3,104 Shares in eXp World Holdings, Inc. (NASDAQ:EXPI) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in eXp World Holdings, Inc. (NASDAQ:EXPI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,104 shares of the technology company’s stock, valued at approximately $48,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Arizona State Retirement System increased its position in shares of eXp World by 4.5% during the third quarter. Arizona State Retirement System now owns 21,845 shares of the technology company’s stock worth $355,000 after acquiring an additional 945 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of eXp World by 2.1% in the fourth quarter. SG Americas Securities LLC now owns 51,496 shares of the technology company’s stock worth $799,000 after purchasing an additional 1,082 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of eXp World by 28.9% in the third quarter. Exchange Traded Concepts LLC now owns 5,154 shares of the technology company’s stock valued at $84,000 after purchasing an additional 1,156 shares in the last quarter. Blue Trust Inc. boosted its position in shares of eXp World by 201.3% during the fourth quarter. Blue Trust Inc. now owns 2,926 shares of the technology company’s stock valued at $48,000 after buying an additional 1,955 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in eXp World by 11.3% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 23,700 shares of the technology company’s stock worth $385,000 after buying an additional 2,400 shares in the last quarter. 27.17% of the stock is owned by institutional investors and hedge funds.

eXp World Price Performance

NASDAQ EXPI opened at $10.15 on Thursday. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of -169.17 and a beta of 2.29. The business’s fifty day moving average is $10.71 and its 200-day moving average is $12.53. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $25.39.

eXp World (NASDAQ:EXPI) last released its earnings results on Thursday, February 22nd. The technology company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). eXp World had a negative net margin of 0.21% and a positive return on equity of 0.09%. The company had revenue of $983.05 million during the quarter, compared to analysts’ expectations of $944.40 million. Research analysts expect that eXp World Holdings, Inc. will post 0.22 EPS for the current fiscal year.

eXp World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 8th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date was Thursday, March 7th. eXp World’s dividend payout ratio is currently -333.33%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EXPI shares. TheStreet downgraded shares of eXp World from a “c-” rating to a “d” rating in a report on Monday, March 4th. DA Davidson reduced their price objective on shares of eXp World from $13.00 to $11.75 and set an “underperform” rating for the company in a research report on Thursday, April 25th.

eXp World Company Profile

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.