First Horizon Advisors Inc. Takes Position in The Liberty Braves Group (NASDAQ:BATRK)

First Horizon Advisors Inc. acquired a new stake in shares of The Liberty Braves Group (NASDAQ:BATRK) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 4,140 shares of the financial services provider’s stock, valued at approximately $109,000.

Other large investors also recently made changes to their positions in the company. Amundi purchased a new position in shares of The Liberty Braves Group during the second quarter valued at approximately $165,000. Squarepoint Ops LLC boosted its position in shares of The Liberty Braves Group by 45.9% during the second quarter. Squarepoint Ops LLC now owns 11,148 shares of the financial services provider’s stock valued at $310,000 after buying an additional 3,506 shares during the last quarter. Metropolitan Life Insurance Co NY boosted its position in shares of The Liberty Braves Group by 102,790.9% during the second quarter. Metropolitan Life Insurance Co NY now owns 11,318 shares of the financial services provider’s stock valued at $314,000 after buying an additional 11,307 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of The Liberty Braves Group during the third quarter valued at approximately $381,000. Finally, Cutter & CO Brokerage Inc. boosted its position in shares of The Liberty Braves Group by 77.9% during the third quarter. Cutter & CO Brokerage Inc. now owns 16,783 shares of the financial services provider’s stock valued at $443,000 after buying an additional 7,350 shares during the last quarter. 76.68% of the stock is currently owned by institutional investors.

BATRK has been the topic of several analyst reports. Zacks Investment Research cut The Liberty Braves Group from a “buy” rating to a “hold” rating in a research report on Monday, October 11th. TheStreet raised The Liberty Braves Group from a “d” rating to a “c-” rating in a research report on Wednesday, November 10th.

BATRK stock opened at $26.66 on Friday. The stock’s fifty day simple moving average is $28.46 and its two-hundred day simple moving average is $27.27. The Liberty Braves Group has a 1-year low of $24.60 and a 1-year high of $31.76. The stock has a market cap of $1.09 billion, a P/E ratio of -34.18 and a beta of 0.90.

The Liberty Braves Group (NASDAQ:BATRK) last posted its quarterly earnings data on Thursday, November 4th. The financial services provider reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.35. The business had revenue of $234.00 million during the quarter.

The Liberty Braves Group Profile

Liberty Media Corp. engages in the operation media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1, and Corporate and Other. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora.

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Institutional Ownership by Quarter for The Liberty Braves Group (NASDAQ:BATRK)

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