Shares of Biglari Holdings Inc (NYSE:BH) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.
Zacks has also assigned Biglari an industry rank of 91 out of 265 based on the ratings given to its competitors.
Separately, TheStreet lowered Biglari from a “c” rating to a “d+” rating in a research note on Monday, November 6th.
Large investors have recently made changes to their positions in the company. First Manhattan Co. acquired a new stake in shares of Biglari in the third quarter valued at $116,000. BNP Paribas Arbitrage SA increased its stake in shares of Biglari by 59.3% in the third quarter. BNP Paribas Arbitrage SA now owns 513 shares of the restaurant operator’s stock valued at $171,000 after buying an additional 191 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of Biglari by 31.1% in the third quarter. Municipal Employees Retirement System of Michigan now owns 590 shares of the restaurant operator’s stock valued at $197,000 after buying an additional 140 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Biglari by 4.7% in the second quarter. JPMorgan Chase & Co. now owns 553 shares of the restaurant operator’s stock valued at $221,000 after buying an additional 25 shares in the last quarter. Finally, Thrivent Financial For Lutherans increased its stake in shares of Biglari by 7.0% in the second quarter. Thrivent Financial For Lutherans now owns 608 shares of the restaurant operator’s stock valued at $243,000 after buying an additional 40 shares in the last quarter. Institutional investors own 87.29% of the company’s stock.
Biglari (NYSE BH) opened at $394.99 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.79 and a current ratio of 0.85. Biglari has a 12 month low of $290.05 and a 12 month high of $451.15. The stock has a market capitalization of $831.97, a price-to-earnings ratio of 9.34 and a beta of 0.41.
ILLEGAL ACTIVITY NOTICE: “Zacks: Biglari Holdings Inc (BH) Receives Average Rating of “Hold” from Brokerages” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece can be read at https://www.americanbankingnews.com/2018/02/14/zacks-biglari-holdings-inc-bh-receives-average-rating-of-hold-from-brokerages.html.
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).
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Biglari Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Biglari and related companies with MarketBeat.com's FREE daily email newsletter.