Biglari (NYSE:BH) Rating Lowered to Hold at StockNews.com

Biglari (NYSE:BH) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Tuesday.

Biglari Trading Up 0.5 %

NYSE BH opened at $223.04 on Tuesday. Biglari has a 12 month low of $159.69 and a 12 month high of $271.35. 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 stock’s fifty day moving average price is $236.19 and its 200-day moving average price is $206.09. The stock has a market cap of $507.64 million, a P/E ratio of 1.26 and a beta of 0.71.

Biglari (NYSE:BH) last announced its quarterly earnings data on Saturday, March 1st. The restaurant operator reported ($36.60) EPS for the quarter. The firm had revenue of $91.12 million for the quarter. Biglari had a net margin of 14.14% and a return on equity of 16.03%.

Insider Buying and Selling

In other Biglari news, CEO Sardar Biglari bought 817 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was acquired at an average price of $366.99 per share, with a total value of $299,830.83. Following the transaction, the chief executive officer now owns 1,319,993 shares in the company, valued at $484,424,231.07. This represents a 0.06 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 71.40% of the stock is owned by company insiders.

Institutional Trading of Biglari

Large investors have recently made changes to their positions in the stock. Los Angeles Capital Management LLC lifted its position in Biglari by 2.0% during the third quarter. Los Angeles Capital Management LLC now owns 4,418 shares of the restaurant operator’s stock valued at $760,000 after purchasing an additional 88 shares during the period. Empowered Funds LLC lifted its holdings in shares of Biglari by 4.6% during the 3rd quarter. Empowered Funds LLC now owns 9,118 shares of the restaurant operator’s stock valued at $1,568,000 after buying an additional 402 shares during the period. Barclays PLC boosted its stake in shares of Biglari by 78.6% in the 3rd quarter. Barclays PLC now owns 1,974 shares of the restaurant operator’s stock worth $340,000 after buying an additional 869 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Biglari by 48.8% in the third quarter. JPMorgan Chase & Co. now owns 845 shares of the restaurant operator’s stock worth $145,000 after acquiring an additional 277 shares during the period. Finally, Ritholtz Wealth Management grew its holdings in shares of Biglari by 17.0% in the fourth quarter. Ritholtz Wealth Management now owns 1,404 shares of the restaurant operator’s stock worth $357,000 after acquiring an additional 204 shares during the period. 74.30% of the stock is currently owned by institutional investors.

About Biglari

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.