MassMutual Private Wealth & Trust FSB Acquires 10,824 Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

MassMutual Private Wealth & Trust FSB raised its holdings in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 17,744.3% during the fourth quarter, HoldingsChannel reports. The firm owned 10,885 shares of the financial services provider’s stock after purchasing an additional 10,824 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Atlanta Braves were worth $416,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Miracle Mile Advisors LLC bought a new stake in Atlanta Braves during the fourth quarter valued at about $6,736,000. HBK Investments L P lifted its position in shares of Atlanta Braves by 57.0% during the third quarter. HBK Investments L P now owns 480,000 shares of the financial services provider’s stock valued at $19,104,000 after buying an additional 174,300 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Atlanta Braves by 76.9% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 315,424 shares of the financial services provider’s stock valued at $12,554,000 after buying an additional 137,124 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Atlanta Braves by 123.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 167,273 shares of the financial services provider’s stock worth $6,657,000 after buying an additional 92,248 shares during the last quarter. Finally, Harvey Partners LLC grew its position in shares of Atlanta Braves by 14.6% in the 3rd quarter. Harvey Partners LLC now owns 507,000 shares of the financial services provider’s stock worth $20,179,000 after buying an additional 64,500 shares during the last quarter. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Stock Down 0.5 %

NASDAQ:BATRK opened at $37.87 on Thursday. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of -51.88 and a beta of 0.72. Atlanta Braves Holdings, Inc. has a 52 week low of $35.81 and a 52 week high of $44.42. The firm has a 50 day moving average of $38.87 and a 200 day moving average of $40.48.

Atlanta Braves (NASDAQ:BATRK) last issued its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.34). The firm had revenue of $290.67 million during the quarter, compared to analysts’ expectations of $301.09 million. During the same period in the previous year, the company posted ($0.10) EPS. As a group, analysts expect that Atlanta Braves Holdings, Inc. will post -0.89 EPS for the current year.

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.