LMR Partners LLP Has $125.49 Million Stock Holdings in Endeavor Group Holdings, Inc. (NYSE:EDR)

LMR Partners LLP grew its position in shares of Endeavor Group Holdings, Inc. (NYSE:EDR - Free Report) by 41.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,393,759 shares of the company's stock after purchasing an additional 1,290,867 shares during the quarter. Endeavor Group makes up about 1.0% of LMR Partners LLP's investment portfolio, making the stock its largest position. LMR Partners LLP owned 0.64% of Endeavor Group worth $125,486,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Longfellow Investment Management Co. LLC purchased a new position in shares of Endeavor Group in the second quarter worth about $75,000. DekaBank Deutsche Girozentrale bought a new stake in Endeavor Group in the first quarter valued at approximately $102,000. SG Americas Securities LLC bought a new stake in Endeavor Group in the second quarter valued at approximately $130,000. CIBC Asset Management Inc purchased a new stake in shares of Endeavor Group during the second quarter valued at approximately $226,000. Finally, ProShare Advisors LLC bought a new position in shares of Endeavor Group in the second quarter worth approximately $255,000. 71.37% of the stock is owned by hedge funds and other institutional investors.

Endeavor Group Stock Up 0.3 %

Endeavor Group stock traded up $0.10 during mid-day trading on Monday, hitting $29.08. The company had a trading volume of 547,788 shares, compared to its average volume of 3,477,609. Endeavor Group Holdings, Inc. has a 12 month low of $22.64 and a 12 month high of $29.67. The company has a market capitalization of $19.90 billion, a PE ratio of -14.14 and a beta of 0.77. The stock's 50 day moving average price is $28.72 and its two-hundred day moving average price is $27.66. The company has a current ratio of 0.63, a quick ratio of 0.62 and a debt-to-equity ratio of 0.28.

Endeavor Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a $0.06 dividend. The ex-dividend date was Monday, September 16th. This represents a $0.24 annualized dividend and a yield of 0.83%. Endeavor Group's dividend payout ratio (DPR) is presently -11.71%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Endeavor Group in a research report on Friday. They set a "hold" rating for the company. Nine investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Endeavor Group has an average rating of "Hold" and a consensus price target of $27.86.

Insider Transactions at Endeavor Group

In other news, CEO Ariel Emanuel sold 27,816 shares of the business's stock in a transaction on Friday, September 20th. The stock was sold at an average price of $28.01, for a total value of $779,126.16. Following the completion of the transaction, the chief executive officer now owns 1,831,247 shares in the company, valued at $51,293,228.47. The trade was a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 225,272 shares of company stock worth $6,372,925. Corporate insiders own 63.90% of the company's stock.

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.