KE Holdings Inc. (NYSE:BEKE) Stock Holdings Lifted by American Century Companies Inc.

American Century Companies Inc. lifted its holdings in shares of KE Holdings Inc. (NYSE:BEKE) by 1.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 925,257 shares of the company’s stock after purchasing an additional 14,921 shares during the quarter. American Century Companies Inc. owned approximately 0.08% of KE worth $13,092,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of BEKE. Blue Trust Inc. raised its position in shares of KE by 2,662.2% in the second quarter. Blue Trust Inc. now owns 3,287 shares of the company’s stock valued at $45,000 after purchasing an additional 3,168 shares during the period. Parallel Advisors LLC raised its holdings in KE by 90.4% in the 4th quarter. Parallel Advisors LLC now owns 3,304 shares of the company’s stock worth $54,000 after acquiring an additional 1,569 shares during the period. Signaturefd LLC lifted its position in KE by 12.5% during the 2nd quarter. Signaturefd LLC now owns 7,781 shares of the company’s stock worth $110,000 after acquiring an additional 866 shares during the last quarter. Barometer Capital Management Inc. bought a new stake in KE during the fourth quarter valued at about $123,000. Finally, QRG Capital Management Inc. boosted its holdings in 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 acquiring an additional 1,360 shares during the period. Institutional investors and hedge funds own 39.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Barclays boosted their price objective on KE from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 29th. Citigroup assumed coverage on KE in a report on Tuesday, September 10th. They set a “buy” rating and a $23.80 price target for the company.

KE Stock Performance

NYSE:BEKE opened at $14.37 on Friday. The firm’s 50-day moving average is $14.28 and its 200-day moving average is $14.90. The company has a market cap of $17.72 billion, a price-to-earnings ratio of 35.05, a PEG ratio of 3.13 and a beta of -0.74. KE Holdings Inc. has a 52-week low of $12.44 and a 52-week high of $20.48.

KE (NYSE:BEKE) last issued its quarterly earnings results on Monday, August 12th. The company reported $2.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $2.06. KE had a return on equity of 6.74% and a net margin of 5.32%. The firm had revenue of $23.37 billion for the quarter, compared to analyst estimates of $21.51 billion. During the same period in the previous year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. Equities analysts predict that KE Holdings Inc. will post 0.68 EPS for the current year.

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.