According to the most recent statement that Maven Securities Ltd submitted to the Securities and Exchange Commission (SEC), the company increased its holdings in K.E. Holdings INC (NYSE: BEKE) during the third quarter.
Maven Securities Ltd provided this information.
The fund’s total expenditures reached $224,000, used to purchase 12,800 shares of the company’s stock.
In several different analyst publications, BEKE has been discussed at various points. On February 24th, the first research report that Daiwa Capital Markets would publish once it began covering K.E. was distributed to investors.
They suggested to the investors that the best course of action would be to “buy” the shares. January 30th saw the publication of a report by JPMorgan Chase & Co that marked the beginning of the firm’s coverage of K.E. shares.
They gave the business an “overweight” rating, which indicates that they see a bright future for it.
The Street raised its recommendation on shares of K.E. from a “d” rating to a “c-” rating in a research report published on Tuesday, February 7th.
The report was about the company’s stock.
According to the information that Bloomberg provided, eight people specializing in equity research have suggested that investors buy the stock.
This is the recommendation that was given to investors.
The analysts working for the research company have unanimously given the company a “buy” rating, and the price target they have set for the stock is an average of $21.93.
Additionally, recent events have resulted in modifications to the stock holdings of certain institutional investors.
BNP Paribas Arbitrage SNC acquired a new stake in the company K.E.
During the third quarter, bringing the total value of its holdings in K.E.
To approximately $18,167,000.
During the third quarter, Nomura Holdings INC increased the amount of K.E. stock owned by 30.4%, bringing the total amount to 100%. Nomura Holdings INC now has 57,508 shares after purchasing an additional 13,400 in the most recent quarter.
Each company share is currently valued at $1.07 due to recent market activity.
During the third quarter, Neuberger Berman Group LLC was able to amass an additional 10.4% of the total number of shares outstanding in the company. Neuberger Berman Group LLC now directly owns 63,731 shares, valued at $1,088,000, after purchasing an additional 6,000 shares during the most recent fiscal quarter.
These shares were purchased for a total price of $1.088,000.
During the third quarter, AllianceBernstein L.P.
Established a new stake in K.E., estimated to be worth approximately $1,527,000 at the time of the investment.
In the third quarter of this year, State Street Corporation grew its holdings in K.E.
By 63.9%, which was an increase that was not to be outdone by its competitors. State Street Corp. now has a total ownership stake in the company that is valued at $198,811,000 and consists of 11,347,643 shares.
This ownership stake was achieved by purchasing an additional 4,422,428 shares during the most recent period.
Most of the company’s stock is owned by large financial institutions, which account for 40 percent of the total.
When trading started on Tuesday, a share of K.E. stock was $17.45.
The company has had a simple moving average of $16.21 over the past 200 days, and the company’s simple moving average for the last fifty days is $18.61.
The price of K.E. Holdings INC has reached a low of $7.31 over the past year, while the company has reached a high of $21.08.
The stock’s price-to-earnings ratio is -49.86, the price-to-growth ratio is 0.98, and the beta value is -1.13.
The company’s total value, as measured by its market capitalization, is $22.06 billion.
K.E. Holdings INC, through its subsidiary companies, manages an integrated platform in the People’s Republic of China for the conduct of housing transactions and the provision of housing-related services.
This platform is available offline in addition to being accessible online.
The company is organized into three distinct business segments: new house transaction services, emerging and other services, and existing home transaction services.