Endeavor Group Holdings, Inc. (NYSE:EDR) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in Endeavor Group Holdings, Inc. (NYSE:EDR - Free Report) by 15.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 964,389 shares of the company's stock after buying an additional 132,312 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.14% of Endeavor Group worth $26,066,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Longfellow Investment Management Co. LLC purchased a new stake in Endeavor Group in the 2nd quarter worth approximately $75,000. PNC Financial Services Group Inc. grew its position in Endeavor Group by 14.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,200 shares of the company's stock valued at $76,000 after buying an additional 399 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in shares of Endeavor Group during the 1st quarter worth about $102,000. SG Americas Securities LLC acquired a new stake in shares of Endeavor Group during the 2nd quarter valued at about $130,000. Finally, CIBC Asset Management Inc purchased a new position in shares of Endeavor Group in the 2nd quarter valued at about $226,000. 71.37% of the stock is owned by institutional investors and hedge funds.

Endeavor Group Price Performance

NYSE EDR traded up $0.40 during mid-day trading on Thursday, hitting $29.12. The stock had a trading volume of 3,328,502 shares, compared to its average volume of 3,728,964. Endeavor Group Holdings, Inc. has a twelve month low of $17.65 and a twelve month high of $29.14. The stock has a market capitalization of $20.18 billion, a price-to-earnings ratio of 52.95 and a beta of 0.78. The firm's 50 day moving average is $27.61 and its 200 day moving average is $26.95. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.62 and a quick ratio of 0.62.

Endeavor Group (NYSE:EDR - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.06). The business had revenue of $1.75 billion during the quarter, compared to analysts' expectations of $1.87 billion. Endeavor Group had a positive return on equity of 4.45% and a negative net margin of 6.23%. Equities research analysts forecast that Endeavor Group Holdings, Inc. will post 1.4 earnings per share for the current fiscal year.

Endeavor Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date was Monday, September 16th. Endeavor Group's dividend payout ratio (DPR) is presently 43.64%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Endeavor Group in a report on Saturday, September 28th. They issued a "hold" rating on the stock. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $27.86.

Insider Transactions at Endeavor Group

In other news, CEO Ariel Emanuel sold 149,280 shares of the firm's stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $28.10, for a total transaction of $4,194,768.00. Following the completion of the sale, the chief executive officer now owns 1,831,247 shares in the company, valued at approximately $51,458,040.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Endeavor Group news, CFO Jason Lublin sold 20,832 shares of the business's stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $27.28, for a total value of $568,296.96. Following the sale, the chief financial officer now owns 130,187 shares of the company's stock, valued at $3,551,501.36. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Ariel Emanuel sold 149,280 shares of Endeavor Group stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 1,831,247 shares of the company's stock, valued at $51,458,040.70. The disclosure for this sale can be found here. Insiders have sold a total of 197,928 shares of company stock worth $5,542,191 in the last quarter. Company 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.