Endeavor Group Holdings, Inc. (NYSE:EDR) Given Average Recommendation of "Hold" by Analysts

Endeavor Group Holdings, Inc. (NYSE:EDR - Get Free Report) has been assigned an average rating of "Hold" from the nine analysts that are presently covering the company, Marketbeat reports. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $27.86.

Separately, StockNews.com upgraded shares of Endeavor Group from a "sell" rating to a "hold" rating in a research report on Monday, January 13th.

Endeavor Group Price Performance

Shares of EDR traded down $0.16 during mid-day trading on Friday, hitting $30.75. 465,963 shares of the stock were exchanged, compared to its average volume of 2,396,024. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market cap of $21.03 billion, a PE ratio of -15.00 and a beta of 0.74. Endeavor Group has a 52-week low of $23.14 and a 52-week high of $32.67. The firm has a 50-day moving average of $30.79 and a two-hundred day moving average of $29.17.

Endeavor Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were paid a dividend of $0.06 per share. The ex-dividend date was 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 is presently -11.71%.

Insider Buying and Selling

In other Endeavor Group news, CAO William K. Fullerton sold 2,225 shares of the company's stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $30.58, for a total value of $68,040.50. Following the transaction, the chief accounting officer now directly owns 53,124 shares in the company, valued at $1,624,531.92. This represents a 4.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Patrick Whitesell purchased 263,200 shares of the firm's stock in a transaction dated Monday, December 16th. The shares were bought at an average cost of $146.97 per share, with a total value of $38,682,504.00. Following the purchase, the insider now directly owns 418,587 shares of the company's stock, valued at approximately $61,519,731.39. This represents a 169.38 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 1,042,580 shares of company stock valued at $156,040,538 in the last ninety days. 63.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Blue Trust Inc. grew its position in shares of Endeavor Group by 176.1% during the 4th quarter. Blue Trust Inc. now owns 2,303 shares of the company's stock worth $66,000 after buying an additional 1,469 shares in the last quarter. FNY Investment Advisers LLC bought a new position in Endeavor Group during the 4th quarter worth about $96,000. FMR LLC raised its holdings in shares of Endeavor Group by 67.6% in 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. KBC Group NV lifted its position in shares of Endeavor Group by 65.3% in the 4th quarter. KBC Group NV now owns 7,191 shares of the company's stock worth $225,000 after purchasing an additional 2,842 shares during the period. Finally, Everence Capital Management Inc. bought a new position in shares of Endeavor Group during the fourth quarter valued at approximately $233,000. 74.99% of the stock is currently owned by hedge funds and other institutional investors.

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.