Copeland Capital Management LLC Has $60.01 Million Holdings in eXp World Holdings, Inc. (NASDAQ:EXPI)

Copeland Capital Management LLC grew its position in eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,866,710 shares of the technology company's stock after purchasing an additional 232,321 shares during the period. Copeland Capital Management LLC owned about 2.51% of eXp World worth $60,011,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Quarry LP acquired a new position in eXp World in the 2nd quarter worth about $28,000. Lazard Asset Management LLC bought a new stake in shares of eXp World during the 2nd quarter worth about $29,000. Blue Trust Inc. boosted its stake in shares of eXp World by 201.3% during the 4th quarter. Blue Trust Inc. now owns 2,926 shares of the technology company's stock worth $48,000 after acquiring an additional 1,955 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in shares of eXp World during the 3rd quarter worth about $51,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of eXp World by 65.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,375 shares of the technology company's stock worth $60,000 after acquiring an additional 2,136 shares in the last quarter. 27.17% of the stock is owned by institutional investors and hedge funds.

eXp World Trading Up 3.2 %

NASDAQ:EXPI traded up $0.32 during mid-day trading on Friday, hitting $10.33. 1,401,483 shares of the company's stock traded hands, compared to its average volume of 1,407,577. The firm has a 50 day moving average of $11.77 and a two-hundred day moving average of $13.45. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $25.39. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of -172.17 and a beta of 2.32.

eXp World (NASDAQ:EXPI - Get Free Report) last announced its earnings results on Thursday, February 22nd. The technology company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.06). eXp World had a negative net margin of 0.21% and a positive return on equity of 0.09%. The business had revenue of $983.05 million for the quarter, compared to the consensus estimate of $944.40 million. As a group, equities research analysts expect that eXp World Holdings, Inc. will post 0.22 earnings per share for the current year.

eXp World Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 8th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.94%. eXp World's dividend payout ratio is currently -333.33%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on EXPI shares. TheStreet downgraded eXp World from a "c-" rating to a "d" rating in a research note on Monday, March 4th. DA Davidson reiterated a "neutral" rating and set a $15.00 price target (down previously from $20.00) on shares of eXp World in a research note on Friday, January 26th.

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.