Endurance International Group Holdings Inc (EIGI) Shares Bought by First Trust Advisors LP

First Trust Advisors LP lifted its holdings in Endurance International Group Holdings Inc (NASDAQ:EIGI) by 3.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,743,982 shares of the software maker’s stock after acquiring an additional 157,922 shares during the quarter. First Trust Advisors LP’s holdings in Endurance International Group were worth $39,849,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new position in Endurance International Group in the third quarter valued at approximately $102,000. Cubist Systematic Strategies LLC lifted its stake in Endurance International Group by 37.4% in the second quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock valued at $157,000 after purchasing an additional 5,111 shares during the last quarter. Teacher Retirement System of Texas purchased a new position in Endurance International Group in the fourth quarter valued at approximately $183,000. Voya Investment Management LLC lifted its stake in Endurance International Group by 14.9% in the second quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock valued at $249,000 after purchasing an additional 3,877 shares during the last quarter. Finally, Aperio Group LLC lifted its stake in Endurance International Group by 46.6% in the fourth quarter. Aperio Group LLC now owns 30,759 shares of the software maker’s stock valued at $258,000 after purchasing an additional 9,775 shares during the last quarter. Hedge funds and other institutional investors own 82.89% of the company’s stock.

Shares of Endurance International Group Holdings Inc (NASDAQ EIGI) opened at $7.75 on Monday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 31.15. Endurance International Group Holdings Inc has a 1-year low of $6.20 and a 1-year high of $9.55.

Endurance International Group (NASDAQ:EIGI) last issued its earnings results on Tuesday, February 13th. The software maker reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.20. Endurance International Group had a negative net margin of 9.12% and a negative return on equity of 130.55%. The business had revenue of $294.25 million for the quarter, compared to analysts’ expectations of $289.22 million. During the same quarter in the previous year, the firm posted ($0.26) EPS. The business’s revenue for the quarter was up .7% compared to the same quarter last year. analysts expect that Endurance International Group Holdings Inc will post -0.19 earnings per share for the current year.

EIGI has been the topic of several research analyst reports. Zacks Investment Research upgraded Endurance International Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. Morgan Stanley dropped their price objective on Endurance International Group from $8.00 to $7.75 and set an “underweight” rating on the stock in a research note on Wednesday, February 14th. BidaskClub downgraded Endurance International Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Jefferies Group reiterated a “sell” rating and issued a $5.00 price objective on shares of Endurance International Group in a research note on Tuesday, October 31st. Finally, Credit Suisse Group dropped their price objective on Endurance International Group from $10.00 to $9.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 14th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $8.13.

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Endurance International Group Company Profile

Endurance International Group Holdings, Inc (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services.

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Institutional Ownership by Quarter for Endurance International Group (NASDAQ:EIGI)

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