Biglari Holdings Inc. (NYSE:BH - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $310.83 and last traded at $308.39, with a volume of 8983 shares traded. The stock had previously closed at $304.83.
Biglari Stock Performance
The firm has a 50 day moving average price of $270.06 and a 200-day moving average price of $241.00. The company has a quick ratio of 1.11, a current ratio of 1.14 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $720.82 million, a PE ratio of -1.44 and a beta of 0.79.
Biglari (NYSE:BH - Get Free Report) last announced its earnings results on Friday, May 9th. The restaurant operator reported $23.37 earnings per share for the quarter. Biglari had a positive return on equity of 4.27% and a negative net margin of 16.21%. The company had revenue of $95.04 million for the quarter.
Institutional Investors Weigh In On Biglari
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ritholtz Wealth Management raised its position in shares of Biglari by 131.5% during the first quarter. Ritholtz Wealth Management now owns 3,250 shares of the restaurant operator's stock worth $704,000 after purchasing an additional 1,846 shares during the period. GAMMA Investing LLC increased its holdings in Biglari by 17,220.0% in the 1st quarter. GAMMA Investing LLC now owns 866 shares of the restaurant operator's stock worth $188,000 after purchasing an additional 861 shares in the last quarter. Invesco Ltd. bought a new stake in shares of Biglari during the 4th quarter valued at about $4,019,000. Nuveen Asset Management LLC raised its stake in shares of Biglari by 1.0% in the fourth quarter. Nuveen Asset Management LLC now owns 16,821 shares of the restaurant operator's stock worth $4,277,000 after purchasing an additional 164 shares during the last quarter. Finally, Deutsche Bank AG bought a new stake in Biglari in the 4th quarter worth about $44,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
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
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
