Roundview Capital LLC Buys 20,052 Shares of Atlanta Braves Holdings, Inc. $BATRA

Roundview Capital LLC boosted its stake in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) by 12.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,528 shares of the financial services provider’s stock after purchasing an additional 20,052 shares during the quarter. Roundview Capital LLC owned about 0.28% of Atlanta Braves worth $7,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in BATRA. Northwestern Mutual Wealth Management Co. boosted its position in Atlanta Braves by 490,606.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 245,353 shares of the financial services provider’s stock valued at $10,425,000 after purchasing an additional 245,303 shares in the last quarter. Vanguard Group Inc. boosted its position in Atlanta Braves by 14.3% during the third quarter. Vanguard Group Inc. now owns 685,557 shares of the financial services provider’s stock valued at $31,172,000 after purchasing an additional 85,853 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in Atlanta Braves by 3.6% during the fourth quarter. Gamco Investors INC. ET AL now owns 2,230,362 shares of the financial services provider’s stock valued at $94,768,000 after purchasing an additional 76,853 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. bought a new stake in Atlanta Braves during the fourth quarter valued at about $3,252,000. Finally, HRT Financial LP boosted its position in Atlanta Braves by 600.4% during the second quarter. HRT Financial LP now owns 48,679 shares of the financial services provider’s stock valued at $2,395,000 after purchasing an additional 41,729 shares in the last quarter. Institutional investors own 12.31% of the company’s stock.

Atlanta Braves Price Performance

Shares of NASDAQ BATRA opened at $53.49 on Wednesday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.46 and a current ratio of 0.46. The company has a market cap of $3.37 billion, a PE ratio of -148.58 and a beta of 0.68. The business has a 50-day simple moving average of $51.02 and a two-hundred day simple moving average of $46.59. Atlanta Braves Holdings, Inc. has a fifty-two week low of $41.50 and a fifty-two week high of $56.06.

Atlanta Braves (NASDAQ:BATRA) last issued its quarterly earnings results on Monday, May 11th. The financial services provider reported ($0.63) earnings per share for the quarter, topping the consensus estimate of ($0.72) by $0.09. The business had revenue of $72.01 million during the quarter, compared to the consensus estimate of $68.69 million. Atlanta Braves had a positive return on equity of 0.25% and a negative net margin of 2.97%. As a group, equities analysts expect that Atlanta Braves Holdings, Inc. will post 0.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Zacks Research downgraded Atlanta Braves from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Atlanta Braves in a report on Monday, April 20th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Atlanta Braves presently has a consensus rating of “Reduce” and a consensus price target of $45.00.

Atlanta Braves Company Profile

The Atlanta Braves (NASDAQ: BATRA) are a professional baseball club that competes in Major League Baseball’s National League East division. Founded in 1871 as the Boston Red Stockings, the franchise relocated to Milwaukee in 1953 before settling in Atlanta in 1966. As one of MLB’s oldest and most storied organizations, the Braves are responsible for fielding a Major League team, overseeing player development through a network of minor league affiliates, and managing baseball operations under the leadership of President of Baseball Operations Alex Anthopoulos.

Beyond on‐field performance, the Braves operate a diversified sports and entertainment business.