eXp World Holdings, Inc. (NASDAQ:EXPI) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC increased its holdings in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,872 shares of the technology company’s stock after acquiring an additional 4,723 shares during the quarter. Yousif Capital Management LLC’s holdings in eXp World were worth $665,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Duality Advisers LP boosted its holdings in shares of eXp World by 16.4% during the 4th quarter. Duality Advisers LP now owns 45,664 shares of the technology company’s stock worth $709,000 after purchasing an additional 6,421 shares during the last quarter. Handelsbanken Fonder AB increased its position in eXp World by 12.0% during the fourth quarter. Handelsbanken Fonder AB now owns 17,700 shares of the technology company’s stock worth $275,000 after buying an additional 1,900 shares during the period. Louisiana State Employees Retirement System acquired a new position in shares of eXp World in the 4th quarter valued at $598,000. International Assets Investment Management LLC acquired a new position in eXp World in the fourth quarter valued at $48,000. Finally, Stratos Wealth Partners LTD. raised its stake in eXp World by 6.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 14,738 shares of the technology company’s stock valued at $229,000 after acquiring an additional 923 shares during the last quarter. Hedge funds and other institutional investors own 27.17% of the company’s stock.

eXp World Stock Up 3.3 %

EXPI stock opened at $11.62 on Monday. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of -68.35 and a beta of 2.29. The stock’s fifty day simple moving average is $10.72 and its 200-day simple moving average is $12.49. eXp World Holdings, Inc. has a 52-week low of $8.91 and a 52-week high of $25.39.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data on Wednesday, May 1st. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. eXp World had a negative net margin of 0.60% and a negative return on equity of 1.50%. The company had revenue of $943.10 million during the quarter, compared to analysts’ expectations of $893.24 million. During the same period in the previous year, the company earned $0.01 EPS. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. As a group, analysts anticipate that eXp World Holdings, Inc. will post 0.22 earnings per share for the current fiscal year.

eXp World Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 27th. Shareholders of record on Monday, May 13th will be given a $0.05 dividend. The ex-dividend date is Friday, May 10th. This represents a $0.20 dividend on an annualized basis and a yield of 1.72%. eXp World’s payout ratio is currently -117.64%.

Analyst Upgrades and Downgrades

EXPI has been the subject of several analyst reports. DA Davidson reissued an “underperform” rating and set a $11.75 price target on shares of eXp World in a report on Thursday. TheStreet lowered eXp World from a “c-” rating to a “d” rating in a research note on Monday, March 4th.

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.