MassMutual Private Wealth & Trust FSB Increases Holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

MassMutual Private Wealth & Trust FSB increased its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 17,744.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,885 shares of the financial services provider’s stock after acquiring an additional 10,824 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Atlanta Braves were worth $416,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Quent Capital LLC lifted its stake in Atlanta Braves by 568.4% in the third quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider’s stock worth $66,000 after purchasing an additional 1,404 shares during the last quarter. nVerses Capital LLC boosted its holdings in Atlanta Braves by 25.0% during the 3rd quarter. nVerses Capital LLC now owns 3,000 shares of the financial services provider’s stock valued at $119,000 after acquiring an additional 600 shares during the period. Quest Partners LLC grew its position in Atlanta Braves by 28,820.0% in the 3rd quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider’s stock valued at $173,000 after acquiring an additional 4,323 shares during the last quarter. Quantinno Capital Management LP bought a new position in Atlanta Braves in the 3rd quarter valued at $205,000. Finally, FORA Capital LLC purchased a new stake in Atlanta Braves in the third quarter worth $211,000. 64.88% of the stock is owned by institutional investors.

Atlanta Braves Trading Down 0.5 %

Shares of BATRK opened at $37.87 on Thursday. The firm has a fifty day moving average price of $38.87 and a 200-day moving average price of $40.48. The firm has a market capitalization of $1.93 billion, a P/E ratio of -51.88 and a beta of 0.72. Atlanta Braves Holdings, Inc. has a 12-month low of $35.81 and a 12-month high of $44.42.

Atlanta Braves (NASDAQ:BATRK) last released its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.34). The business had revenue of $290.67 million for the quarter, compared to the consensus estimate of $301.09 million. During the same period last year, the business posted ($0.10) earnings per share. Analysts predict that Atlanta Braves Holdings, Inc. will post -0.89 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.