State Street Corp Increases Position in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA)

State Street Corp increased its position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 266,968 shares of the financial services provider’s stock after buying an additional 3,432 shares during the quarter. State Street Corp owned about 0.43% of Atlanta Braves worth $11,253,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Alden Global Capital LLC purchased a new position in Atlanta Braves during the second quarter worth about $1,301,000. Renaissance Technologies LLC boosted its position in shares of Atlanta Braves by 7.9% during the 2nd quarter. Renaissance Technologies LLC now owns 232,900 shares of the financial services provider’s stock worth $9,626,000 after purchasing an additional 17,000 shares during the period. MRP Capital Investments LLC increased its holdings in Atlanta Braves by 67.5% in the 2nd quarter. MRP Capital Investments LLC now owns 40,075 shares of the financial services provider’s stock valued at $1,656,000 after purchasing an additional 16,150 shares during the last quarter. Gabelli Funds LLC increased its holdings in Atlanta Braves by 0.8% in the 2nd quarter. Gabelli Funds LLC now owns 837,521 shares of the financial services provider’s stock valued at $34,615,000 after purchasing an additional 6,321 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in Atlanta Braves in the second quarter valued at approximately $239,000. 12.31% of the stock is owned by institutional investors and hedge funds.

Atlanta Braves Trading Up 0.3 %

BATRA opened at $40.61 on Thursday. Atlanta Braves Holdings, Inc. has a 52 week low of $39.58 and a 52 week high of $46.65. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.12. The business has a fifty day simple moving average of $42.20 and a 200-day simple moving average of $43.03. The firm has a market cap of $2.51 billion, a P/E ratio of -55.63 and a beta of 0.80.

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.