Wilbanks Smith & Thomas Asset Management LLC Makes New $215,000 Investment in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA)

Wilbanks Smith & Thomas Asset Management LLC bought a new position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) during the fourth quarter, HoldingsChannel.com reports. The firm bought 5,033 shares of the financial services provider’s stock, valued at approximately $215,000.

Several other hedge funds also recently made changes to their positions in the business. Roundview Capital LLC bought a new position in shares of Atlanta Braves in the third quarter worth $7,344,000. Pinnacle Associates Ltd. acquired a new stake in Atlanta Braves during the third quarter worth about $1,695,000. Sapient Capital LLC bought a new position in Atlanta Braves in the 4th quarter valued at about $582,000. Anchor Investment Management LLC acquired a new position in shares of Atlanta Braves in the 4th quarter valued at approximately $355,000. Finally, Cullen Investment Group LTD. bought a new stake in shares of Atlanta Braves during the 4th quarter worth approximately $227,000. 12.31% of the stock is owned by institutional investors.

Atlanta Braves Stock Performance

NASDAQ BATRA opened at $41.77 on Friday. The firm’s 50 day simple moving average is $41.34 and its 200 day simple moving average is $41.28. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.17. Atlanta Braves Holdings, Inc. has a 1 year low of $36.78 and a 1 year high of $54.94.

Atlanta Braves (NASDAQ:BATRA) last released its earnings results on Wednesday, February 28th. The financial services provider reported ($0.52) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.30). The business had revenue of $67.75 million during the quarter, compared to analysts’ expectations of $61.94 million. On average, equities analysts expect that Atlanta Braves Holdings, Inc. will post -0.42 earnings per share for the current fiscal year.

About Atlanta Braves

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.