2,300 Shares in Biglari Holdings Inc. $BH Bought by Strs Ohio

Key Points

• Strs Ohio has invested approximately $498,000 in Biglari Holdings Inc., acquiring 2,300 shares of the restaurant operator's stock, which represents 0.10% ownership.
• Biglari recently reported earnings of $9.17 per share with revenues of $100.62 million, and it has a market capitalization of $713.79 million.
• Institutional ownership of Biglari Holdings is at 74.30%, with notable investments from other hedge funds in the first quarter.

Strs Ohio purchased a new position in shares of Biglari Holdings Inc. (NYSE:BH - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,300 shares of the restaurant operator's stock, valued at approximately $498,000. Strs Ohio owned about 0.10% of Biglari as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Deutsche Bank AG bought a new position in shares of Biglari during the fourth quarter worth about $44,000. Jones Financial Companies Lllp acquired a new stake in Biglari during the first quarter worth about $64,000. Bartlett & CO. Wealth Management LLC acquired a new stake in Biglari during the first quarter worth about $109,000. GAMMA Investing LLC raised its stake in Biglari by 17,220.0% during the first quarter. GAMMA Investing LLC now owns 866 shares of the restaurant operator's stock worth $188,000 after acquiring an additional 861 shares during the period. Finally, Jane Street Group LLC acquired a new stake in Biglari during the first quarter worth about $257,000. Institutional investors own 74.30% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Biglari from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 13th.

Biglari Trading Up 0.2%

Biglari stock traded up $0.65 during midday trading on Monday, reaching $313.01. The stock had a trading volume of 12,125 shares, compared to its average volume of 20,580. The firm's fifty day simple moving average is $305.30 and its two-hundred day simple moving average is $264.74. Biglari Holdings Inc. has a twelve month low of $164.60 and a twelve month high of $328.65. 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 firm has a market cap of $713.65 million, a price-to-earnings ratio of 2.14 and a beta of 0.80.

Biglari (NYSE:BH - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The restaurant operator reported $9.17 EPS for the quarter. Biglari had a net margin of 10.48% and a return on equity of 5.28%. The firm had revenue of $100.62 million during the quarter.

Biglari Profile

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.