Harbor Capital Advisors Inc. Has $12.55 Million Position in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Harbor Capital Advisors Inc. increased its position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 76.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 315,424 shares of the financial services provider’s stock after purchasing an additional 137,124 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Atlanta Braves were worth $12,554,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in Atlanta Braves by 2.3% during the first quarter. Vanguard Group Inc. now owns 2,342,671 shares of the financial services provider’s stock worth $91,505,000 after purchasing an additional 53,272 shares during the period. Gabelli Funds LLC lifted its holdings in shares of Atlanta Braves by 3.2% in the second quarter. Gabelli Funds LLC now owns 1,365,883 shares of the financial services provider’s stock worth $53,870,000 after acquiring an additional 42,617 shares during the last quarter. Aristeia Capital L.L.C. lifted its holdings in shares of Atlanta Braves by 42.9% in the second quarter. Aristeia Capital L.L.C. now owns 1,321,464 shares of the financial services provider’s stock worth $52,119,000 after acquiring an additional 396,720 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Atlanta Braves by 3.3% in the first quarter. Janus Henderson Group PLC now owns 661,845 shares of the financial services provider’s stock worth $25,851,000 after acquiring an additional 21,053 shares during the last quarter. Finally, Schwartz Investment Counsel Inc. lifted its holdings in shares of Atlanta Braves by 54.6% in the second quarter. Schwartz Investment Counsel Inc. now owns 542,264 shares of the financial services provider’s stock worth $21,387,000 after acquiring an additional 191,478 shares during the last quarter. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Stock Up 1.8 %

Shares of BATRK opened at $40.21 on Friday. The business’s fifty day moving average is $40.67 and its 200 day moving average is $40.39. Atlanta Braves Holdings, Inc. has a 12-month low of $33.95 and a 12-month high of $44.42. The stock has a market cap of $2.04 billion, a P/E ratio of -40.62 and a beta of 0.70.

Atlanta Braves (NASDAQ:BATRK) last announced its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.46 earnings per share 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 analysts’ expectations of $288.20 million. During the same period last year, the business posted ($0.55) EPS. On average, analysts expect that Atlanta Braves Holdings, Inc. will post -0.44 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Rosenblatt Securities dropped their target price on shares of Atlanta Braves from $54.00 to $53.00 and set a “buy” rating for the company in a report on Wednesday, August 14th.

Atlanta Braves 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.