UBS Group AG Purchases 12,428 Shares of The Liberty Braves Group (NASDAQ:BATRK)

UBS Group AG lifted its position in The Liberty Braves Group (NASDAQ:BATRK – Get Rating) by 3.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 362,899 shares of the financial services provider’s stock after buying an additional 12,428 shares during the period. UBS Group AG’s holdings in The Liberty Braves Group were worth $11,696,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Quantbot Technologies LP lifted its position in shares of The Liberty Braves Group by 350.0% during the first quarter. Quantbot Technologies LP now owns 900 shares of the financial services provider’s stock valued at $25,000 after buying an additional 700 shares during the last quarter. JTC Employer Solutions Trustee Ltd acquired a new stake in shares of The Liberty Braves Group in the 4th quarter worth $43,000. Tower Research Capital LLC TRC increased its position in The Liberty Braves Group by 31.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,820 shares of the financial services provider’s stock valued at $77,000 after buying an additional 667 shares in the last quarter. Lazard Asset Management LLC raised its stake in The Liberty Braves Group by 15.0% in the first quarter. Lazard Asset Management LLC now owns 3,877 shares of the financial services provider’s stock valued at $108,000 after buying an additional 505 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in The Liberty Braves Group by 31.6% in the first quarter. Captrust Financial Advisors now owns 4,660 shares of the financial services provider’s stock worth $130,000 after acquiring an additional 1,119 shares in the last quarter. 74.10% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at The Liberty Braves Group

In related news, major shareholder Gamco Investors, Inc. Et Al purchased 700 shares of the business’s stock in a transaction on Monday, April 17th. The shares were bought at an average cost of $35.95 per share, with a total value of $25,165.00. Following the transaction, the insider now owns 22,000 shares of the company’s stock, valued at $790,900. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder Gamco Investors, Inc. Et Al acquired 700 shares of the stock in a transaction on Monday, April 17th. The shares were acquired at an average price of $35.95 per share, for a total transaction of $25,165.00. Following the transaction, the insider now owns 22,000 shares in the company, valued at approximately $790,900. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gregory B. Maffei bought 50,000 shares of the business’s stock in a transaction dated Thursday, March 16th. The shares were purchased at an average cost of $26.71 per share, with a total value of $1,335,500.00. Following the completion of the acquisition, the chief executive officer now owns 4,203,799 shares in the company, valued at $112,283,471.29. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 51,200 shares of company stock worth $1,376,825 and sold 432,401 shares worth $32,257,898. Company insiders own 11.43% of the company’s stock.

The Liberty Braves Group Price Performance

NASDAQ BATRK opened at $37.59 on Monday. The stock’s fifty day moving average price is $35.56 and its 200 day moving average price is $33.98. The Liberty Braves Group has a 1 year low of $23.46 and a 1 year high of $39.99. The company has a market cap of $1.57 billion, a price-to-earnings ratio of -16.93 and a beta of 0.90.

The Liberty Braves Group (NASDAQ:BATRK – Get Rating) last announced its quarterly earnings data on Friday, May 5th. The financial services provider reported ($1.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($1.18). The firm had revenue of $31.00 million during the quarter, compared to analysts’ expectations of $48.70 million. Research analysts expect that The Liberty Braves Group will post -0.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of The Liberty Braves Group in a report on Saturday. They set a “hold” rating on the stock.

About The Liberty Braves Group

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Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services.