Biglari Holdings Inc. (NYSE:BH - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $273.76 and last traded at $272.31, with a volume of 44027 shares trading hands. The stock had previously closed at $256.52.
Analyst Ratings Changes
Separately, Wall Street Zen cut Biglari from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th.
Check Out Our Latest Stock Analysis on BH
Biglari Stock Performance
The company has a 50-day moving average price of $238.18 and a two-hundred day moving average price of $232.89. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $619.77 million, a PE ratio of 1.54 and a beta of 0.74.
Biglari (NYSE:BH - Get Free Report) last posted its earnings results on Friday, May 9th. The restaurant operator reported $23.37 EPS for the quarter. Biglari had a return on equity of 16.03% and a net margin of 14.14%. The business had revenue of $95.04 million during the quarter.
Hedge Funds Weigh In On Biglari
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nuveen LLC purchased a new position in Biglari during the first quarter worth about $3,965,000. Nuveen Asset Management LLC grew its position in Biglari by 1.0% during the fourth quarter. Nuveen Asset Management LLC now owns 16,821 shares of the restaurant operator's stock worth $4,277,000 after buying an additional 164 shares in the last quarter. JPMorgan Chase & Co. grew its position in Biglari by 1,809.5% during the fourth quarter. JPMorgan Chase & Co. now owns 16,135 shares of the restaurant operator's stock worth $4,103,000 after buying an additional 15,290 shares in the last quarter. Invesco Ltd. purchased a new position in Biglari during the fourth quarter worth about $4,019,000. Finally, Bridgeway Capital Management LLC grew its position in Biglari by 1.1% during the first quarter. Bridgeway Capital Management LLC now owns 15,633 shares of the restaurant operator's stock worth $3,385,000 after buying an additional 165 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.
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.
See Also
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