Aurora Investment Counsel Increases Holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA)

Aurora Investment Counsel raised its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) by 12.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 45,723 shares of the financial services provider’s stock after acquiring an additional 4,945 shares during the quarter. Aurora Investment Counsel’s holdings in Atlanta Braves were worth $1,890,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in BATRA. Gabelli Funds LLC raised its stake in shares of Atlanta Braves by 0.5% during the fourth quarter. Gabelli Funds LLC now owns 831,200 shares of the financial services provider’s stock valued at $35,559,000 after purchasing an additional 4,000 shares during the period. SageView Advisory Group LLC purchased a new stake in Atlanta Braves during the 4th quarter worth $265,000. Chickasaw Capital Management LLC increased its stake in Atlanta Braves by 2.9% during the 1st quarter. Chickasaw Capital Management LLC now owns 64,888 shares of the financial services provider’s stock worth $2,719,000 after buying an additional 1,825 shares during the period. BlueChip Wealth Advisors LLC acquired a new position in Atlanta Braves in the 1st quarter worth $296,000. Finally, Quent Capital LLC boosted its position in Atlanta Braves by 1,607.7% in the 1st quarter. Quent Capital LLC now owns 666 shares of the financial services provider’s stock valued at $28,000 after buying an additional 627 shares during the last quarter. 12.31% of the stock is owned by hedge funds and other institutional investors.

Atlanta Braves Stock Down 1.2 %

Shares of Atlanta Braves stock opened at $42.15 on Tuesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64. Atlanta Braves Holdings, Inc. has a 1-year low of $36.78 and a 1-year high of $46.65. The business has a 50-day moving average of $44.50 and a 200-day moving average of $42.71. The company has a market capitalization of $2.61 billion, a PE ratio of -21.08 and a beta of 0.90.

Atlanta Braves (NASDAQ:BATRA) last issued its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.14. Atlanta Braves had a negative return on equity of 11.36% and a negative net margin of 9.18%. The firm had revenue of $282.88 million during the quarter, compared to analyst estimates of $288.20 million. During the same quarter last year, the firm earned ($0.55) EPS. As a group, equities analysts forecast that Atlanta Braves Holdings, Inc. will post -0.39 EPS for the current fiscal year.

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.