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 $208.56 and traded as high as $217.98. Biglari shares last traded at $211.92, with a volume of 3,503 shares changing hands.
Analysts Set New Price Targets
Separately, StockNews.com cut Biglari from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th.
Check Out Our Latest Research Report on Biglari
Biglari Trading Down 5.7 %
The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.44 and a current ratio of 1.47. The company has a market cap of $480.86 million, a price-to-earnings ratio of 1.20 and a beta of 0.69. The company's fifty day moving average is $228.27 and its two-hundred day moving average is $208.95.
Biglari (NYSE:BH - Get Free Report) last issued its earnings results on Saturday, March 1st. The restaurant operator reported ($36.60) earnings per share (EPS) for the quarter. The business had revenue of $91.12 million for the quarter. Biglari had a return on equity of 16.03% and a net margin of 14.14%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of BH. Empowered Funds LLC lifted its stake in shares of Biglari by 4.6% in the 3rd quarter. Empowered Funds LLC now owns 9,118 shares of the restaurant operator's stock valued at $1,568,000 after purchasing an additional 402 shares during the period. Barclays PLC raised its position in shares of Biglari by 78.6% in the third quarter. Barclays PLC now owns 1,974 shares of the restaurant operator's stock worth $340,000 after acquiring an additional 869 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Biglari by 48.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 845 shares of the restaurant operator's stock worth $145,000 after acquiring an additional 277 shares in the last quarter. Ritholtz Wealth Management grew its position in shares of Biglari by 17.0% during the 4th quarter. Ritholtz Wealth Management now owns 1,404 shares of the restaurant operator's stock valued at $357,000 after acquiring an additional 204 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Biglari in the 4th quarter worth about $115,000. 74.30% of the stock is owned by institutional investors and hedge funds.
Biglari Company Profile
(
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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