Atlanta Braves Holdings, Inc. $BATRA Shares Purchased by Roundview Capital LLC

Roundview Capital LLC increased its position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) by 12.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 177,528 shares of the financial services provider’s stock after purchasing an additional 20,052 shares during the quarter. Roundview Capital LLC’s holdings in Atlanta Braves were worth $7,543,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Atlanta Braves by 4.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,061 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 234 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of Atlanta Braves by 44.4% during the third quarter. Ameritas Advisory Services LLC now owns 950 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 292 shares during the period. Occudo Quantitative Strategies LP lifted its holdings in shares of Atlanta Braves by 6.1% during the third quarter. Occudo Quantitative Strategies LP now owns 6,262 shares of the financial services provider’s stock worth $285,000 after purchasing an additional 359 shares during the period. Jones Financial Companies Lllp raised its position in Atlanta Braves by 47.7% during the third quarter. Jones Financial Companies Lllp now owns 1,233 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 398 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its position in Atlanta Braves by 35.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,774 shares of the financial services provider’s stock valued at $87,000 after acquiring an additional 463 shares in the last quarter. Institutional investors and hedge funds own 12.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Atlanta Braves in a research report on Monday, April 20th. Zacks Research cut Atlanta Braves from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Atlanta Braves has a consensus rating of “Reduce” and a consensus target price of $45.00.

Atlanta Braves Stock Up 0.7%

Shares of BATRA stock opened at $53.49 on Wednesday. The stock has a 50 day moving average of $51.02 and a 200 day moving average of $46.59. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 1.12. The stock has a market cap of $3.37 billion, a P/E ratio of -148.58 and a beta of 0.68. Atlanta Braves Holdings, Inc. has a twelve month low of $41.50 and a twelve month high of $56.06.

Atlanta Braves (NASDAQ:BATRA) last announced its quarterly earnings results on Monday, May 11th. The financial services provider reported ($0.63) earnings per share for the quarter, beating the consensus estimate of ($0.72) by $0.09. The company had revenue of $72.01 million during the quarter, compared to analysts’ expectations of $68.69 million. Atlanta Braves had a positive return on equity of 0.25% and a negative net margin of 2.97%. As a group, sell-side analysts expect that Atlanta Braves Holdings, Inc. will post 0.22 EPS for the current year.

About Atlanta Braves

The Atlanta Braves (NASDAQ: BATRA) are a professional baseball club that competes in Major League Baseball’s National League East division. Founded in 1871 as the Boston Red Stockings, the franchise relocated to Milwaukee in 1953 before settling in Atlanta in 1966. As one of MLB’s oldest and most storied organizations, the Braves are responsible for fielding a Major League team, overseeing player development through a network of minor league affiliates, and managing baseball operations under the leadership of President of Baseball Operations Alex Anthopoulos.

Beyond on‐field performance, the Braves operate a diversified sports and entertainment business.