Nuveen Asset Management LLC Increases Stock Position in The Liberty Braves Group (NASDAQ:BATRK)

Nuveen Asset Management LLC increased its position in shares of The Liberty Braves Group (NASDAQ:BATRK – Get Rating) by 3.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 363,778 shares of the financial services provider’s stock after acquiring an additional 12,388 shares during the period. Nuveen Asset Management LLC owned approximately 0.88% of The Liberty Braves Group worth $10,004,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Canada Pension Plan Investment Board bought a new stake in The Liberty Braves Group during the 3rd quarter worth approximately $926,000. Credit Suisse AG increased its holdings in The Liberty Braves Group by 7.9% during the 3rd quarter. Credit Suisse AG now owns 40,644 shares of the financial services provider’s stock worth $1,118,000 after acquiring an additional 2,988 shares during the period. Gabelli Funds LLC increased its holdings in shares of The Liberty Braves Group by 6.0% in the 3rd quarter. Gabelli Funds LLC now owns 1,064,339 shares of the financial services provider’s stock worth $29,269,000 after buying an additional 59,786 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its holdings in shares of The Liberty Braves Group by 2.9% in the 3rd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 89,696 shares of the financial services provider’s stock worth $2,467,000 after buying an additional 2,500 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of The Liberty Braves Group by 31.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,820 shares of the financial services provider’s stock worth $77,000 after buying an additional 667 shares during the last quarter. Institutional investors own 74.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of The Liberty Braves Group from a “sell” rating to a “hold” rating in a report on Thursday, January 5th.

The Liberty Braves Group Price Performance

Shares of NASDAQ:BATRK opened at $32.75 on Friday. The company’s fifty day moving average price is $33.98 and its 200-day moving average price is $31.46. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of -26.20 and a beta of 0.90. The Liberty Braves Group has a one year low of $23.34 and a one year high of $35.41.

The Liberty Braves Group (NASDAQ:BATRK – Get Rating) last announced its quarterly earnings data on Wednesday, March 1st. The financial services provider reported ($1.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.85) by ($0.20). The firm had revenue of $53.00 million for the quarter, compared to the consensus estimate of $23.14 million. As a group, equities research analysts expect that The Liberty Braves Group will post -0.5 EPS for the current year.

Insider Activity

In other The Liberty Braves Group news, major shareholder Gamco Investors, Inc. Et Al acquired 800 shares of the business’s stock in a transaction dated Friday, December 23rd. The stock was bought at an average price of $32.58 per share, with a total value of $26,064.00. Following the purchase, the insider now owns 12,800 shares of the company’s stock, valued at $417,024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other The Liberty Braves Group news, major shareholder Gamco Investors, Inc. Et Al acquired 800 shares of the business’s stock in a transaction dated Friday, December 23rd. The stock was bought at an average price of $32.58 per share, with a total value of $26,064.00. Following the purchase, the insider now owns 12,800 shares of the company’s stock, valued at $417,024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman John C. Malone sold 285,320 shares of the stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $74.95, for a total transaction of $21,384,734.00. Following the sale, the chairman now directly owns 3,670,061 shares of the company’s stock, valued at approximately $275,071,071.95. The disclosure for this sale can be found here. In the last 90 days, insiders acquired 8,200 shares of company stock valued at $267,200 and sold 406,897 shares valued at $30,376,669. 11.43% of the stock is owned by corporate insiders.

The Liberty Braves Group Profile

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Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services.