Shares of Biglari Holdings Inc. (NYSE:BH) have been assigned an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Zacks has also assigned Biglari Holdings an industry rank of 228 out of 265 based on the ratings given to its competitors.

Separately, TheStreet lowered shares of Biglari Holdings from a “c” rating to a “d+” rating in a report on Wednesday, May 17th.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company grew its holdings in shares of Biglari Holdings by 1.2% in the second quarter. The Manufacturers Life Insurance Company now owns 840 shares of the restaurant operator’s stock valued at $335,000 after purchasing an additional 10 shares during the period. State Street Corp grew its holdings in shares of Biglari Holdings by 2.8% in the second quarter. State Street Corp now owns 26,047 shares of the restaurant operator’s stock valued at $10,413,000 after purchasing an additional 720 shares during the period. Janus Henderson Group PLC purchased a new stake in shares of Biglari Holdings in the second quarter valued at about $42,364,000. People s United Financial Inc. grew its holdings in shares of Biglari Holdings by 24.1% in the second quarter. People s United Financial Inc. now owns 3,553 shares of the restaurant operator’s stock valued at $1,420,000 after purchasing an additional 689 shares during the period. Finally, Voya Investment Management LLC grew its holdings in shares of Biglari Holdings by 11.3% in the second quarter. Voya Investment Management LLC now owns 736 shares of the restaurant operator’s stock valued at $294,000 after purchasing an additional 75 shares during the period. 88.96% of the stock is owned by hedge funds and other institutional investors.

Biglari Holdings (BH) traded up 2.00% during trading on Friday, hitting $302.90. 7,360 shares of the company traded hands. The company’s 50-day moving average is $329.99 and its 200 day moving average is $391.37. Biglari Holdings has a 52-week low of $290.05 and a 52-week high of $491.74. The firm has a market cap of $626.09 million, a price-to-earnings ratio of 23.03 and a beta of 0.37.

Biglari Holdings (NYSE:BH) last released its earnings results on Friday, August 4th. The restaurant operator reported $17.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.89 by $14.28. Biglari Holdings had a net margin of 1.92% and a return on equity of 3.15%. The business had revenue of $212.95 million during the quarter. On average, equities analysts anticipate that Biglari Holdings will post ($2.07) earnings per share for the current year.

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About Biglari Holdings

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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