EagleClaw Capital Managment LLC Sells 100 Shares of Madison Square Garden Sports Corp. (NYSE:MSGS)

EagleClaw Capital Managment LLC lowered its holdings in Madison Square Garden Sports Corp. (NYSE:MSGS) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 13,595 shares of the company’s stock after selling 100 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in Madison Square Garden Sports were worth $3,068,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP raised its position in shares of Madison Square Garden Sports by 81.4% in the 4th quarter. Allworth Financial LP now owns 127 shares of the company’s stock valued at $28,000 after buying an additional 57 shares in the last quarter. Fifth Third Bancorp raised its position in shares of Madison Square Garden Sports by 119.0% in the 4th quarter. Fifth Third Bancorp now owns 138 shares of the company’s stock valued at $31,000 after buying an additional 75 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Madison Square Garden Sports in the 4th quarter valued at approximately $43,000. Venturi Wealth Management LLC raised its position in shares of Madison Square Garden Sports by 31.2% in the 3rd quarter. Venturi Wealth Management LLC now owns 223 shares of the company’s stock valued at $46,000 after buying an additional 53 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in shares of Madison Square Garden Sports by 35.3% in the 4th quarter. Versant Capital Management Inc now owns 234 shares of the company’s stock valued at $53,000 after buying an additional 61 shares in the last quarter. Institutional investors own 68.94% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Macquarie boosted their target price on shares of Madison Square Garden Sports from $240.00 to $250.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th.

Madison Square Garden Sports Price Performance

MSGS stock opened at $198.31 on Friday. The company has a 50 day simple moving average of $212.84 and a 200 day simple moving average of $216.06. The stock has a market cap of $4.76 billion, a price-to-earnings ratio of 83.67 and a beta of 0.91. Madison Square Garden Sports Corp. has a 1 year low of $178.35 and a 1 year high of $237.99.

Madison Square Garden Sports (NYSE:MSGS) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.25). The company had revenue of $357.80 million for the quarter, compared to analyst estimates of $352.68 million. Madison Square Garden Sports had a negative return on equity of 20.50% and a net margin of 5.33%. Madison Square Garden Sports’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.59 earnings per share. On average, equities research analysts anticipate that Madison Square Garden Sports Corp. will post 0.73 EPS for the current fiscal year.

Madison Square Garden Sports Profile

Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.