Endeavor Group Holdings, Inc. (NYSE:EDR) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. raised its position in shares of Endeavor Group Holdings, Inc. (NYSE:EDRFree Report) by 70.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 339,049 shares of the company’s stock after buying an additional 139,898 shares during the period. Victory Capital Management Inc.’s holdings in Endeavor Group were worth $6,747,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Quilter Plc purchased a new position in shares of Endeavor Group during the first quarter worth $421,032,000. Citigroup Inc. boosted its holdings in Endeavor Group by 14.6% in the fourth quarter. Citigroup Inc. now owns 3,878 shares of the company’s stock valued at $87,000 after purchasing an additional 493 shares during the period. Steph & Co. boosted its holdings in Endeavor Group by 5.1% in the third quarter. Steph & Co. now owns 12,088 shares of the company’s stock valued at $241,000 after purchasing an additional 591 shares during the period. Advisory Services Network LLC boosted its holdings in Endeavor Group by 134.2% in the first quarter. Advisory Services Network LLC now owns 1,150 shares of the company’s stock valued at $28,000 after purchasing an additional 659 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Endeavor Group by 3.8% in the fourth quarter. Legal & General Group Plc now owns 22,649 shares of the company’s stock valued at $511,000 after purchasing an additional 834 shares during the period. 43.70% of the stock is currently owned by hedge funds and other institutional investors.

Endeavor Group Stock Down 0.5 %

Endeavor Group stock opened at $24.32 on Wednesday. Endeavor Group Holdings, Inc. has a 1-year low of $17.65 and a 1-year high of $26.26. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a market cap of $16.88 billion, a PE ratio of 69.49, a P/E/G ratio of 1.18 and a beta of 0.85. The stock’s fifty day moving average is $24.02 and its two-hundred day moving average is $23.01.

Endeavor Group (NYSE:EDRGet Free Report) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.14. Endeavor Group had a negative return on equity of 0.87% and a net margin of 2.41%. The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.26 billion. On average, sell-side analysts expect that Endeavor Group Holdings, Inc. will post 0.52 EPS for the current fiscal year.

Endeavor Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Thursday, December 14th. Endeavor Group’s dividend payout ratio is presently 68.57%.

Insider Buying and Selling at Endeavor Group

In other Endeavor Group news, CAO William K. Fullerton sold 8,407 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $23.37, for a total value of $196,471.59. Following the sale, the chief accounting officer now directly owns 81,094 shares in the company, valued at $1,895,166.78. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CFO Jason Lublin sold 20,832 shares of Endeavor Group stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $24.30, for a total transaction of $506,217.60. Following the sale, the chief financial officer now owns 55,705 shares in the company, valued at $1,353,631.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO William K. Fullerton sold 8,407 shares of Endeavor Group stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $23.37, for a total value of $196,471.59. Following the sale, the chief accounting officer now owns 81,094 shares in the company, valued at approximately $1,895,166.78. The disclosure for this sale can be found here. Insiders have sold a total of 103,299 shares of company stock worth $2,534,855 over the last ninety days. Corporate insiders own 82.08% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Endeavor Group from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $32.00.

Read Our Latest Research Report on Endeavor Group

Endeavor Group Company Profile

(Free Report)

Endeavor Group Holdings, Inc operates as an entertainment, sports, and content company worldwide. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, Professional Bull Rider, Euroleague, and Diamond Baseball Holdings that license broadcast and other intellectual property rights and operate exclusive live events.

Further Reading

Want to see what other hedge funds are holding EDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Endeavor Group Holdings, Inc. (NYSE:EDRFree Report).

Institutional Ownership by Quarter for Endeavor Group (NYSE:EDR)

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