Shares of Biglari Holdings Inc. (NYSE:BH - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $254.27 and traded as high as $312.33. Biglari shares last traded at $303.23, with a volume of 46,464 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded Biglari from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 16th.
View Our Latest Analysis on BH
Biglari Stock Performance
The company has a market capitalization of $710.63 million, a P/E ratio of 2.13 and a beta of 0.80. The firm has a 50 day moving average price of $299.34 and a two-hundred day moving average price of $256.14. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.35 and a current ratio of 1.38.
Biglari (NYSE:BH - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The restaurant operator reported $9.17 EPS for the quarter. The business had revenue of $100.62 million during the quarter. Biglari had a net margin of 10.48% and a return on equity of 5.28%.
Hedge Funds Weigh In On Biglari
A number of hedge funds have recently modified their holdings of the business. Nuveen LLC acquired a new position in shares of Biglari during the first quarter worth $3,965,000. Nuveen Asset Management LLC grew its position in Biglari by 1.0% in the 4th 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 in the last quarter. Bridgeway Capital Management LLC grew its position in Biglari by 4.1% in the 2nd quarter. Bridgeway Capital Management LLC now owns 16,278 shares of the restaurant operator's stock worth $4,757,000 after purchasing an additional 645 shares in the last quarter. Peapod Lane Capital LLC grew its position in shares of Biglari by 0.3% during the 2nd quarter. Peapod Lane Capital LLC now owns 13,876 shares of the restaurant operator's stock valued at $4,055,000 after acquiring an additional 47 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Biglari by 5.0% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 12,626 shares of the restaurant operator's stock valued at $3,689,000 after acquiring an additional 597 shares during the period. Institutional investors and hedge funds 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.
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