Tudor Investment Corp ET AL Acquires 172,747 Shares of The Real Brokerage Inc. (NASDAQ:REAX)

Tudor Investment Corp ET AL increased its holdings in shares of The Real Brokerage Inc. (NASDAQ:REAX - Free Report) by 109.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 330,712 shares of the company's stock after purchasing an additional 172,747 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.17% of Real Brokerage worth $1,521,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Barclays PLC grew its holdings in Real Brokerage by 337.7% during the 3rd quarter. Barclays PLC now owns 141,188 shares of the company's stock valued at $782,000 after buying an additional 108,928 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Real Brokerage during the third quarter worth $155,000. Tidal Investments LLC purchased a new position in Real Brokerage during the third quarter valued at $495,000. Principal Financial Group Inc. increased its holdings in Real Brokerage by 463.8% in the 3rd quarter. Principal Financial Group Inc. now owns 72,467 shares of the company's stock valued at $402,000 after acquiring an additional 59,614 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Real Brokerage by 607.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 631,916 shares of the company's stock valued at $3,507,000 after purchasing an additional 542,653 shares during the last quarter. Hedge funds and other institutional investors own 53.28% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Jones Trading reaffirmed a "buy" rating and issued a $6.00 target price on shares of Real Brokerage in a report on Thursday, March 6th.

Real Brokerage Stock Performance

Shares of REAX opened at $4.38 on Monday. The stock has a market capitalization of $866.16 million, a PE ratio of -24.33 and a beta of 1.13. The company's fifty day moving average is $4.49 and its 200 day moving average is $4.86. The Real Brokerage Inc. has a fifty-two week low of $3.55 and a fifty-two week high of $6.75.

Real Brokerage (NASDAQ:REAX - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02. The firm had revenue of $350.63 million for the quarter, compared to analysts' expectations of $300.11 million. Real Brokerage had a negative net margin of 2.91% and a negative return on equity of 73.22%. As a group, research analysts forecast that The Real Brokerage Inc. will post -0.1 earnings per share for the current year.

Real Brokerage Profile

The Real Brokerage Inc, together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida.

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