Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) Shares Acquired by HBK Investments L P

HBK Investments L P increased its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 57.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 480,000 shares of the financial services provider’s stock after purchasing an additional 174,300 shares during the quarter. Atlanta Braves comprises about 0.3% of HBK Investments L P’s holdings, making the stock its 29th largest position. HBK Investments L P’s holdings in Atlanta Braves were worth $19,104,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. BBR Partners LLC grew its stake in Atlanta Braves by 117.5% during the 3rd quarter. BBR Partners LLC now owns 13,063 shares of the financial services provider’s stock valued at $520,000 after purchasing an additional 7,057 shares in the last quarter. FORA Capital LLC acquired a new stake in Atlanta Braves during the 3rd quarter valued at approximately $211,000. FMR LLC grew its stake in Atlanta Braves by 2.1% during the 3rd quarter. FMR LLC now owns 21,343 shares of the financial services provider’s stock valued at $849,000 after purchasing an additional 444 shares in the last quarter. Quantbot Technologies LP grew its stake in Atlanta Braves by 68.8% during the 3rd quarter. Quantbot Technologies LP now owns 20,330 shares of the financial services provider’s stock valued at $809,000 after purchasing an additional 8,288 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Atlanta Braves during the 3rd quarter valued at approximately $348,000. Institutional investors and hedge funds own 64.88% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Atlanta Braves Trading Up 0.1 %

Shares of BATRK opened at $40.14 on Friday. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of -54.99 and a beta of 0.70. The stock has a 50 day moving average of $40.19 and a 200-day moving average of $40.67. Atlanta Braves Holdings, Inc. has a 52 week low of $35.42 and a 52 week 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.