US Bancorp DE Has $97,000 Stock Holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

US Bancorp DE lowered its position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 55.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,432 shares of the financial services provider’s stock after selling 3,088 shares during the quarter. US Bancorp DE’s holdings in Atlanta Braves were worth $97,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BATRK. Aristeia Capital L.L.C. grew its position in Atlanta Braves by 42.9% during 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 buying an additional 396,720 shares in the last quarter. Schwartz Investment Counsel Inc. raised its stake in 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 valued at $21,387,000 after purchasing an additional 191,478 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in Atlanta Braves by 289.5% during the second quarter. Harbor Capital Advisors Inc. now owns 178,300 shares of the financial services provider’s stock worth $7,032,000 after purchasing an additional 132,520 shares during the period. Vanguard Group Inc. grew its stake 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 buying an additional 53,272 shares in the last quarter. Finally, Quarry LP increased its holdings in Atlanta Braves by 30,140.2% in the 2nd quarter. Quarry LP now owns 51,106 shares of the financial services provider’s stock valued at $2,016,000 after buying an additional 50,937 shares during the period. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Stock Down 2.2 %

Shares of Atlanta Braves stock opened at $40.07 on Friday. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of -54.89 and a beta of 0.70. Atlanta Braves Holdings, Inc. has a twelve month low of $35.37 and a twelve month high of $44.42. The company’s fifty day moving average is $40.33 and its 200 day moving average is $40.58.

Analysts Set New Price Targets

Separately, Rosenblatt Securities decreased their price target 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.

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.