Steinberg World Asset Administration purchased a brand new stake in shares of World Wrestling Leisure, Inc. (NYSE:WWE) throughout the 1st quarter, in line with its most up-to-date submitting with the SEC. The fund purchased 64,139 shares of the corporate’s inventory, valued at roughly $2,310,000. Steinberg World Asset Administration owned roughly 0.08% of World Wrestling Leisure as of its most up-to-date submitting with the SEC.
A number of different institutional buyers have additionally modified their holdings of WWE. Pearl River Capital LLC acquired a brand new place in World Wrestling Leisure within the fourth quarter valued at about $36,000. Cerebellum GP LLC acquired a brand new place in World Wrestling Leisure within the fourth quarter valued at about $71,000. Amundi Pioneer Asset Administration Inc. acquired a brand new place in World Wrestling Leisure within the fourth quarter valued at about $126,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its place in World Wrestling Leisure by 11.5% within the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,505 shares of the corporate’s inventory valued at $187,000 after shopping for an extra 259 shares within the final quarter. Lastly, LPL Monetary LLC acquired a brand new place in World Wrestling Leisure within the third quarter valued at about $219,000. Institutional buyers and hedge funds personal 63.76% of the corporate’s inventory.
Shares of NYSE WWE traded up $1.15 throughout buying and selling on Monday, reaching $97.25. The corporate had a buying and selling quantity of 1,144,140 shares, in comparison with its common quantity of 901,651. World Wrestling Leisure, Inc. has a 52 week low of $38.28 and a 52 week excessive of $97.96. The corporate has a market cap of $7.50 billion, a PE ratio of 86.83 and a beta of 1.36. The corporate has a present ratio of 1.33, a fast ratio of 1.30 and a debt-to-equity ratio of 0.08.
World Wrestling Leisure (NYSE:WWE) final introduced its earnings outcomes on Thursday, February seventh. The corporate reported $0.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.14. World Wrestling Leisure had a internet margin of 10.71% and a return on fairness of 34.02%. The corporate had income of $272.50 million throughout the quarter, in comparison with the consensus estimate of $255.01 million. Throughout the identical interval within the earlier yr, the agency posted $0.20 earnings per share. The corporate’s income was up 28.8% on a year-over-year foundation. As a gaggle, equities analysis analysts forecast that World Wrestling Leisure, Inc. will publish 1.24 earnings per share for the present yr.
The enterprise additionally not too long ago introduced a quarterly dividend, which was paid on Monday, March 25th. Shareholders of document on Friday, March 15th had been paid a $0.12 dividend. This represents a $0.48 dividend on an annualized foundation and a dividend yield of 0.49%. The ex-dividend date of this dividend was Thursday, March 14th. World Wrestling Leisure’s dividend payout ratio is presently 42.86%.
Quite a lot of equities analysts have commented on the inventory. Zacks Investment Research lowered shares of World Wrestling Leisure from a “purchase” score to a “maintain” score and set a $105.00 worth goal on the inventory. in a analysis report on Saturday. Cannonball Analysis lowered shares of World Wrestling Leisure from a “purchase” score to a “impartial” score and set a $88.00 worth goal on the inventory. in a analysis report on Monday, April 1st. MKM Companions boosted their worth goal on shares of World Wrestling Leisure from $95.00 to $110.00 and gave the corporate a “purchase” score in a analysis report on Tuesday, March 26th. Wolfe Analysis boosted their worth goal on shares of World Wrestling Leisure from $105.00 to $157.00 in a analysis report on Friday, March 15th. Lastly, JPMorgan Chase & Co. boosted their worth goal on shares of World Wrestling Leisure to $95.00 and gave the corporate an “chubby” score in a analysis report on Friday, February eighth. 5 analysts have rated the inventory with a maintain score, ten have assigned a purchase score and one has issued a robust purchase score to the corporate. The inventory has a consensus score of “Purchase” and a consensus goal worth of $101.00.
In different World Wrestling Leisure information, insider George A. Barrios offered 60,000 shares of the enterprise’s inventory in a transaction dated Monday, January 28th. The shares had been offered at a median worth of $81.52, for a complete worth of $4,891,200.00. Following the completion of the transaction, the insider now straight owns 287,103 shares of the corporate’s inventory, valued at $23,404,636.56. The sale was disclosed in a authorized submitting with the SEC, which is obtainable at this hyperlink. Additionally, CEO Vincent Ok. Mcmahon offered 3,204,427 shares of the enterprise’s inventory in a transaction dated Wednesday, March 27th. The inventory was offered at a median worth of $81.45, for a complete transaction of $261,000,579.15. Following the completion of the transaction, the chief government officer now straight owns 3,285,919 shares of the corporate’s inventory, valued at $267,638,102.55. The disclosure for this sale might be discovered here. During the last ninety days, insiders offered 3,304,427 shares of firm inventory valued at $269,243,779. Insiders personal 43.90% of the corporate’s inventory.
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World Wrestling Leisure Firm Profile
World Wrestling Leisure, Inc, an built-in media and leisure firm, engages within the sports activities leisure enterprise in North America, Europe, the Center East, Africa, the Asia Pacific, and Latin America. It operates in three segments: Media, Stay Occasions, and Client Merchandise. The Media section engages within the manufacturing and monetization of long-form and short-form media content material throughout numerous platforms, together with WWE Community, pay tv, and digital and social media, in addition to filmed leisure.
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