Mirador Capital Partners LP Purchases 792 Shares of Endeavor Group Holdings, Inc. (NYSE:EDR)

Mirador Capital Partners LP raised its holdings in Endeavor Group Holdings, Inc. (NYSE:EDR) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,057 shares of the company’s stock after buying an additional 792 shares during the quarter. Mirador Capital Partners LP’s holdings in Endeavor Group were worth $847,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EDR. Dimensional Fund Advisors LP lifted its position in shares of Endeavor Group by 15.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 964,389 shares of the company’s stock worth $26,066,000 after purchasing an additional 132,312 shares during the period. XTX Topco Ltd bought a new position in Endeavor Group in the second quarter worth about $1,014,000. Sei Investments Co. lifted its holdings in Endeavor Group by 90.5% in the second quarter. Sei Investments Co. now owns 47,653 shares of the company’s stock worth $1,288,000 after buying an additional 22,637 shares during the period. ProShare Advisors LLC bought a new stake in Endeavor Group during the 2nd quarter valued at approximately $255,000. Finally, Gabelli Funds LLC raised its position in shares of Endeavor Group by 920.0% in the 2nd quarter. Gabelli Funds LLC now owns 733,384 shares of the company’s stock worth $19,823,000 after acquiring an additional 661,485 shares in the last quarter. Institutional investors own 74.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Endeavor Group from a “sell” rating to a “hold” rating in a report on Monday. Nine equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $27.86.

Endeavor Group Stock Performance

NYSE EDR opened at $30.55 on Thursday. The business has a 50-day moving average price of $30.33 and a 200-day moving average price of $28.80. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.28. Endeavor Group Holdings, Inc. has a twelve month low of $22.77 and a twelve month high of $31.49. The firm has a market cap of $20.90 billion, a price-to-earnings ratio of -14.90 and a beta of 0.74.

Endeavor Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a $0.06 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.24 dividend on an annualized basis and a yield of 0.79%. Endeavor Group’s dividend payout ratio is currently -11.71%.

Insider Buying and Selling at Endeavor Group

In other news, CAO William K. Fullerton sold 6,875 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $31.17, for a total transaction of $214,293.75. Following the sale, the chief accounting officer now directly owns 53,255 shares in the company, valued at approximately $1,659,958.35. This represents a 11.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Patrick Whitesell acquired 263,200 shares of Endeavor Group stock in a transaction on Monday, December 16th. The shares were bought at an average cost of $146.97 per share, for a total transaction of $38,682,504.00. Following the completion of the purchase, the insider now directly owns 418,587 shares of the company’s stock, valued at $61,519,731.39. The trade was a 169.38 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 63.90% of the company’s stock.

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.