Citadel Advisors LLC purchased a new stake in Biglari Holdings Inc (NYSE:BH) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 836 shares of the restaurant operator’s stock, valued at approximately $346,000.
Other large investors have also modified their holdings of the company. Janney Montgomery Scott LLC bought a new position in Biglari during the third quarter worth about $2,021,000. Dimensional Fund Advisors LP raised its stake in shares of Biglari by 18.0% in the third quarter. Dimensional Fund Advisors LP now owns 29,031 shares of the restaurant operator’s stock valued at $9,676,000 after acquiring an additional 4,426 shares during the last quarter. Check Capital Management Inc. CA raised its stake in shares of Biglari by 233.0% in the third quarter. Check Capital Management Inc. CA now owns 4,862 shares of the restaurant operator’s stock valued at $1,620,000 after acquiring an additional 3,402 shares during the last quarter. BB&T Securities LLC bought a new position in shares of Biglari in the third quarter valued at approximately $883,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Biglari by 18.5% in the fourth quarter. Bank of New York Mellon Corp now owns 14,929 shares of the restaurant operator’s stock valued at $6,186,000 after acquiring an additional 2,336 shares during the last quarter. 91.60% of the stock is currently owned by institutional investors.
Biglari Holdings Inc (BH) opened at $425.00 on Tuesday. Biglari Holdings Inc has a one year low of $290.05 and a one year high of $451.15. The company has a quick ratio of 0.78, a current ratio of 0.83 and a debt-to-equity ratio of 0.45. The stock has a market cap of $886.59, a P/E ratio of 10.14 and a beta of 0.38.
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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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