Delphi Management Inc. MA Buys 388 Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Delphi Management Inc. MA raised its stake in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 0.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,231 shares of the financial services provider’s stock after buying an additional 388 shares during the period. Atlanta Braves makes up 1.5% of Delphi Management Inc. MA’s portfolio, making the stock its 8th biggest position. Delphi Management Inc. MA owned about 0.09% of Atlanta Braves worth $1,863,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in BATRK. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Atlanta Braves by 2.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 13,388 shares of the financial services provider’s stock worth $528,000 after buying an additional 341 shares during the period. Hahn Capital Management LLC boosted its holdings in shares of Atlanta Braves by 33.7% in the second quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider’s stock worth $77,000 after buying an additional 495 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in shares of Atlanta Braves by 31.2% in the fourth quarter. Brown Brothers Harriman & Co. now owns 2,452 shares of the financial services provider’s stock worth $97,000 after buying an additional 583 shares during the period. Redmont Wealth Advisors LLC boosted its holdings in shares of Atlanta Braves by 4.2% in the first quarter. Redmont Wealth Advisors LLC now owns 15,393 shares of the financial services provider’s stock worth $601,000 after buying an additional 614 shares during the period. Finally, ProShare Advisors LLC boosted its holdings in shares of Atlanta Braves by 8.5% in the first quarter. ProShare Advisors LLC now owns 8,186 shares of the financial services provider’s stock worth $320,000 after buying an additional 644 shares during the period. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Stock Performance

Shares of BATRK opened at $39.80 on Tuesday. The firm has a market cap of $2.02 billion, a PE ratio of -19.90 and a beta of 0.72. The firm’s 50 day moving average price is $41.94 and its 200 day moving average price is $40.19. Atlanta Braves Holdings, Inc. has a twelve month low of $33.95 and a twelve month high of $44.42.

Atlanta Braves (NASDAQ:BATRK) last issued its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.05. The business had revenue of $282.88 million for the quarter, compared to the consensus estimate of $288.20 million. During the same period in the previous year, the business posted ($0.55) EPS. On average, sell-side analysts anticipate that Atlanta Braves Holdings, Inc. will post -0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Rosenblatt Securities decreased their target price on shares of Atlanta Braves from $54.00 to $53.00 and set a “buy” rating for the company in a report on Wednesday, August 14th.

Atlanta Braves Company 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.