JPMorgan Chase & Co. Has $4.10 Million Stock Position in Biglari Holdings Inc. (NYSE:BH)

JPMorgan Chase & Co. increased its position in Biglari Holdings Inc. (NYSE:BH - Free Report) by 1,809.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,135 shares of the restaurant operator's stock after purchasing an additional 15,290 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.71% of Biglari worth $4,103,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Peapod Lane Capital LLC bought a new position in shares of Biglari during the 4th quarter worth approximately $3,705,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in Biglari by 0.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,887 shares of the restaurant operator's stock worth $3,023,000 after acquiring an additional 98 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Biglari by 1.6% during the fourth quarter. Empowered Funds LLC now owns 9,268 shares of the restaurant operator's stock valued at $2,357,000 after acquiring an additional 150 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Biglari in the 4th quarter valued at $680,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Biglari by 5.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,327 shares of the restaurant operator's stock worth $592,000 after purchasing an additional 124 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Biglari from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.

Biglari Price Performance

Shares of BH stock traded down $0.71 during trading hours on Friday, hitting $226.28. 13,332 shares of the company's stock were exchanged, compared to its average volume of 4,992. Biglari Holdings Inc. has a 52 week low of $159.69 and a 52 week high of $271.35. The stock has a market cap of $515.01 million, a price-to-earnings ratio of 1.28 and a beta of 0.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.44. The stock's 50-day moving average is $220.17 and its 200-day moving average is $216.73.

Biglari (NYSE:BH - Get Free Report) last posted its quarterly earnings data on Saturday, March 1st. The restaurant operator reported ($36.60) earnings per share for the quarter. Biglari had a net margin of 14.14% and a return on equity of 16.03%. The company had revenue of $91.12 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.