Biglari (NYSE:BH) Earns Strong-Buy Rating from Analysts at

Investment analysts at initiated coverage on shares of Biglari (NYSE:BHGet Rating) in a research report issued on Thursday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Biglari Price Performance

BH opened at $174.14 on Thursday. Biglari has a 1-year low of $113.76 and a 1-year high of $184.21. The business has a 50 day moving average price of $164.79 and a two-hundred day moving average price of $144.51. The company has a market capitalization of $396.34 million, a price-to-earnings ratio of -1.68 and a beta of 0.81.

Institutional Trading of Biglari

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lazard Asset Management LLC acquired a new stake in Biglari in the 1st quarter valued at $28,000. UBS Group AG acquired a new position in Biglari in the 4th quarter valued at approximately $28,000. BNP Paribas Arbitrage SNC increased its position in shares of Biglari by 81.0% during the third quarter. BNP Paribas Arbitrage SNC now owns 342 shares of the restaurant operator’s stock worth $40,000 after buying an additional 153 shares during the period. Barclays PLC boosted its stake in Biglari by 14.6% during the fourth quarter. Barclays PLC now owns 1,315 shares of the restaurant operator’s stock worth $182,000 after acquiring an additional 168 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of Biglari in the fourth quarter valued at $216,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

About Biglari

(Get Rating)

Biglari Holdings, Inc engages in diverse business such as property and casualty insurance, media and licensing, restaurants, and oil and gas. It operates through the following segments: Restaurant Operations, Insurance, Southern Oil, and Maxim. The Restaurant Operations segment operations include Steak n Shake and Western Sizzlin.

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