UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $4.64 Million Holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 6.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,654 shares of the financial services provider’s stock after selling 8,580 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.23% of Atlanta Braves worth $4,643,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BATRK. SG Americas Securities LLC bought a new position in Atlanta Braves during the 2nd quarter worth $1,177,000. Harbor Capital Advisors Inc. raised its stake in Atlanta Braves by 76.9% in the third quarter. Harbor Capital Advisors Inc. now owns 315,424 shares of the financial services provider’s stock valued at $12,554,000 after purchasing an additional 137,124 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Atlanta Braves by 19.2% during the second quarter. Bank of New York Mellon Corp now owns 178,903 shares of the financial services provider’s stock worth $7,056,000 after purchasing an additional 28,879 shares during the period. Quarry LP grew its stake in Atlanta Braves by 30,140.2% during the second quarter. Quarry LP now owns 51,106 shares of the financial services provider’s stock worth $2,016,000 after buying an additional 50,937 shares in the last quarter. Finally, Schwartz Investment Counsel Inc. grew its stake in Atlanta Braves by 54.6% during the second quarter. Schwartz Investment Counsel Inc. now owns 542,264 shares of the financial services provider’s stock worth $21,387,000 after buying an additional 191,478 shares in the last quarter. 64.88% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Atlanta Braves Trading Up 1.2 %

Shares of Atlanta Braves stock opened at $40.25 on Thursday. The company has a market cap of $2.05 billion, a P/E ratio of -55.14 and a beta of 0.68. The business has a 50-day moving average price of $40.20 and a two-hundred day moving average price of $40.79. Atlanta Braves Holdings, Inc. has a 1-year low of $36.74 and a 1-year high of $44.42.

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.