Endeavor Group Holdings, Inc. (NYSE:EDR) Shares Bought by Barclays PLC

Barclays PLC raised its holdings in shares of Endeavor Group Holdings, Inc. (NYSE:EDR - Free Report) by 5,247.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 318,188 shares of the company's stock after purchasing an additional 312,238 shares during the quarter. Barclays PLC's holdings in Endeavor Group were worth $9,087,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of EDR. Longfellow Investment Management Co. LLC purchased a new stake in shares of Endeavor Group in the second quarter valued at $75,000. SG Americas Securities LLC purchased a new stake in shares of Endeavor Group in the second quarter valued at $130,000. FMR LLC raised its stake in shares of Endeavor Group by 67.6% in the third quarter. FMR LLC now owns 5,575 shares of the company's stock valued at $159,000 after acquiring an additional 2,248 shares during the period. CIBC Asset Management Inc purchased a new stake in shares of Endeavor Group in the second quarter valued at $226,000. Finally, ProShare Advisors LLC purchased a new stake in shares of Endeavor Group in the second quarter valued at $255,000. Institutional investors own 74.99% of the company's stock.

Analysts Set New Price Targets

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

Endeavor Group Stock Up 0.1 %

NYSE EDR traded up $0.03 during trading on Wednesday, reaching $31.03. 1,930,879 shares of the company's stock traded hands, compared to its average volume of 3,361,476. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market cap of $21.23 billion, a price-to-earnings ratio of -15.14 and a beta of 0.76. The company's 50 day simple moving average is $29.63 and its two-hundred day simple moving average is $28.21. Endeavor Group Holdings, Inc. has a 12-month low of $22.75 and a 12-month high of $31.14.

Endeavor Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Monday, December 16th. Endeavor Group's dividend payout ratio (DPR) is -11.71%.

Insider Activity

In other news, CEO Ariel Emanuel sold 149,280 shares of the firm's stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $28.10, for a total value of $4,194,768.00. Following the sale, the chief executive officer now directly owns 1,831,247 shares in the company, valued at approximately $51,458,040.70. This trade represents a 7.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Patrick Whitesell purchased 60,208 shares of the stock in a transaction dated Thursday, December 12th. The stock was purchased at an average price of $143.73 per share, for a total transaction of $8,653,695.84. Following the completion of the acquisition, 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 position. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 225,272 shares of company stock worth $6,372,925. Corporate insiders own 63.90% of the company's stock.

About Endeavor Group

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.