Loomis Sayles & Co. L P Sells 10,923 Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Loomis Sayles & Co. L P decreased its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 3.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 277,038 shares of the financial services provider’s stock after selling 10,923 shares during the quarter. Loomis Sayles & Co. L P owned 0.54% of Atlanta Braves worth $11,026,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of Atlanta Braves by 2.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 13,388 shares of the financial services provider’s stock valued at $528,000 after buying an additional 341 shares in the last quarter. Delphi Management Inc. MA increased its holdings in shares of Atlanta Braves by 0.8% in the second quarter. Delphi Management Inc. MA now owns 47,231 shares of the financial services provider’s stock worth $1,863,000 after acquiring an additional 388 shares in the last quarter. Diversify Advisory Services LLC increased its holdings in shares of Atlanta Braves by 3.4% in the third quarter. Diversify Advisory Services LLC now owns 15,052 shares of the financial services provider’s stock worth $607,000 after acquiring an additional 489 shares in the last quarter. Hahn Capital Management LLC raised its position in shares of Atlanta Braves by 33.7% during the second quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider’s stock worth $77,000 after purchasing an additional 495 shares during the period. Finally, nVerses Capital LLC lifted its holdings in shares of Atlanta Braves by 25.0% during the 3rd quarter. nVerses Capital LLC now owns 3,000 shares of the financial services provider’s stock valued at $119,000 after purchasing an additional 600 shares in the last quarter. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Trading Up 0.1 %

Shares of NASDAQ BATRK opened at $40.14 on Thursday. The company has a fifty day moving average price of $40.22 and a 200 day moving average price of $40.67. Atlanta Braves Holdings, Inc. has a 1-year low of $35.42 and a 1-year high of $44.42. The firm has a market cap of $2.04 billion, a PE ratio of -54.99 and a beta of 0.70.

Wall Street Analysts Forecast Growth

Separately, Rosenblatt Securities lowered their target price 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 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.