Virtu Financial LLC Buys Shares of 21,063 Endeavor Group Holdings, Inc. (NYSE:EDR)

Virtu Financial LLC purchased a new position in shares of Endeavor Group Holdings, Inc. (NYSE:EDR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,063 shares of the company’s stock, valued at approximately $602,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC bought a new position in Endeavor Group during the second quarter worth about $75,000. SG Americas Securities LLC bought a new position in shares of Endeavor Group during the 2nd quarter valued at about $130,000. FMR LLC lifted its holdings in shares of Endeavor Group by 67.6% during the 3rd quarter. FMR LLC now owns 5,575 shares of the company’s stock valued at $159,000 after purchasing an additional 2,248 shares in the last quarter. CIBC Asset Management Inc acquired a new position in shares of Endeavor Group in the 2nd quarter valued at approximately $226,000. Finally, ProShare Advisors LLC bought a new stake in Endeavor Group during the 2nd quarter worth approximately $255,000. Institutional investors and hedge funds own 74.99% of the company’s stock.

Endeavor Group Stock Up 0.1 %

NYSE:EDR opened at $30.75 on Friday. The company has a market cap of $21.04 billion, a PE ratio of -15.00 and a beta of 0.76. The stock has a 50-day simple moving average of $29.56 and a 200 day simple moving average of $28.14. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.63 and a current ratio of 0.63. Endeavor Group Holdings, Inc. has a 52-week low of $22.75 and a 52-week high of $30.83.

Endeavor Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be issued a $0.06 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.78%. Endeavor Group’s dividend payout ratio (DPR) is presently -11.71%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Endeavor Group in a research note on Monday, December 9th. They issued a “sell” rating on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Endeavor Group currently has a consensus rating of “Hold” and an average target price of $27.86.

Insider Transactions at Endeavor Group

In other Endeavor Group news, CEO Ariel Emanuel sold 27,816 shares of Endeavor Group stock in a transaction on Friday, September 20th. The shares were sold at an average price of $28.01, for a total value of $779,126.16. Following the sale, the chief executive officer now directly owns 1,831,247 shares in the company, valued at approximately $51,293,228.47. The trade was a 1.50 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Patrick Whitesell purchased 60,208 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were acquired at an average cost of $143.73 per share, for a total transaction of $8,653,695.84. Following the completion of the transaction, the insider now directly owns 1,734,530 shares in the company, valued at approximately $249,303,996.90. This represents a 3.60 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 225,272 shares of company stock valued at $6,372,925 over the last 90 days. 63.90% of the stock is owned by corporate insiders.

Endeavor Group Company Profile

Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.