 Million Holdings in KE Holdings Inc. (NYSE:BEKE)

Oppenheimer Asset Management Inc. lifted its holdings in KE Holdings Inc. (NYSE:BEKE) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 293,658 shares of the company’s stock after acquiring an additional 15,501 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in KE were worth $5,409,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Central Asset Investments & Management Holdings HK Ltd acquired a new position in shares of KE in the 3rd quarter worth approximately $1,124,000. XTX Topco Ltd lifted its holdings in KE by 324.8% during the 3rd quarter. XTX Topco Ltd now owns 117,780 shares of the company’s stock worth $2,345,000 after buying an additional 90,054 shares in the last quarter. TT International Asset Management LTD acquired a new position in KE during the 4th quarter worth $717,000. Headwater Capital Co Ltd acquired a new position in KE during the 4th quarter worth $11,052,000. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in KE by 5.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,583,585 shares of the company’s stock worth $31,529,000 after buying an additional 76,517 shares in the last quarter. 39.34% of the stock is owned by institutional investors and hedge funds.

KE Stock Performance

NYSE:BEKE opened at $22.27 on Friday. The stock’s fifty day moving average price is $18.43 and its two-hundred day moving average price is $18.60. The company has a market cap of $26.91 billion, a price-to-earnings ratio of 45.45, a P/E/G ratio of 3.45 and a beta of -0.76. KE Holdings Inc. has a 52-week low of $12.44 and a 52-week high of $26.05.

Analysts Set New Price Targets

Separately, Barclays upped their price objective on KE from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Monday, November 25th.

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.