Mirae Asset Global Investments Co. Ltd. Has $847,000 Holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Mirae Asset Global Investments Co. Ltd. lifted its holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 9.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,402 shares of the financial services provider’s stock after acquiring an additional 1,879 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Atlanta Braves were worth $847,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of BATRK. Hawk Ridge Capital Management LP lifted its position in Atlanta Braves by 7.4% during the third quarter. Hawk Ridge Capital Management LP now owns 2,521,170 shares of the financial services provider’s stock worth $90,081,000 after purchasing an additional 173,000 shares during the period. Vanguard Group Inc. lifted its position in Atlanta Braves by 20.3% during the third quarter. Vanguard Group Inc. now owns 2,343,979 shares of the financial services provider’s stock worth $83,750,000 after purchasing an additional 396,079 shares during the period. Shapiro Capital Management LLC lifted its position in Atlanta Braves by 0.6% during the third quarter. Shapiro Capital Management LLC now owns 1,604,670 shares of the financial services provider’s stock worth $57,335,000 after purchasing an additional 9,137 shares during the period. Gamco Investors INC. ET AL lifted its position in Atlanta Braves by 7.6% during the third quarter. Gamco Investors INC. ET AL now owns 1,434,735 shares of the financial services provider’s stock worth $51,263,000 after purchasing an additional 101,490 shares during the period. Finally, Gabelli Funds LLC lifted its position in Atlanta Braves by 4.4% during the third quarter. Gabelli Funds LLC now owns 1,197,492 shares of the financial services provider’s stock worth $42,786,000 after purchasing an additional 50,203 shares during the period. 64.88% of the stock is currently owned by institutional investors and hedge funds.

Atlanta Braves Price Performance

BATRK stock opened at $38.29 on Wednesday. Atlanta Braves Holdings, Inc. has a 12 month low of $33.95 and a 12 month high of $50.15. The firm has a 50-day moving average price of $38.74 and a 200-day moving average price of $38.05.

Atlanta Braves (NASDAQ:BATRK) last posted its earnings results on Wednesday, February 28th. The financial services provider reported ($0.52) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.30). The firm had revenue of $67.75 million for the quarter, compared to analysts’ expectations of $61.94 million. On average, analysts anticipate that Atlanta Braves Holdings, Inc. will post -0.42 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, TheStreet cut shares of Atlanta Braves from a “c-” rating to a “d+” rating in a research report on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $45.00.

About Atlanta Braves

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.