3,752 Shares in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Acquired by SG Americas Securities LLC

SG Americas Securities LLC acquired a new stake in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,752 shares of the financial services provider’s stock, valued at approximately $158,000.

A number of other large investors have also added to or reduced their stakes in the stock. Nisa Investment Advisors LLC lifted its stake in shares of 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 buying an additional 600 shares in the last quarter. Quent Capital LLC lifted its position in Atlanta Braves by 1,607.7% in the 1st quarter. Quent Capital LLC now owns 666 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 627 shares in the last quarter. Whittier Trust Co. purchased a new stake in Atlanta Braves during the 2nd quarter valued at $26,000. Aurora Investment Counsel increased its holdings in shares of Atlanta Braves by 1.6% in the 1st quarter. Aurora Investment Counsel now owns 40,778 shares of the financial services provider’s stock worth $1,709,000 after purchasing an additional 653 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Atlanta Braves by 7.9% in the second quarter. Rhumbline Advisers now owns 17,139 shares of the financial services provider’s stock worth $708,000 after purchasing an additional 1,254 shares during the last quarter. Hedge funds and other institutional investors own 12.31% of the company’s stock.

Atlanta Braves Stock Performance

Shares of NASDAQ BATRA opened at $43.03 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.08. The firm’s 50-day moving average price is $43.69 and its 200-day moving average price is $42.82. Atlanta Braves Holdings, Inc. has a 52-week low of $36.78 and a 52-week high of $46.65. The company has a market cap of $2.66 billion, a PE ratio of -21.52 and a beta of 0.88.

Atlanta Braves (NASDAQ:BATRA) last released its quarterly earnings results on Thursday, August 8th. The financial services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.14. Atlanta Braves had a negative return on equity of 11.36% and a negative net margin of 9.18%. The firm had revenue of $282.88 million for the quarter, compared to analysts’ expectations of $288.20 million. During the same period in the prior year, the firm earned ($0.55) EPS. As a group, analysts anticipate that Atlanta Braves Holdings, Inc. will post -0.39 EPS for the current 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.