Russell Investments Group Ltd. Purchases 240 Shares of Biglari Holdings Inc. (BH)
Russell Investments Group Ltd. boosted its position in Biglari Holdings Inc. (NYSE:BH) by 15.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,806 shares of the restaurant operator’s stock after acquiring an additional 240 shares during the period. Russell Investments Group Ltd. owned 0.09% of Biglari Holdings worth $722,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Strs Ohio bought a new position in Biglari Holdings in the first quarter valued at about $734,000. Schwab Charles Investment Management Inc. boosted its holdings in Biglari Holdings by 4.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 3,836 shares of the restaurant operator’s stock valued at $1,658,000 after acquiring an additional 171 shares during the last quarter. Cornerstone Capital Management Holdings LLC. bought a new position in Biglari Holdings in the first quarter valued at about $209,000. Ameriprise Financial Inc. boosted its holdings in Biglari Holdings by 12.8% in the first quarter. Ameriprise Financial Inc. now owns 13,774 shares of the restaurant operator’s stock valued at $5,950,000 after acquiring an additional 1,562 shares during the last quarter. Finally, Comerica Bank boosted its holdings in Biglari Holdings by 3.7% in the first quarter. Comerica Bank now owns 954 shares of the restaurant operator’s stock valued at $423,000 after acquiring an additional 34 shares during the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.
Separately, TheStreet upgraded Biglari Holdings from a “d+” rating to a “c-” rating in a report on Monday, July 3rd.
Biglari Holdings Inc. (BH) traded up 3.67% during trading on Friday, reaching $317.24. The company had a trading volume of 10,229 shares. The firm has a market capitalization of $655.74 million, a PE ratio of 24.12 and a beta of 0.37. The firm’s 50 day moving average price is $318.84 and its 200 day moving average price is $386.69. Biglari Holdings Inc. has a 12-month low of $290.05 and a 12-month high of $491.74.
Biglari Holdings (NYSE:BH) last issued its earnings results on Friday, August 4th. The restaurant operator reported $17.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $14.28. Biglari Holdings had a return on equity of 3.15% and a net margin of 1.92%. The business had revenue of $212.95 million during the quarter. Analysts anticipate that Biglari Holdings Inc. will post ($2.07) earnings per share for the current year.
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Biglari Holdings Company Profile
Biglari Holdings Inc is a holding company owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants The Company’s segments include Restaurant Operations, First Guard, Maxim, Other and Corporate. The Company’s restaurant operations’ activities are conducted through approximately two restaurant concepts operated by subsidiaries Steak n Shake Inc (Steak n Shake) and Western Sizzlin Corporation (Western).
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