XTX Topco Ltd Has $531,000 Stock Position in Madison Square Garden Sports Corp. (NYSE:MSGS)

XTX Topco Ltd trimmed its stake in Madison Square Garden Sports Corp. (NYSE:MSGS - Free Report) by 45.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,550 shares of the company's stock after selling 2,148 shares during the quarter. XTX Topco Ltd's holdings in Madison Square Garden Sports were worth $531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Venturi Wealth Management LLC grew its stake in Madison Square Garden Sports by 31.2% in the third quarter. Venturi Wealth Management LLC now owns 223 shares of the company's stock valued at $46,000 after purchasing an additional 53 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Madison Square Garden Sports by 326.5% in the 3rd quarter. Blue Trust Inc. now owns 418 shares of the company's stock valued at $87,000 after buying an additional 320 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in Madison Square Garden Sports in the third quarter worth approximately $119,000. Quent Capital LLC raised its position in Madison Square Garden Sports by 271.3% during the third quarter. Quent Capital LLC now owns 609 shares of the company's stock valued at $127,000 after acquiring an additional 445 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Madison Square Garden Sports by 142.6% in the third quarter. GAMMA Investing LLC now owns 638 shares of the company's stock valued at $133,000 after acquiring an additional 375 shares during the last quarter. 68.94% of the stock is currently owned by institutional investors and hedge funds.

Madison Square Garden Sports Stock Up 0.2 %

Shares of NYSE:MSGS traded up $0.53 on Friday, reaching $235.17. The company had a trading volume of 63,196 shares, compared to its average volume of 112,051. The stock has a market capitalization of $5.63 billion, a P/E ratio of 80.79 and a beta of 0.91. The stock has a 50-day moving average price of $223.67 and a 200 day moving average price of $206.72. Madison Square Garden Sports Corp. has a twelve month low of $171.61 and a twelve month high of $235.19.

Madison Square Garden Sports (NYSE:MSGS - Get Free Report) last announced its earnings results on Friday, November 1st. The company reported ($0.31) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.86) by $0.55. Madison Square Garden Sports had a negative return on equity of 23.81% and a net margin of 6.75%. The firm had revenue of $53.31 million during the quarter, compared to analysts' expectations of $43.71 million. During the same quarter in the prior year, the business earned ($0.79) earnings per share. The company's revenue was up 23.8% on a year-over-year basis. On average, sell-side analysts predict that Madison Square Garden Sports Corp. will post 0.81 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Macquarie increased their price target on shares of Madison Square Garden Sports from $235.00 to $240.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 5th.

Madison Square Garden Sports 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.