Rhumbline Advisers boosted its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA – Free Report) by 7.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,139 shares of the financial services provider’s stock after acquiring an additional 1,254 shares during the period. Rhumbline Advisers’ holdings in Atlanta Braves were worth $708,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. Whittier Trust Co. purchased a new position in shares of Atlanta Braves during the 2nd quarter worth approximately $26,000. Bank of New York Mellon Corp grew its stake in Atlanta Braves by 13.1% in the second quarter. Bank of New York Mellon Corp now owns 35,224 shares of the financial services provider’s stock worth $1,456,000 after purchasing an additional 4,071 shares during the period. Nisa Investment Advisors LLC raised its holdings in Atlanta Braves by 1,500.0% in the second quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 600 shares in the last quarter. Welch Group LLC bought a new position in Atlanta Braves in the second quarter worth $867,000. Finally, Aurora Investment Counsel lifted its position in Atlanta Braves by 1.6% during the first quarter. Aurora Investment Counsel now owns 40,778 shares of the financial services provider’s stock valued at $1,709,000 after buying an additional 653 shares during the period. 12.31% of the stock is owned by hedge funds and other institutional investors.
Atlanta Braves Price Performance
Shares of NASDAQ BATRA opened at $42.71 on Wednesday. The company has a 50 day simple moving average of $44.74 and a two-hundred day simple moving average of $42.67. Atlanta Braves Holdings, Inc. has a fifty-two week low of $36.78 and a fifty-two week high of $46.65. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of -21.36 and a beta of 0.90. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64.
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.
See Also
- Five stocks we like better than Atlanta Braves
- Are Penny Stocks a Good Fit for Your Portfolio?
- Biohaven Stock Soars on Drug Trial Results: Time to Jump In?
- What is a buyback in stocks? A comprehensive guide for investors
- Is AMD a Legitimate Threat to NVIDIA? What Investors Should Watch
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Novo Nordisk’s Setback Won’t Last: A Game-Changing Drug Emerges
Receive News & Ratings for Atlanta Braves Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlanta Braves and related companies with MarketBeat.com's FREE daily email newsletter.