Liberty Braves Group Series C (NASDAQ:BATRK) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $29.99 and last traded at $29.99, with a volume of 3150 shares changing hands. The stock had previously closed at $29.28.

Separately, Zacks Investment Research lowered Liberty Braves Group Series C from a “buy” rating to a “hold” rating in a research note on Wednesday, June 5th.

The company has a 50 day moving average price of $28.09 and a 200-day moving average price of $27.83. The company has a market cap of $1.11 billion, a P/E ratio of 295.10 and a beta of 0.79.

Several institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Arbitrage SA grew its position in Liberty Braves Group Series C by 26,460.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,437 shares of the financial services provider’s stock worth $207,000 after acquiring an additional 7,409 shares during the last quarter. SG Americas Securities LLC bought a new stake in Liberty Braves Group Series C during the 1st quarter worth $517,000. Raymond James & Associates grew its position in Liberty Braves Group Series C by 5.5% during the 1st quarter. Raymond James & Associates now owns 151,659 shares of the financial services provider’s stock worth $4,212,000 after acquiring an additional 7,924 shares during the last quarter. Acadian Asset Management LLC grew its position in Liberty Braves Group Series C by 212.0% during the 1st quarter. Acadian Asset Management LLC now owns 48,982 shares of the financial services provider’s stock worth $1,361,000 after acquiring an additional 33,285 shares during the last quarter. Finally, Weik Capital Management grew its position in Liberty Braves Group Series C by 22.1% during the 1st quarter. Weik Capital Management now owns 11,600 shares of the financial services provider’s stock worth $322,000 after acquiring an additional 2,100 shares during the last quarter. Institutional investors own 75.44% of the company’s stock.

About Liberty Braves Group Series C (NASDAQ:BATRK)

The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, stadium, and mixed use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.

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