Sapient Capital LLC Makes New $582,000 Investment in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA)

Sapient Capital LLC acquired a new stake in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 13,604 shares of the financial services provider’s stock, valued at approximately $582,000.

A number of other large investors have also recently made changes to their positions in BATRA. Gamco Investors INC. ET AL lifted its holdings in Atlanta Braves by 1.6% in the 2nd quarter. Gamco Investors INC. ET AL now owns 2,567,013 shares of the financial services provider’s stock worth $105,042,000 after purchasing an additional 40,170 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Atlanta Braves by 6.5% in the 3rd quarter. Vanguard Group Inc. now owns 805,371 shares of the financial services provider’s stock worth $22,672,000 after purchasing an additional 48,961 shares in the last quarter. Gabelli Funds LLC lifted its holdings in Atlanta Braves by 2.1% in the 1st quarter. Gabelli Funds LLC now owns 794,577 shares of the financial services provider’s stock worth $27,476,000 after purchasing an additional 16,500 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Atlanta Braves by 0.4% in the 1st quarter. Renaissance Technologies LLC now owns 253,800 shares of the financial services provider’s stock worth $8,776,000 after purchasing an additional 900 shares in the last quarter. Finally, State Street Corp lifted its holdings in Atlanta Braves by 3.3% in the 1st quarter. State Street Corp now owns 238,925 shares of the financial services provider’s stock worth $8,262,000 after purchasing an additional 7,590 shares in the last quarter. 12.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, TheStreet raised Atlanta Braves from a “d+” rating to a “c-” rating in a research note on Thursday, December 21st.

Atlanta Braves Trading Down 2.1 %

NASDAQ:BATRA opened at $41.37 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.17. Atlanta Braves Holdings, Inc. has a 1 year low of $35.61 and a 1 year high of $54.94. The stock’s 50 day simple moving average is $41.96 and its two-hundred day simple moving average is $41.18.

Atlanta Braves (NASDAQ:BATRA) last released its quarterly earnings data on Wednesday, February 28th. The financial services provider reported ($0.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.30). The business had revenue of $67.75 million during the quarter, compared to analyst estimates of $61.94 million. As a group, analysts anticipate that Atlanta Braves Holdings, Inc. will post -0.42 earnings per share for the current year.

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.