Biglari Holdings Inc. (NYSE:BH) Shares Bought by Nuveen Asset Management LLC

Nuveen Asset Management LLC grew its holdings in shares of Biglari Holdings Inc. (NYSE:BH) by 1.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,821 shares of the restaurant operator’s stock after purchasing an additional 164 shares during the period. Nuveen Asset Management LLC owned 0.74% of Biglari worth $4,277,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of BH. Invesco Ltd. bought a new position in shares of Biglari during the fourth quarter worth about $4,019,000. JPMorgan Chase & Co. grew its position in shares of Biglari by 1,809.5% during the fourth quarter. JPMorgan Chase & Co. now owns 16,135 shares of the restaurant operator’s stock worth $4,103,000 after acquiring an additional 15,290 shares during the last quarter. Peapod Lane Capital LLC bought a new position in shares of Biglari during the fourth quarter worth about $3,705,000. Allspring Global Investments Holdings LLC bought a new position in shares of Biglari during the fourth quarter worth about $680,000. Finally, Bailard Inc. bought a new position in shares of Biglari during the fourth quarter worth about $307,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Biglari from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th.

Biglari Stock Performance

Shares of BH opened at $247.88 on Friday. The firm has a 50-day moving average price of $227.33 and a 200 day moving average price of $228.89. The firm has a market capitalization of $564.17 million, a PE ratio of 1.40 and a beta of 0.74. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. Biglari Holdings Inc. has a 52-week low of $159.69 and a 52-week high of $271.35.

Biglari (NYSE:BH) last announced its earnings results on Friday, May 9th. The restaurant operator reported $23.37 earnings per share (EPS) for the quarter. The firm had revenue of $95.04 million during the quarter. Biglari had a net margin of 14.14% and a return on equity of 16.03%.

Biglari Company Profile

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.