Endeavor Group Holdings, Inc. (NYSE:EDR) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC reduced its position in Endeavor Group Holdings, Inc. (NYSE:EDR) by 60.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,882 shares of the company’s stock after selling 2,874 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Endeavor Group were worth $45,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC grew its stake in shares of Endeavor Group by 5.2% during the 4th quarter. Cerity Partners LLC now owns 11,832 shares of the company’s stock worth $281,000 after purchasing an additional 590 shares during the period. Steph & Co. grew its stake in shares of Endeavor Group by 5.1% during the 3rd quarter. Steph & Co. now owns 12,088 shares of the company’s stock worth $241,000 after purchasing an additional 591 shares during the period. HighTower Advisors LLC grew its stake in shares of Endeavor Group by 4.7% during the 3rd quarter. HighTower Advisors LLC now owns 16,037 shares of the company’s stock worth $319,000 after purchasing an additional 721 shares during the period. Mirador Capital Partners LP grew its stake in shares of Endeavor Group by 3.8% during the 4th quarter. Mirador Capital Partners LP now owns 20,184 shares of the company’s stock worth $479,000 after purchasing an additional 732 shares during the period. Finally, Lindbrook Capital LLC grew its stake in shares of Endeavor Group by 200.2% during the 4th quarter. Lindbrook Capital LLC now owns 1,540 shares of the company’s stock worth $37,000 after purchasing an additional 1,027 shares during the period. 71.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EDR has been the topic of a number of recent analyst reports. Guggenheim reaffirmed a “neutral” rating and set a $27.50 price target (down from $36.00) on shares of Endeavor Group in a research note on Wednesday, April 3rd. Seaport Res Ptn lowered shares of Endeavor Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 2nd. UBS Group reiterated a “neutral” rating and issued a $27.50 price objective (down from $31.00) on shares of Endeavor Group in a research report on Wednesday, April 3rd. TD Cowen boosted their price objective on shares of Endeavor Group from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, March 25th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $27.50 price objective (down from $30.00) on shares of Endeavor Group in a research report on Friday, April 5th. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $29.30.

Insider Transactions at Endeavor Group

In other news, CAO Seth D. Krauss sold 17,950 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $24.08, for a total transaction of $432,236.00. Following the transaction, the chief accounting officer now directly owns 62,055 shares in the company, valued at approximately $1,494,284.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CAO Seth D. Krauss sold 17,950 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $24.08, for a total transaction of $432,236.00. Following the transaction, the chief accounting officer now directly owns 62,055 shares in the company, valued at approximately $1,494,284.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Jason Lublin sold 20,832 shares of the stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $24.71, for a total transaction of $514,758.72. Following the transaction, the chief financial officer now owns 130,187 shares in the company, valued at $3,216,920.77. The disclosure for this sale can be found here. Insiders have sold a total of 176,633 shares of company stock worth $4,317,277 in the last three months. Company insiders own 82.08% of the company’s stock.

Endeavor Group Trading Up 0.3 %

NYSE:EDR traded up $0.09 on Thursday, reaching $26.50. The stock had a trading volume of 2,006,712 shares, compared to its average volume of 4,241,393. The company has a market cap of $18.35 billion, a price-to-earnings ratio of 25.52, a P/E/G ratio of 1.92 and a beta of 0.79. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.24 and a quick ratio of 1.24. The firm’s fifty day moving average is $25.50 and its two-hundred day moving average is $24.23. Endeavor Group Holdings, Inc. has a 12-month low of $17.65 and a 12-month high of $26.63.

Endeavor Group (NYSE:EDR) last released its earnings results on Wednesday, February 28th. The company reported $0.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.07. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.55 billion. Endeavor Group had a net margin of 5.98% and a return on equity of 1.05%. Equities analysts expect that Endeavor Group Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Endeavor Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were issued a dividend of $0.06 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.24 annualized dividend and a dividend yield of 0.91%. Endeavor Group’s payout ratio is currently 23.08%.

Endeavor Group 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.