Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lessened its holdings in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) by 30.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,306 shares of the financial services provider’s stock after selling 2,740 shares during the period. American Century Companies Inc.’s holdings in Atlanta Braves were worth $261,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Atlanta Braves by 2.3% during the first quarter. Vanguard Group Inc. now owns 608,500 shares of the financial services provider’s stock worth $25,496,000 after acquiring an additional 13,486 shares during the period. Chickasaw Capital Management LLC grew its holdings in Atlanta Braves by 2.9% in the first quarter. Chickasaw Capital Management LLC now owns 64,888 shares of the financial services provider’s stock valued at $2,719,000 after purchasing an additional 1,825 shares during the last quarter. Aurora Investment Counsel grew its holdings in Atlanta Braves by 1.6% in the first quarter. Aurora Investment Counsel now owns 40,778 shares of the financial services provider’s stock valued at $1,709,000 after purchasing an additional 653 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Atlanta Braves by 13.1% in the second quarter. Bank of New York Mellon Corp now owns 35,224 shares of the financial services provider’s stock valued at $1,456,000 after purchasing an additional 4,071 shares during the last quarter. Finally, Welch Group LLC acquired a new stake in Atlanta Braves in the second quarter valued at $867,000. Institutional investors and hedge funds own 12.31% of the company’s stock.

Atlanta Braves Stock Down 0.3 %

Atlanta Braves stock opened at $42.04 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of -21.02 and a beta of 0.90. Atlanta Braves Holdings, Inc. has a fifty-two week low of $36.78 and a fifty-two week high of $46.65. The stock’s fifty day moving average is $44.24 and its two-hundred day moving average is $42.71.

Atlanta Braves (NASDAQ:BATRA) last posted its earnings results on Thursday, August 8th. The financial services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.14. The company had revenue of $282.88 million for the quarter, compared to analyst estimates of $288.20 million. Atlanta Braves had a negative return on equity of 11.36% and a negative net margin of 9.18%. During the same quarter in the prior year, the company earned ($0.55) earnings per share. Analysts predict that Atlanta Braves Holdings, Inc. will post -0.39 EPS for the current fiscal year.

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.