AQR Capital Management LLC Buys 816 Shares of Biglari Holdings Inc. (BH)

AQR Capital Management LLC boosted its position in shares of Biglari Holdings Inc. (NYSE:BH) by 51.9% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 2,388 shares of the restaurant operator’s stock after buying an additional 816 shares during the period. AQR Capital Management LLC owned approximately 0.12% of Biglari Holdings worth $1,032,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Norges Bank purchased a new position in shares of Biglari Holdings during the fourth quarter worth approximately $11,798,000. River Road Asset Management LLC boosted its position in shares of Biglari Holdings by 13.9% in the first quarter. River Road Asset Management LLC now owns 76,407 shares of the restaurant operator’s stock worth $33,006,000 after buying an additional 9,319 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Biglari Holdings by 5.2% in the first quarter. Vanguard Group Inc. now owns 91,146 shares of the restaurant operator’s stock worth $39,374,000 after buying an additional 4,530 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Biglari Holdings by 165.1% in the fourth quarter. Renaissance Technologies LLC now owns 6,070 shares of the restaurant operator’s stock worth $2,872,000 after buying an additional 3,780 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Biglari Holdings by 21.4% in the first quarter. Dimensional Fund Advisors LP now owns 20,231 shares of the restaurant operator’s stock worth $8,738,000 after buying an additional 3,572 shares in the last quarter. 91.07% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Biglari Holdings Inc. (NYSE:BH) opened at 302.87 on Friday. Biglari Holdings Inc. has a one year low of $300.21 and a one year high of $491.74. The stock has a market cap of $626.03 million, a PE ratio of 23.03 and a beta of 0.32. The company’s 50-day moving average price is $368.48 and its 200-day moving average price is $404.47.

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

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

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).

Institutional Ownership by Quarter for Biglari Holdings (NYSE:BH)

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