KE stock is trading -24.6% below its average target price of $25.2 after dropping -5.4% during today's morning session. Analysts are giving the Large-Cap Real Estate Development company an average rating of buy and target prices ranging from $17.71041 to $32.83405 per share.
The stock has an average amount of shares sold short at 4.9%, and a short ratio of 1.71. The company's insiders own 1.47% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that only a small number of institutional investors are invested in the stock, with 44.5% of KE's shares being owned by this investor type.
Institutions Invested in KE
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Price (T.Rowe) Associates Inc | 4% | 44,274,671 | $841,081,522 |
| 2024-09-30 | Blackrock Inc. | 3% | 38,677,996 | $734,762,043 |
| 2024-09-30 | Vanguard Group Inc | 2% | 24,483,404 | $465,108,791 |
| 2024-09-30 | FIL LTD | 2% | 21,343,576 | $405,461,790 |
| 2024-09-30 | JP Morgan Chase & Company | 1% | 16,390,793 | $311,374,264 |
| 2024-09-30 | Krane Funds Advisors LLC | 1% | 15,070,032 | $286,283,899 |
| 2024-09-30 | Morgan Stanley | 1% | 13,708,285 | $260,414,926 |
| 2024-09-30 | Capital World Investors | 1% | 13,204,142 | $250,837,772 |
| 2024-09-30 | Wellington Management Group, LLP | 1% | 13,083,616 | $248,548,152 |
| 2024-09-30 | Alkeon Capital Management LLC | 1% | 11,025,999 | $209,459,806 |
Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on KE.
