Biglari Holdings Inc. (NYSE:BH - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $213.14 and traded as high as $213.36. Biglari shares last traded at $202.76, with a volume of 3,331 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com lowered Biglari from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.
View Our Latest Stock Analysis on Biglari
Biglari Trading Up 2.0 %
The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.17. The firm's 50-day moving average is $223.61 and its 200 day moving average is $214.29. The firm has a market capitalization of $474.12 million, a price-to-earnings ratio of 1.18 and a beta of 0.75.
Biglari (NYSE:BH - Get Free Report) last issued its quarterly earnings results on Saturday, March 1st. The restaurant operator reported ($36.60) EPS for the quarter. The business had revenue of $91.12 million for the quarter. Biglari had a return on equity of 16.03% and a net margin of 14.14%.
Institutional Investors Weigh In On Biglari
Institutional investors and hedge funds have recently made changes to their positions in the stock. Atticus Wealth Management LLC bought a new stake in Biglari in the fourth quarter valued at approximately $25,000. Deutsche Bank AG acquired a new position in shares of Biglari in the 4th quarter worth approximately $44,000. Wells Fargo & Company MN boosted its stake in shares of Biglari by 28.2% in the 4th quarter. Wells Fargo & Company MN now owns 427 shares of the restaurant operator's stock valued at $109,000 after purchasing an additional 94 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Biglari during the fourth quarter worth $115,000. Finally, MetLife Investment Management LLC bought a new position in Biglari during the fourth quarter worth $117,000. 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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