E. Ohman J or Asset Management AB Has $823,000 Position in KE Holdings Inc. (NYSE:BEKE)

E. Ohman J or Asset Management AB lowered its position in shares of KE Holdings Inc. (NYSE:BEKE) by 22.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,700 shares of the company’s stock after selling 13,000 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in KE were worth $823,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in KE during the third quarter valued at approximately $30,000. Rakuten Securities Inc. grew its holdings in KE by 334,500.0% during the third quarter. Rakuten Securities Inc. now owns 3,346 shares of the company’s stock valued at $67,000 after purchasing an additional 3,345 shares during the period. Venturi Wealth Management LLC grew its holdings in KE by 5,089.9% during the third quarter. Venturi Wealth Management LLC now owns 4,100 shares of the company’s stock valued at $82,000 after purchasing an additional 4,021 shares during the period. US Bancorp DE grew its holdings in 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 purchasing an additional 1,823 shares during the period. Finally, Quantbot Technologies LP acquired a new position in KE during the third quarter valued at approximately $219,000. Institutional investors and hedge funds own 39.34% of the company’s stock.

KE Stock Down 0.8 %

Shares of BEKE stock opened at $17.24 on Thursday. The company’s fifty day simple moving average is $18.04 and its 200-day simple moving average is $17.85. The firm has a market cap of $20.83 billion, a PE ratio of 35.17, a P/E/G ratio of 2.88 and a beta of -0.76. KE Holdings Inc. has a 12 month low of $12.44 and a 12 month high of $26.05.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Barclays lifted their price target on shares of KE from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Monday, November 25th. Bank of America raised shares of KE from a “neutral” rating to a “buy” rating and lifted their price target for the company from $24.00 to $28.00 in a research note 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.