Wolverine Asset Management LLC decreased its position in Endeavor Group Holdings, Inc. (NYSE:EDR - Free Report) by 36.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 65,853 shares of the company's stock after selling 37,572 shares during the quarter. Wolverine Asset Management LLC's holdings in Endeavor Group were worth $1,881,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the company. Palliser Capital UK Ltd boosted its position in shares of Endeavor Group by 230.0% during the third quarter. Palliser Capital UK Ltd now owns 1,237,263 shares of the company's stock valued at $35,336,000 after buying an additional 862,380 shares during the last quarter. Vest Financial LLC raised its holdings in Endeavor Group by 30.6% during the third quarter. Vest Financial LLC now owns 53,811 shares of the company's stock valued at $1,537,000 after acquiring an additional 12,623 shares during the period. Mirador Capital Partners LP grew its position in Endeavor Group by 6.7% in the third quarter. Mirador Capital Partners LP now owns 26,265 shares of the company's stock worth $750,000 after acquiring an additional 1,655 shares in the last quarter. Bardin Hill Management Partners LP boosted its position in shares of Endeavor Group by 23.1% during the second quarter. Bardin Hill Management Partners LP now owns 673,889 shares of the company's stock valued at $18,215,000 after buying an additional 126,237 shares during the period. Finally, Bluefin Capital Management LLC raised its stake in Endeavor Group by 138.0% in the second quarter. Bluefin Capital Management LLC now owns 50,000 shares of the company's stock worth $1,352,000 after buying an additional 181,421 shares in the last quarter. 71.37% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on shares of Endeavor Group in a research report on Thursday, November 7th. They set a "hold" rating for the company. Nine research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, Endeavor Group presently has an average rating of "Hold" and an average price target of $27.86.
Read Our Latest Stock Analysis on Endeavor Group
Insider Activity at Endeavor Group
In other news, CEO Ariel Emanuel sold 27,816 shares of the company's stock in a transaction on Friday, September 20th. The shares were sold at an average price of $28.01, for a total transaction of $779,126.16. Following the completion of the sale, the chief executive officer now owns 1,831,247 shares of the company's stock, valued at $51,293,228.47. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 225,272 shares of company stock worth $6,372,925 in the last 90 days. 63.90% of the stock is owned by corporate insiders.
Endeavor Group Trading Up 0.3 %
Endeavor Group stock traded up $0.09 during mid-day trading on Tuesday, hitting $28.99. The company's stock had a trading volume of 584,543 shares, compared to its average volume of 3,517,467. Endeavor Group Holdings, Inc. has a 12 month low of $22.64 and a 12 month high of $29.67. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.62 and a quick ratio of 0.62. The business has a 50 day moving average price of $28.60 and a 200-day moving average price of $27.59. The stock has a market cap of $19.84 billion, a price-to-earnings ratio of -14.10 and a beta of 0.77.
Endeavor Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.06 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.24 annualized dividend and a dividend yield of 0.83%. Endeavor Group's dividend payout ratio (DPR) is presently -11.71%.
About Endeavor Group
(
Free Report)
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.
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