Shares of Biglari Holdings Inc. (NYSE:BH - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $220.43 and traded as high as $235.72. Biglari shares last traded at $233.93, with a volume of 6,095 shares traded.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut Biglari from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.
View Our Latest Stock Report on Biglari
Biglari Stock Performance
The firm has a 50 day moving average of $218.99 and a two-hundred day moving average of $222.30. The stock has a market cap of $547.21 million, a PE ratio of 1.36 and a beta of 0.74. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.44.
Biglari (NYSE:BH - Get Free Report) last posted its earnings results on Friday, May 9th. The restaurant operator reported $23.37 earnings per share 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.
Institutional Trading of Biglari
Several institutional investors and hedge funds have recently made changes to their positions in the company. Nuveen Asset Management LLC lifted its holdings in shares of Biglari by 1.0% in the 4th quarter. Nuveen Asset Management LLC now owns 16,821 shares of the restaurant operator's stock valued at $4,277,000 after purchasing an additional 164 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Biglari by 1,809.5% in 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 last quarter. Invesco Ltd. purchased a new stake in Biglari during the 4th quarter valued at approximately $4,019,000. Bridgeway Capital Management LLC raised its stake in Biglari by 1.0% during the 4th quarter. Bridgeway Capital Management LLC now owns 15,468 shares of the restaurant operator's stock valued at $3,933,000 after acquiring an additional 150 shares during the last quarter. Finally, Peapod Lane Capital LLC purchased a new stake in Biglari during the 4th quarter valued at approximately $3,705,000. 74.30% of the stock is owned by hedge funds and other institutional investors.
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.
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