Biglari Holdings Inc (BH) Shares Bought by River Road Asset Management LLC

River Road Asset Management LLC grew its holdings in shares of Biglari Holdings Inc (NYSE:BH) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 66,342 shares of the restaurant operator’s stock after buying an additional 2,028 shares during the period. River Road Asset Management LLC’s holdings in Biglari were worth $27,492,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of BH. First Manhattan Co. purchased a new position in shares of Biglari during the third quarter valued at approximately $116,000. BNP Paribas Arbitrage SA grew its stake in Biglari by 59.3% in the third quarter. BNP Paribas Arbitrage SA now owns 513 shares of the restaurant operator’s stock worth $171,000 after purchasing an additional 191 shares during the period. Municipal Employees Retirement System of Michigan grew its stake in Biglari by 31.1% in the third quarter. Municipal Employees Retirement System of Michigan now owns 590 shares of the restaurant operator’s stock worth $197,000 after purchasing an additional 140 shares during the period. JPMorgan Chase & Co. grew its stake in Biglari by 4.7% in the second quarter. JPMorgan Chase & Co. now owns 553 shares of the restaurant operator’s stock worth $221,000 after purchasing an additional 25 shares during the period. Finally, Thrivent Financial For Lutherans grew its stake in Biglari by 7.0% in the second quarter. Thrivent Financial For Lutherans now owns 608 shares of the restaurant operator’s stock worth $243,000 after purchasing an additional 40 shares during the period. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Separately, TheStreet cut Biglari from a “c” rating to a “d+” rating in a research note on Monday, November 6th.

In other news, Director Sardar Biglari purchased 654 shares of Biglari stock in a transaction that occurred on Monday, November 20th. The shares were bought at an average cost of $334.97 per share, with a total value of $219,070.38. Following the completion of the purchase, the director now directly owns 1 shares in the company, valued at $334.97. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders purchased 40,824 shares of company stock worth $16,351,185. 51.20% of the stock is owned by insiders.

Shares of Biglari Holdings Inc (BH) opened at $388.72 on Friday. The firm has a market capitalization of $825.06, a price-to-earnings ratio of 9.43 and a beta of 0.41. Biglari Holdings Inc has a 12 month low of $290.05 and a 12 month high of $451.15. The company has a quick ratio of 0.79, a current ratio of 0.85 and a debt-to-equity ratio of 0.51.

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Biglari Profile

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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Institutional Ownership by Quarter for Biglari (NYSE:BH)

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