Charles Schwab Investment Management Inc. Has $592,000 Stock Position in Biglari Holdings Inc. (NYSE:BH)

Charles Schwab Investment Management Inc. boosted its stake in shares of Biglari Holdings Inc. (NYSE:BH) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,327 shares of the restaurant operator’s stock after purchasing an additional 124 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.10% of Biglari worth $592,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Atticus Wealth Management LLC acquired a new position in shares of Biglari during the fourth quarter valued at about $25,000. SG Americas Securities LLC bought a new stake in shares of Biglari in the 4th quarter worth approximately $115,000. JPMorgan Chase & Co. grew its holdings in shares of Biglari by 48.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 845 shares of the restaurant operator’s stock worth $145,000 after purchasing an additional 277 shares in the last quarter. Rhumbline Advisers increased its position in shares of Biglari by 10.0% during the fourth quarter. Rhumbline Advisers now owns 1,139 shares of the restaurant operator’s stock valued at $290,000 after purchasing an additional 104 shares during the period. Finally, Bailard Inc. acquired a new position in shares of Biglari in the fourth quarter valued at $307,000. 74.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Biglari from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th.

Biglari Price Performance

Shares of Biglari stock opened at $216.79 on Tuesday. Biglari Holdings Inc. has a twelve month low of $159.69 and a twelve month high of $271.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.44 and a current ratio of 1.47. The firm has a market cap of $493.42 million, a P/E ratio of 1.23 and a beta of 0.69. The firm’s 50-day simple moving average is $227.84 and its 200-day simple moving average is $211.76.

Biglari (NYSE:BH) last released its quarterly earnings data on Saturday, March 1st. The restaurant operator reported ($36.60) earnings per share for the quarter. Biglari had a net margin of 14.14% and a return on equity of 16.03%. The company had revenue of $91.12 million for the quarter.

Biglari Profile

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.