Biglari Holdings Inc. (NYSE:BH) Shares Acquired by Marquette Asset Management LLC

Marquette Asset Management LLC lifted its position in shares of Biglari Holdings Inc. (NYSE:BH) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,070 shares of the restaurant operator’s stock after purchasing an additional 70 shares during the period. Marquette Asset Management LLC owned about 0.13% of Biglari worth $506,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BH. Strs Ohio increased its stake in shares of Biglari by 7.1% in the third quarter. Strs Ohio now owns 3,000 shares of the restaurant operator’s stock worth $498,000 after buying an additional 200 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Biglari in the third quarter worth $55,000. Los Angeles Capital Management LLC increased its stake in shares of Biglari by 43.2% in the third quarter. Los Angeles Capital Management LLC now owns 5,566 shares of the restaurant operator’s stock worth $924,000 after buying an additional 1,680 shares during the last quarter. Barclays PLC increased its stake in shares of Biglari by 20.5% in the third quarter. Barclays PLC now owns 447 shares of the restaurant operator’s stock worth $74,000 after buying an additional 76 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Biglari by 17.0% in the third quarter. Janney Montgomery Scott LLC now owns 2,184 shares of the restaurant operator’s stock worth $363,000 after buying an additional 318 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BH has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Biglari from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 28th. TheStreet upgraded shares of Biglari from a “c” rating to a “b-” rating in a research note on Tuesday, February 27th.

Biglari Stock Performance

BH stock traded up $5.49 during trading on Friday, hitting $206.85. 2,359 shares of the company’s stock traded hands, compared to its average volume of 2,219. The company has a quick ratio of 1.35, a current ratio of 1.37 and a debt-to-equity ratio of 0.14. Biglari Holdings Inc. has a 52 week low of $137.01 and a 52 week high of $218.50. The stock has a fifty day moving average price of $188.56 and a two-hundred day moving average price of $166.64. The stock has a market capitalization of $471.62 million, a price-to-earnings ratio of 1.10 and a beta of 0.81.

Biglari (NYSE:BH) last released its earnings results on Saturday, February 24th. The restaurant operator reported $154.05 earnings per share for the quarter. Biglari had a net margin of 15.04% and a return on equity of 9.18%. The firm had revenue of $90.67 million during the quarter.

Insider Buying and Selling at Biglari

In other Biglari news, CEO Sardar Biglari bought 4,030 shares of the stock in a transaction on Friday, March 15th. The stock was purchased at an average price of $223.22 per share, for a total transaction of $899,576.60. Following the completion of the purchase, the chief executive officer now directly owns 1,277,216 shares in the company, valued at $285,100,155.52. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders acquired a total of 10,574 shares of company stock worth $2,392,064 over the last 90 days. Insiders own 71.40% of the company’s stock.

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.