Swiss National Bank Invests $475,000 in Biglari Holdings Inc. $BH

Swiss National Bank acquired a new position in Biglari Holdings Inc. (NYSE:BH) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,440 shares of the restaurant operator’s stock, valued at approximately $475,000. Swiss National Bank owned about 0.06% of Biglari as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BH. CWM LLC lifted its holdings in Biglari by 45.4% during the 4th quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock worth $47,000 after buying an additional 44 shares during the period. Deutsche Bank AG grew its position in shares of Biglari by 15.1% in the 4th quarter. Deutsche Bank AG now owns 419 shares of the restaurant operator’s stock valued at $139,000 after buying an additional 55 shares during the last quarter. Occudo Quantitative Strategies LP increased its stake in shares of Biglari by 6.9% in the third quarter. Occudo Quantitative Strategies LP now owns 1,011 shares of the restaurant operator’s stock valued at $327,000 after buying an additional 65 shares during the period. Wells Fargo & Company MN increased its stake in shares of Biglari by 9.5% in the fourth quarter. Wells Fargo & Company MN now owns 785 shares of the restaurant operator’s stock valued at $261,000 after buying an additional 68 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of Biglari by 608.3% during the third quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 73 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen raised Biglari from a “sell” rating to a “hold” rating in a research note on Sunday, May 17th.

Biglari Price Performance

BH stock opened at $395.58 on Friday. The firm has a market cap of $905.89 million, a price-to-earnings ratio of -5.43 and a beta of 0.63. The company has a quick ratio of 2.44, a current ratio of 2.47 and a debt-to-equity ratio of 0.61. Biglari Holdings Inc. has a 12-month low of $234.91 and a 12-month high of $483.60. The company’s fifty day simple moving average is $357.81 and its 200 day simple moving average is $350.42.

Biglari (NYSE:BH) last issued its quarterly earnings results on Friday, May 8th. The restaurant operator reported ($55.81) EPS for the quarter. Biglari had a negative net margin of 4.71% and a negative return on equity of 1.20%. The firm had revenue of $97.48 million for the quarter.

Insider Activity

In related news, major shareholder Sardar Biglari sold 132,421 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $17.27, for a total transaction of $2,286,910.67. Following the sale, the insider owned 3,644,979 shares in the company, valued at $62,948,787.33. This represents a 3.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders bought 54,952 shares of company stock valued at $14,098,396 and sold 457,703 shares valued at $7,722,138. 68.53% of the stock is owned by corporate insiders.

Biglari Profile

Biglari Holdings Inc is a diversified holding company that makes strategic investments and operates businesses across multiple industries, with a primary focus on the restaurant, insurance and media sectors. The company seeks to acquire controlling interests in undervalued enterprises and enhance long-term value through active management and operational improvements. Headquartered in San Antonio, Texas, Biglari Holdings approaches each acquisition with a value-oriented philosophy, emphasizing disciplined capital allocation and hands-on oversight.

In the restaurant segment, Biglari Holdings owns and operates Steak ‘n Shake, a national burger and milkshake chain founded in 1934, as well as Western Sizzlin, a buffet and steakhouse brand.