Biglari (NYSE:BH) Share Price Crosses Above 200 Day Moving Average of $165.45

Biglari Holdings Inc. (NYSE:BH - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $165.45 and traded as high as $203.00. Biglari shares last traded at $201.02, with a volume of 4,949 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. StockNews.com upgraded shares of Biglari from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 28th. TheStreet upgraded shares of Biglari from a "c" rating to a "b-" rating in a research note on Tuesday, February 27th.

Biglari Price Performance

The stock has a market capitalization of $461.70 million, a P/E ratio of 1.08 and a beta of 0.81. The company has a current ratio of 1.37, a quick ratio of 1.35 and a debt-to-equity ratio of 0.14. The company has a fifty day simple moving average of $185.61 and a two-hundred day simple moving average of $165.75.

Biglari (NYSE:BH - Get Free Report) last announced its quarterly earnings results on Saturday, February 24th. The restaurant operator reported $154.05 EPS for the quarter. The company had revenue of $90.67 million during the quarter. Biglari had a return on equity of 9.18% and a net margin of 15.04%.

Insider Activity at Biglari

In other Biglari news, CEO Sardar Biglari acquired 674 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The stock was acquired at an average cost of $232.44 per share, for a total transaction of $156,664.56. Following the transaction, the chief executive officer now owns 1,268,412 shares of the company's stock, valued at $294,829,685.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders acquired 10,574 shares of company stock worth $2,392,064. 71.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Biglari

A number of institutional investors and hedge funds have recently made changes to their positions in BH. Marquette Asset Management LLC raised its stake in Biglari by 2.3% in the 4th quarter. Marquette Asset Management LLC now owns 3,070 shares of the restaurant operator's stock valued at $506,000 after acquiring an additional 70 shares during the period. Barclays PLC raised its stake in Biglari by 20.5% in the 3rd quarter. Barclays PLC now owns 447 shares of the restaurant operator's stock valued at $74,000 after acquiring an additional 76 shares during the period. Acuitas Investments LLC raised its stake in Biglari by 1.0% in the 4th quarter. Acuitas Investments LLC now owns 14,455 shares of the restaurant operator's stock valued at $2,384,000 after acquiring an additional 144 shares during the period. Strs Ohio raised its stake in Biglari by 7.1% in the 3rd quarter. Strs Ohio now owns 3,000 shares of the restaurant operator's stock valued at $498,000 after acquiring an additional 200 shares during the period. Finally, O Shaughnessy Asset Management LLC raised its stake in Biglari by 5.2% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 4,076 shares of the restaurant operator's stock valued at $677,000 after acquiring an additional 202 shares during the period. Institutional investors own 74.30% of the company's stock.

Biglari Company 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.