Biglari Holdings Inc. (NYSE:BH - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $286.91 and last traded at $283.70, with a volume of 1846 shares traded. The stock had previously closed at $282.57.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded Biglari from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th.
Get Our Latest Report on Biglari
Biglari Price Performance
The firm has a market capitalization of $654.50 million, a P/E ratio of -1.30 and a beta of 0.74. The business's 50-day simple moving average is $243.38 and its 200 day simple moving average is $234.37. The company has a quick ratio of 1.11, a current ratio of 1.14 and a debt-to-equity ratio of 0.02.
Biglari (NYSE:BH - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The restaurant operator reported $23.37 EPS for the quarter. Biglari had a positive return on equity of 4.27% and a negative net margin of 16.21%. The firm had revenue of $95.04 million for the quarter.
Institutional Investors Weigh In On Biglari
Several institutional investors have recently added to or reduced their stakes in BH. Nuveen LLC purchased a new position in shares of Biglari during the first quarter valued at approximately $3,965,000. Nuveen Asset Management LLC boosted its holdings in Biglari by 1.0% in the fourth quarter. Nuveen Asset Management LLC now owns 16,821 shares of the restaurant operator's stock valued at $4,277,000 after acquiring an additional 164 shares in the last quarter. JPMorgan Chase & Co. increased its position in Biglari by 1,809.5% during the 4th quarter. JPMorgan Chase & Co. now owns 16,135 shares of the restaurant operator's stock valued at $4,103,000 after purchasing an additional 15,290 shares during the period. Invesco Ltd. bought a new position in Biglari in the 4th quarter worth $4,019,000. Finally, Bridgeway Capital Management LLC lifted its position in shares of Biglari by 1.1% in the 1st quarter. Bridgeway Capital Management LLC now owns 15,633 shares of the restaurant operator's stock worth $3,385,000 after purchasing an additional 165 shares during the period. Hedge funds and other institutional investors own 74.30% of the company's stock.
About Biglari
(
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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Biglari, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Biglari wasn't on the list.
While Biglari currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
