Biglari Holdings Inc. (NYSE:BH - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-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 Analyst Weigh In
Separately, Wall Street Zen raised Biglari from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 16th.
View Our Latest Stock Report on BH
Biglari Trading Down 2.5%
The company has a debt-to-equity ratio of 0.16, a current ratio of 1.38 and a quick ratio of 1.35. The business has a 50 day moving average of $299.34 and a 200 day moving average of $256.37. The firm has a market capitalization of $710.63 million, a price-to-earnings ratio of 2.13 and a beta of 0.80.
Biglari (NYSE:BH - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The restaurant operator reported $9.17 EPS for the quarter. Biglari had a return on equity of 5.28% and a net margin of 10.48%.The business had revenue of $100.62 million during the quarter.
Institutional Investors Weigh In On Biglari
Institutional investors have recently made changes to their positions in the stock. Cerity Partners LLC acquired a new stake in shares of Biglari during the first quarter worth $453,000. GAMMA Investing LLC grew its stake in Biglari by 17,220.0% in the first quarter. GAMMA Investing LLC now owns 866 shares of the restaurant operator's stock valued at $188,000 after acquiring an additional 861 shares during the period. Ritholtz Wealth Management grew its stake in Biglari by 131.5% in the first quarter. Ritholtz Wealth Management now owns 3,250 shares of the restaurant operator's stock valued at $704,000 after acquiring an additional 1,846 shares during the period. Nuveen Asset Management LLC grew its stake 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 during the period. Finally, Deutsche Bank AG acquired a new position in Biglari in the fourth quarter valued at about $44,000. 74.30% of the stock is owned by institutional investors and hedge funds.
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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