11,685 shares of Atlanta Braves Holdings, Inc. (NASDAQ: BATRK) purchased by CenterBook Partners LP

CenterBook Partners LP purchased a new position in shares of Atlanta Braves Holdings, Inc. (NASDAQ: BATRK – Free Report) during the 4th quarter, according to the company in its latest SEC filing. The institutional investor purchased 11,685 shares of the financial services provider, valued at approximately $462,000.

Several other institutional investors and hedge funds have also increased or reduced their stakes in BATRK. Sequoia Financial Advisors LLC purchased a new position in Atlanta Braves during the 4th quarter valued at approximately $954,000. Schwartz Investment Counsel Inc. acquired a new position in Atlanta Braves during the 4th quarter valued at approximately $4,691,000. Sage Investment Advisers LLC acquired a new position in Atlanta Braves during the 4th quarter valued at approximately $337,000. Charles Schwab Investment Management Inc. increased its position in the Atlanta Braves by 43.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 401,131 shares of the financial services provider’s stock valued at $14,332,000 after purchasing an additional 121,776 shares during the period. Finally, Eagle Asset Management Inc. purchased a new position in Atlanta Braves during the 4th quarter valued at approximately $3,909,000. Institutional investors and hedge funds own 64.88% of the company’s shares.

Analyst upgrades and downgrades

Separately, TheStreet lowered the Atlanta Braves from a “c-” grade to a “d+” grade in a research note on Tuesday, March 19. One investment analyst has rated the stock with a sell rating, another has rated the company with a hold rating, and two have rated the company with a buy rating. Based on MarketBeat data, the Atlanta Braves currently have an average rating of “Hold” and a consensus price target of $45.00.

Check out our latest stock analysis on BATRK

Atlanta Braves shares down 1.2%

BATRK shares opened at $39.82 on Monday. The stock has a market cap of $2.02 billion and a P/E ratio of -19.91. Atlanta Braves Holdings, Inc. has a twelve month low of $33.95 and a twelve month high of $50.15. The company has a 50-day moving average of $38.80 and a 200-day moving average of $38.83.

The Atlanta Braves (NASDAQ:BATRK – Get Free Report) last released their quarterly earnings data on Wednesday, May 8th. The financial services provider reported EPS of ($0.83) for the quarter, missing the consensus estimate of ($0.64) by ($0.19). The company had revenue of $37.08 million during the quarter, compared to the consensus estimate of $39.63 million. On average, sell-side analysts predict that Atlanta Braves Holdings, Inc. will post -0.46 earnings per share for the current fiscal year.

About the Atlanta Braves

(Free report)

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves major league baseball club. It also manages mixed-use development projects, including retail, office, hotel and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.

Featured Articles

Want to see what other hedge funds hold BATRK? Visit HoldingsChannel.com to get the latest 13F filings and insider transactions for Atlanta Braves Holdings, Inc. (NASDAQ:BATRK – Free Report).

Receive daily news and evaluations for the Atlanta Braves – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for the Atlanta Braves and related companies with MarketBeat.com’s FREE daily newsletter.