Zacks Investment Research Upgrades Liberty Braves Group (NASDAQ:BATRK) to Hold

Zacks Investment Research upgraded shares of Liberty Braves Group (NASDAQ:BATRK) from a sell rating to a hold rating in a research report released on Tuesday, November 14th.

According to Zacks, “Liberty Braves Group owns and operates Atlanta Braves Major League Baseball club, stadium and associated real estate projects. Liberty Braves Group is based in the United States. “

BATRK has been the subject of a number of other reports. TheStreet lowered shares of Liberty Braves Group from a c- rating to a d rating in a report on Thursday, November 2nd. Morgan Stanley raised their price target on shares of Liberty Braves Group from $22.00 to $25.00 and gave the company an underweight rating in a report on Thursday, September 21st.

Shares of Liberty Braves Group (NASDAQ:BATRK) opened at $22.39 on Tuesday. Liberty Braves Group has a 52-week low of $18.57 and a 52-week high of $26.20.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its holdings in Liberty Braves Group by 1.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 15,101 shares of the financial services provider’s stock valued at $361,000 after purchasing an additional 207 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Liberty Braves Group by 1.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,322 shares of the financial services provider’s stock valued at $583,000 after purchasing an additional 313 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in Liberty Braves Group by 2.7% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 18,365 shares of the financial services provider’s stock valued at $440,000 after acquiring an additional 483 shares during the last quarter. Rhumbline Advisers boosted its stake in Liberty Braves Group by 1.7% during the 2nd quarter. Rhumbline Advisers now owns 40,286 shares of the financial services provider’s stock valued at $966,000 after acquiring an additional 658 shares during the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. boosted its stake in Liberty Braves Group by 6.2% during the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,339 shares of the financial services provider’s stock valued at $272,000 after acquiring an additional 661 shares during the last quarter. 71.38% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: This piece was published by Week Herald and is the property of of Week Herald. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://weekherald.com/2017/12/04/liberty-media-corporation-batrk-stock-rating-upgraded-by-zacks-investment-research.html.

About Liberty Braves Group

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

Get a free copy of the Zacks research report on Liberty Braves Group (BATRK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Liberty Braves Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Braves Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply