XTX Topco Ltd Has $722,000 Stock Holdings in Madison Square Garden Sports Corp. (NYSE:MSGS)

XTX Topco Ltd increased its stake in Madison Square Garden Sports Corp. (NYSE:MSGS) by 25.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,200 shares of the company’s stock after purchasing an additional 650 shares during the period. XTX Topco Ltd’s holdings in Madison Square Garden Sports were worth $722,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in MSGS. Allworth Financial LP boosted its position in Madison Square Garden Sports by 81.4% during the 4th quarter. Allworth Financial LP now owns 127 shares of the company’s stock worth $28,000 after buying an additional 57 shares during the period. Fifth Third Bancorp boosted its holdings in Madison Square Garden Sports by 119.0% in the fourth quarter. Fifth Third Bancorp now owns 138 shares of the company’s stock valued at $31,000 after acquiring an additional 75 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in Madison Square Garden Sports during the 4th quarter valued at approximately $43,000. Versant Capital Management Inc lifted its position in shares of Madison Square Garden Sports by 35.3% in the 4th quarter. Versant Capital Management Inc now owns 234 shares of the company’s stock worth $53,000 after purchasing an additional 61 shares during the period. Finally, Headlands Technologies LLC increased its position in shares of Madison Square Garden Sports by 1,016.7% during the fourth quarter. Headlands Technologies LLC now owns 268 shares of the company’s stock worth $60,000 after buying an additional 244 shares during the period. Institutional investors own 68.94% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Macquarie increased their price target on Madison Square Garden Sports from $240.00 to $250.00 and gave the stock an “outperform” rating in a report on Tuesday, February 25th.

Insider Buying and Selling

In related news, insider F. Dolan 2009 Revocabl Charles sold 31,825 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $189.92, for a total value of $6,044,204.00. Following the transaction, the insider now owns 5,097 shares of the company’s stock, valued at approximately $968,022.24. This trade represents a 86.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 22.10% of the stock is owned by company insiders.

Madison Square Garden Sports Stock Up 1.4 %

NYSE:MSGS opened at $191.52 on Friday. The firm has a market capitalization of $4.60 billion, a P/E ratio of 80.81 and a beta of 0.81. Madison Square Garden Sports Corp. has a twelve month low of $173.26 and a twelve month high of $237.99. The company has a fifty day moving average of $195.93 and a 200-day moving average of $212.53.

Madison Square Garden Sports (NYSE:MSGS) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.25). The company had revenue of $357.80 million for the quarter, compared to the consensus estimate of $352.68 million. Madison Square Garden Sports had a negative return on equity of 20.50% and a net margin of 5.33%. Madison Square Garden Sports’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period last year, the company earned $0.59 EPS. On average, analysts anticipate that Madison Square Garden Sports Corp. will post 0.73 EPS for the current fiscal year.

Madison Square Garden Sports Company Profile

Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.