WINTON GROUP Ltd Buys Shares of 99,409 Exp World Holdings, Inc. $EXPI

WINTON GROUP Ltd purchased a new position in shares of Exp World Holdings, Inc. (NASDAQ:EXPI) during the third quarter, HoldingsChannel reports. The fund purchased 99,409 shares of the technology company’s stock, valued at approximately $1,060,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in shares of Exp World by 73.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,582 shares of the technology company’s stock valued at $40,000 after buying an additional 1,516 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Exp World by 41.2% during the first quarter. Geneos Wealth Management Inc. now owns 6,365 shares of the technology company’s stock worth $62,000 after acquiring an additional 1,856 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Exp World by 387.0% during the second quarter. Tower Research Capital LLC TRC now owns 11,108 shares of the technology company’s stock worth $101,000 after acquiring an additional 8,827 shares in the last quarter. Edgestream Partners L.P. acquired a new position in Exp World in the second quarter valued at about $114,000. Finally, Brevan Howard Capital Management LP bought a new stake in shares of Exp World in the second quarter worth about $123,000. Institutional investors and hedge funds own 27.17% of the company’s stock.

Analyst Ratings Changes

EXPI has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Exp World in a research report on Monday, December 29th. Zacks Research upgraded Exp World from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, DA Davidson set a $11.00 target price on Exp World in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $11.00.

Exp World Price Performance

EXPI stock traded down $0.00 during trading hours on Friday, reaching $5.88. 94,623 shares of the stock were exchanged, compared to its average volume of 1,025,565. The firm’s 50-day moving average is $8.20 and its 200-day moving average is $9.82. Exp World Holdings, Inc. has a 12 month low of $5.82 and a 12 month high of $12.23. The company has a market cap of $951.59 million, a price-to-earnings ratio of -41.96 and a beta of 2.13.

Exp World (NASDAQ:EXPI) last issued its quarterly earnings results on Tuesday, February 24th. The technology company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.05). The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.17 billion. Exp World had a negative net margin of 0.48% and a negative return on equity of 10.00%. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.06) earnings per share. As a group, equities research analysts forecast that Exp World Holdings, Inc. will post 0.48 earnings per share for the current year.

Exp World Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 9th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.20 dividend on an annualized basis and a yield of 3.4%. Exp World’s dividend payout ratio is -142.86%.

Exp World Profile

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.