Quest Partners LLC Has $173,000 Stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Quest Partners LLC increased its stake in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 28,820.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 4,338 shares of the financial services provider’s stock after acquiring an additional 4,323 shares during the period. Quest Partners LLC’s holdings in Atlanta Braves were worth $173,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in BATRK. Quent Capital LLC boosted its stake in Atlanta Braves by 568.4% during the 3rd quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider’s stock valued at $66,000 after purchasing an additional 1,404 shares during the period. Hahn Capital Management LLC boosted its stake in Atlanta Braves by 33.7% during the 2nd quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider’s stock valued at $77,000 after purchasing an additional 495 shares during the period. nVerses Capital LLC bought a new stake in Atlanta Braves during the 2nd quarter valued at approximately $95,000. OFI Invest Asset Management bought a new stake in Atlanta Braves during the 2nd quarter valued at approximately $156,000. Finally, Mogy Joel R Investment Counsel Inc. bought a new stake in Atlanta Braves during the 2nd quarter valued at approximately $212,000. Institutional investors and hedge funds own 64.88% of the company’s stock.

Atlanta Braves Price Performance

Shares of BATRK stock opened at $40.14 on Thursday. The stock’s fifty day simple moving average is $40.22 and its 200 day simple moving average is $40.67. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of -54.99 and a beta of 0.70. Atlanta Braves Holdings, Inc. has a one year low of $35.42 and a one year high of $44.42.

Analysts Set New Price Targets

Separately, Rosenblatt Securities decreased 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.

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.