Duality Advisers LP Raises Position in eXp World Holdings, Inc. (NASDAQ:EXPI)

Duality Advisers LP increased its stake in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 16.4% in the 4th quarter, Holdings Channel reports. The firm owned 45,664 shares of the technology company’s stock after buying an additional 6,421 shares during the period. Duality Advisers LP’s holdings in eXp World were worth $709,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in EXPI. SG Americas Securities LLC raised its holdings in shares of eXp World by 312.3% during the third quarter. SG Americas Securities LLC now owns 50,414 shares of the technology company’s stock valued at $819,000 after purchasing an additional 38,187 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of eXp World by 28.9% during 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 during the last quarter. Counterpoint Mutual Funds LLC raised its holdings in shares of eXp World by 21.9% during the third quarter. Counterpoint Mutual Funds LLC now owns 7,845 shares of the technology company’s stock valued at $127,000 after purchasing an additional 1,411 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of eXp World by 7.2% during the third quarter. Harbor Capital Advisors Inc. now owns 46,999 shares of the technology company’s stock valued at $763,000 after purchasing an additional 3,139 shares during the last quarter. Finally, Raymond James & Associates raised its holdings in shares of eXp World by 5.1% during the third quarter. Raymond James & Associates now owns 67,517 shares of the technology company’s stock valued at $1,096,000 after purchasing an additional 3,292 shares during the last quarter. 27.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EXPI has been the subject of several research reports. TheStreet cut shares of eXp World from a “c-” rating to a “d” rating in a report on Monday, March 4th. DA Davidson restated a “neutral” rating and set a $15.00 target price (down from $20.00) on shares of eXp World in a research report on Friday, January 26th.

eXp World Price Performance

EXPI stock opened at $10.34 on Thursday. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $25.39. The company’s fifty day moving average price is $10.86 and its 200-day moving average price is $12.70.

eXp World (NASDAQ:EXPI) last released its earnings results on Thursday, February 22nd. The technology company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.06). eXp World had a positive return on equity of 0.09% and a negative net margin of 0.21%. The company had revenue of $983.05 million during the quarter, compared to analysts’ expectations of $944.40 million. 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 firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 8th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend was Thursday, March 7th. eXp World’s payout ratio is -333.33%.

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.