Catalyst Funds Management Pty Ltd Has $809,000 Stock Holdings in KE Holdings Inc. (NYSE:BEKE)

Catalyst Funds Management Pty Ltd lifted its holdings in shares of KE Holdings Inc. (NYSE:BEKE) by 1,729.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,900 shares of the company’s stock after purchasing an additional 41,500 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in KE were worth $809,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Central Asset Investments & Management Holdings HK Ltd acquired a new stake in shares of KE in the third quarter worth about $1,124,000. TT International Asset Management LTD bought a new stake in shares of KE during the 4th quarter worth about $717,000. XTX Topco Ltd boosted its stake in shares of 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 acquiring an additional 90,054 shares in the last quarter. Headwater Capital Co Ltd bought a new stake in shares of KE during the 4th quarter worth about $11,052,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of 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 acquiring an additional 76,517 shares in the last quarter. Institutional investors own 39.34% of the company’s stock.

KE Stock Performance

NYSE BEKE opened at $24.40 on Friday. KE Holdings Inc. has a twelve month low of $12.48 and a twelve month high of $26.05. The stock has a market capitalization of $29.49 billion, a PE ratio of 49.80, a P/E/G ratio of 3.45 and a beta of -0.82. The stock has a 50-day simple moving average of $19.41 and a 200 day simple moving average of $19.18.

Analyst Upgrades and Downgrades

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

KE 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.