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Renaissance Technologies LLC Buys 95,438 Shares of Liberty Braves Group Series C (NASDAQ:BATRK)

Renaissance Technologies LLC raised its stake in shares of Liberty Braves Group Series C (NASDAQ:BATRK) by 17.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 638,938 shares of the financial services provider’s stock after purchasing an additional 95,438 shares during the quarter. Renaissance Technologies LLC owned 1.61% of Liberty Braves Group Series C worth $17,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Swiss National Bank boosted its holdings in shares of Liberty Braves Group Series C by 4.0% during the 3rd quarter. Swiss National Bank now owns 62,329 shares of the financial services provider’s stock valued at $1,698,000 after buying an additional 2,400 shares in the last quarter. Levin Capital Strategies L.P. bought a new position in Liberty Braves Group Series C in the 3rd quarter worth about $203,000. We Are One Seven LLC bought a new position in Liberty Braves Group Series C in the 3rd quarter worth about $204,000. Raymond James & Associates boosted its stake in Liberty Braves Group Series C by 15.3% in the 2nd quarter. Raymond James & Associates now owns 71,675 shares of the financial services provider’s stock worth $1,854,000 after purchasing an additional 9,489 shares in the last quarter. Finally, Poehling Capital Management LLC boosted its stake in Liberty Braves Group Series C by 26.7% in the 3rd quarter. Poehling Capital Management LLC now owns 58,526 shares of the financial services provider’s stock worth $1,595,000 after purchasing an additional 12,330 shares in the last quarter. Institutional investors and hedge funds own 74.48% of the company’s stock.

A number of equities analysts have weighed in on BATRK shares. ValuEngine raised Liberty Braves Group Series C from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd. Zacks Investment Research raised Liberty Braves Group Series C from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research report on Tuesday, January 1st.

Liberty Braves Group Series C stock traded up $0.22 during midday trading on Friday, hitting $25.99. The stock had a trading volume of 90,323 shares, compared to its average volume of 117,774. Liberty Braves Group Series C has a 52-week low of $21.85 and a 52-week high of $27.96. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of -50.96 and a beta of 0.75.

Liberty Braves Group Series C (NASDAQ:BATRK) last posted its quarterly earnings results on Thursday, November 8th. The financial services provider reported $0.80 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.39. The business had revenue of $200.00 million during the quarter. As a group, analysts predict that Liberty Braves Group Series C will post -1.48 EPS for the current fiscal year.

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About Liberty Braves Group Series C

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

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