eXp World Holdings, Inc. (NASDAQ:EXPI) Shares Acquired by Invesco Ltd.

Invesco Ltd. lifted its holdings in shares of eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 30.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 432,798 shares of the technology company's stock after acquiring an additional 101,147 shares during the quarter. Invesco Ltd. owned about 0.28% of eXp World worth $7,029,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. WINTON GROUP Ltd lifted its holdings in shares of eXp World by 41.7% during the 3rd quarter. WINTON GROUP Ltd now owns 22,922 shares of the technology company's stock valued at $372,000 after acquiring an additional 6,745 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of eXp World by 21.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 409,894 shares of the technology company's stock valued at $6,657,000 after acquiring an additional 71,183 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of eXp World during the 3rd quarter valued at $51,000. Rhumbline Advisers lifted its holdings in eXp World by 3.5% in the 3rd quarter. Rhumbline Advisers now owns 225,733 shares of the technology company's stock worth $3,666,000 after buying an additional 7,567 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in eXp World by 13.4% in the 3rd quarter. Deutsche Bank AG now owns 36,264 shares of the technology company's stock worth $589,000 after buying an additional 4,299 shares in the last quarter. Institutional investors and hedge funds own 27.17% of the company's stock.

eXp World Stock Performance

EXPI opened at $12.91 on Friday. The company has a 50-day moving average of $12.87 and a 200-day moving average of $14.41. The company has a market capitalization of $2.00 billion, a P/E ratio of -215.17 and a beta of 2.32. eXp World Holdings, Inc. has a 1-year low of $10.57 and a 1-year high of $25.39.

eXp World Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 8th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, March 7th. eXp World's payout ratio is currently -333.33%.

Insider Transactions at eXp World

In other news, Director Jason Gesing sold 60,000 shares of the business's stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $16.59, for a total value of $995,400.00. Following the completion of the sale, the director now owns 2,237,858 shares of the company's stock, valued at approximately $37,126,064.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 35.70% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on EXPI. TheStreet lowered shares of eXp World from a "c-" rating to a "d" rating in a report on Monday, March 4th. DA Davidson reiterated a "neutral" rating and issued a $15.00 price objective (down previously from $20.00) on shares of eXp World in a report on Friday, January 26th.

eXp World 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.

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