Biglari Holdings Inc. (NYSE:BH - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $272.15 and last traded at $267.22, with a volume of 463 shares trading hands. The stock had previously closed at $267.07.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered Biglari from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th.
Read Our Latest Stock Report on Biglari
Biglari Stock Down 0.9%
The firm's fifty day moving average is $236.79 and its 200-day moving average is $232.22. The stock has a market capitalization of $583.32 million, a price-to-earnings ratio of 1.45 and a beta of 0.74. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.44.
Biglari (NYSE:BH - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The restaurant operator reported $23.37 EPS for the quarter. The business had revenue of $95.04 million for the quarter. Biglari had a net margin of 14.14% and a return on equity of 16.03%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN raised its position in shares of Biglari by 28.2% during the 4th quarter. Wells Fargo & Company MN now owns 427 shares of the restaurant operator's stock valued at $109,000 after acquiring an additional 94 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in Biglari by 0.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,887 shares of the restaurant operator's stock valued at $3,023,000 after purchasing an additional 98 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Biglari by 10.0% during the fourth quarter. Rhumbline Advisers now owns 1,139 shares of the restaurant operator's stock worth $290,000 after purchasing an additional 104 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Biglari by 5.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,327 shares of the restaurant operator's stock worth $592,000 after purchasing an additional 124 shares during the period. Finally, Bridgeway Capital Management LLC lifted its position in shares of Biglari by 1.0% in the 4th quarter. Bridgeway Capital Management LLC now owns 15,468 shares of the restaurant operator's stock worth $3,933,000 after buying an additional 150 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company's stock.
Biglari Company Profile
(
Get Free Report)
Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.
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