Biglari (NYSE:BH – Get Free Report) released its quarterly earnings data on Friday. The restaurant operator reported $3.91 EPS for the quarter, FiscalAI reports. The firm had revenue of $112.07 million for the quarter. Biglari had a negative net margin of 7.33% and a positive return on equity of 5.70%.
Biglari Stock Performance
Shares of BH stock opened at $322.56 on Friday. Biglari has a 52 week low of $234.91 and a 52 week high of $483.60. The company has a market capitalization of $751.56 million, a price-to-earnings ratio of -3.80 and a beta of 0.67. The company has a 50-day simple moving average of $373.99 and a 200 day simple moving average of $356.34. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.42 and a current ratio of 2.45.
Institutional Investors Weigh In On Biglari
Several hedge funds have recently bought and sold shares of BH. Strs Ohio grew its holdings in shares of Biglari by 5.6% during the 1st quarter. Strs Ohio now owns 1,900 shares of the restaurant operator’s stock valued at $626,000 after purchasing an additional 100 shares during the last quarter. Bank of America Corp DE lifted its stake in Biglari by 72.1% in the 1st quarter. Bank of America Corp DE now owns 1,287 shares of the restaurant operator’s stock valued at $424,000 after purchasing an additional 539 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Biglari in the second quarter valued at approximately $282,000. Swiss National Bank acquired a new stake in Biglari in the first quarter valued at approximately $475,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Biglari during the fourth quarter worth $498,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Biglari Company Profile
Biglari Holdings Inc is a diversified holding company that owns and operates businesses in the restaurant, insurance, media and investment-management industries. The company is best known for its ownership of Steak ‘n Shake, a casual dining restaurant chain specializing in steakburgers, fries and milkshakes, and Western Sizzlin, a steakhouse and buffet restaurant business.
Through its insurance operations, Biglari Holdings provides commercial trucking coverage and related property and casualty insurance products.
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