Thompson Siegel & Walmsley LLC Buys 1,493 Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Thompson Siegel & Walmsley LLC increased its stake in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 0.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 209,686 shares of the financial services provider’s stock after acquiring an additional 1,493 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.41% of Atlanta Braves worth $8,270,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BATRK. Quent Capital LLC boosted its position in shares of Atlanta Braves by 568.4% during the 1st quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 1,404 shares during the last quarter. Hahn Capital Management LLC grew its stake in shares of Atlanta Braves by 33.7% in the 2nd quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider’s stock worth $77,000 after buying an additional 495 shares in the last quarter. nVerses Capital LLC bought a new stake in shares of Atlanta Braves in the 2nd quarter worth about $95,000. Brown Brothers Harriman & Co. raised its position in shares of Atlanta Braves by 31.2% during the 4th quarter. Brown Brothers Harriman & Co. now owns 2,452 shares of the financial services provider’s stock valued at $97,000 after buying an additional 583 shares in the last quarter. Finally, Mango Investments LLC purchased a new stake in shares of Atlanta Braves during the 4th quarter valued at about $107,000. 64.88% of the stock is owned by hedge funds and other institutional investors.

Atlanta Braves Stock Up 1.7 %

BATRK stock opened at $40.84 on Monday. The firm’s fifty day simple moving average is $42.24 and its two-hundred day simple moving average is $40.02. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of -20.42 and a beta of 0.72. Atlanta Braves Holdings, Inc. has a twelve month low of $33.95 and a twelve month high of $44.42.

Atlanta Braves (NASDAQ:BATRK) last announced its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.05. The firm had revenue of $282.88 million during the quarter, compared to the consensus estimate of $288.20 million. During the same period in the previous year, the business earned ($0.55) EPS. As a group, equities research analysts expect that Atlanta Braves Holdings, Inc. will post -0.31 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Rosenblatt Securities reduced their price objective on Atlanta Braves from $54.00 to $53.00 and set a “buy” rating on the stock in a research note on Wednesday, August 14th.

Insider Activity at Atlanta Braves

In related news, major shareholder Associated Capital Group, Inc. acquired 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The stock was bought at an average price of $39.96 per share, for a total transaction of $79,920.00. Following the acquisition, the insider now directly owns 7,550 shares of the company’s stock, valued at approximately $301,698. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.43% of the stock is owned by company insiders.

Atlanta Braves Company Profile

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