WINTON GROUP Ltd Buys 4,453 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI)

WINTON GROUP Ltd grew its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 88,554 shares of the technology company’s stock after purchasing an additional 4,453 shares during the quarter. WINTON GROUP Ltd owned about 0.06% of eXp World worth $1,019,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in eXp World by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 12,235,835 shares of the technology company’s stock worth $140,834,000 after buying an additional 208,920 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in eXp World during the 4th quarter worth about $60,767,000. State Street Corp raised its position in shares of eXp World by 4.1% in the 3rd quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock worth $42,019,000 after acquiring an additional 117,418 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of eXp World by 5.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock valued at $31,161,000 after purchasing an additional 118,210 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of eXp World by 9.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,411,663 shares of the technology company’s stock valued at $16,248,000 after purchasing an additional 123,314 shares during the period. Institutional investors and hedge funds own 27.17% of the company’s stock.

eXp World Stock Down 2.6 %

eXp World stock opened at $9.97 on Friday. The company has a market capitalization of $1.52 billion, a PE ratio of -71.21 and a beta of 2.33. eXp World Holdings, Inc. has a 12-month low of $9.20 and a 12-month high of $15.39. The firm’s fifty day moving average is $10.53 and its 200 day moving average is $12.16.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.03. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.03 billion. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. Sell-side analysts expect that eXp World Holdings, Inc. will post 0.48 EPS for the current fiscal year.

eXp World Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th were issued a $0.05 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $0.20 annualized dividend and a yield of 2.01%. eXp World’s payout ratio is currently -142.86%.

Insider Buying and Selling at eXp World

In related news, CEO Glenn Darrel Sanford sold 25,000 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $10.74, for a total value of $268,500.00. Following the transaction, the chief executive officer now directly owns 40,122,450 shares in the company, valued at $430,915,113. This trade represents a 0.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders sold 300,000 shares of company stock valued at $3,208,750. Company insiders own 27.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reaffirmed a “neutral” rating and set a $13.50 target price on shares of eXp World in a research note on Friday, February 21st.

About eXp World

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.