Atlanta Braves Holdings Series ABATRA
Market Cap: 2.81B
About: Atlanta Braves Holdings Inc is a holding company. It operates through its wholly-owned subsidiary, which is the owner and operator of the Atlanta Braves Major League Baseball Club and the mixed-use real estate development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club's stadium, Truist Park. The company predominantly derives revenue related to the Braves baseball franchise and Truist Park from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites and premium seat fees, retail and licensing revenue, shared MLB revenue streams, including national broadcasting rights and licensing, and other sources. The company's reportable segments include, baseball which generates key revenue, and mixed-use development.
Employees: 86
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
4% more funds holding
Funds holding: 141 [Q4 2023] → 147 (+6) [Q1 2024]
0.54% less ownership
Funds ownership: 74.05% [Q4 2023] → 73.51% (-0.54%) [Q1 2024]
3% less capital invested
Capital invested by funds: $326M [Q4 2023] → $318M (-$8.35M) [Q1 2024]
26% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $2.57M
47% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 45
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Benchmark Matthew Harrigan | 19%upside $54 | Buy Reiterated | 16 May 2024 |
Financial journalist opinion
Based on 3 articles about BATRA published over the past 30 days