Swiss National Bank Invests $475,000 in Biglari Holdings Inc. $BH

Swiss National Bank acquired a new stake in Biglari Holdings Inc. (NYSE:BH) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,440 shares of the restaurant operator’s stock, valued at approximately $475,000.

Several other hedge funds also recently modified their holdings of the stock. Y Intercept Hong Kong Ltd acquired a new position in shares of Biglari during the 1st quarter valued at $1,404,000. Strs Ohio grew its holdings in Biglari by 5.6% in the first quarter. Strs Ohio now owns 1,900 shares of the restaurant operator’s stock worth $626,000 after purchasing an additional 100 shares during the period. SG Americas Securities LLC acquired a new stake in Biglari in the first quarter worth $500,000. Hsbc Holdings PLC bought a new stake in Biglari in the fourth quarter valued at $498,000. Finally, Empowered Funds LLC increased its stake in Biglari by 8.0% in the fourth quarter. Empowered Funds LLC now owns 11,607 shares of the restaurant operator’s stock valued at $3,859,000 after purchasing an additional 863 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Insider Transactions at Biglari

In other Biglari news, major shareholder Sardar Biglari sold 6,611 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $16.71, for a total transaction of $110,469.81. Following the completion of the sale, the insider owned 116,695 shares in the company, valued at approximately $1,949,973.45. The trade was a 5.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have acquired 54,952 shares of company stock valued at $14,098,396 and have sold 457,703 shares valued at $7,722,138. Insiders own 68.53% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Biglari from a “sell” rating to a “hold” rating in a report on Sunday, May 17th.

Biglari Trading Down 0.9%

Shares of Biglari stock opened at $395.58 on Friday. The stock has a market capitalization of $905.89 million, a PE ratio of -5.43 and a beta of 0.63. Biglari Holdings Inc. has a 52 week low of $234.91 and a 52 week high of $483.60. The stock has a 50 day moving average price of $357.81 and a two-hundred day moving average price of $350.42. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47.

Biglari (NYSE:BH) last issued its earnings results on Friday, May 8th. The restaurant operator reported ($55.81) earnings per share for the quarter. Biglari had a negative return on equity of 1.20% and a negative net margin of 4.71%.The firm had revenue of $97.48 million for the quarter.

About Biglari

Biglari Holdings Inc is a diversified holding company that makes strategic investments and operates businesses across multiple industries, with a primary focus on the restaurant, insurance and media sectors. The company seeks to acquire controlling interests in undervalued enterprises and enhance long-term value through active management and operational improvements. Headquartered in San Antonio, Texas, Biglari Holdings approaches each acquisition with a value-oriented philosophy, emphasizing disciplined capital allocation and hands-on oversight.

In the restaurant segment, Biglari Holdings owns and operates Steak ‘n Shake, a national burger and milkshake chain founded in 1934, as well as Western Sizzlin, a buffet and steakhouse brand.