Biglari Holdings Inc. (NYSE:BH - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $301.31 and last traded at $301.82, with a volume of 18893 shares trading hands. The stock had previously closed at $295.50.
Biglari Stock Performance
The company has a market capitalization of $674.24 million, a PE ratio of -1.34 and a beta of 0.79. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.11 and a current ratio of 1.14. The stock's fifty day simple moving average is $262.77 and its 200-day simple moving average is $239.59.
Biglari (NYSE:BH - Get Free Report) last released its earnings results on Friday, May 9th. The restaurant operator reported $23.37 earnings per share (EPS) for the quarter. The company had revenue of $95.04 million for the quarter. Biglari had a negative net margin of 16.21% and a positive return on equity of 4.27%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its holdings in Biglari by 5.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,327 shares of the restaurant operator's stock valued at $592,000 after buying an additional 124 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Biglari by 0.8% in 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 buying an additional 98 shares during the period. LPL Financial LLC purchased a new position in Biglari in the fourth quarter valued at approximately $279,000. JPMorgan Chase & Co. grew its position in Biglari by 1,809.5% in the fourth quarter. JPMorgan Chase & Co. now owns 16,135 shares of the restaurant operator's stock valued at $4,103,000 after acquiring an additional 15,290 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its position in Biglari by 12.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,759 shares of the restaurant operator's stock valued at $702,000 after acquiring an additional 306 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.
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