Invesco Ltd. Invests $4.02 Million in Biglari Holdings Inc. (NYSE:BH)

Invesco Ltd. purchased a new stake in Biglari Holdings Inc. (NYSE:BH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 15,805 shares of the restaurant operator's stock, valued at approximately $4,019,000. Invesco Ltd. owned approximately 0.69% of Biglari as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Barclays PLC lifted its holdings in Biglari by 78.6% during the third quarter. Barclays PLC now owns 1,974 shares of the restaurant operator's stock valued at $340,000 after purchasing an additional 869 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Biglari by 48.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 845 shares of the restaurant operator's stock worth $145,000 after buying an additional 277 shares during the last quarter. Ritholtz Wealth Management raised its holdings in shares of Biglari by 17.0% during the fourth 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 last quarter. SG Americas Securities LLC purchased a new position in shares of Biglari in the fourth quarter valued at approximately $115,000. Finally, Atticus Wealth Management LLC acquired a new stake in shares of Biglari in the fourth quarter worth approximately $25,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Wall Street Analysts Forecast Growth

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

Biglari Stock Performance

NYSE:BH opened at $222.89 on Monday. Biglari Holdings Inc. has a twelve month low of $159.69 and a twelve month high of $271.35. The company has a market cap of $507.30 million, a P/E ratio of 1.26 and a beta of 0.75. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.17. The company's 50-day moving average price is $219.83 and its 200-day moving average price is $217.77.

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

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.

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