TheStreet Upgrades Biglari Holdings Inc Class B (BH) to C

TheStreet upgraded shares of Biglari Holdings Inc Class B (NYSE:BH) from a d+ rating to a c rating in a research report released on Monday.

NYSE:BH opened at $178.50 on Monday. Biglari Holdings Inc Class B has a 52-week low of $174.52 and a 52-week high of $443.80. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 0.46.

Biglari Holdings Inc Class B (NYSE:BH) last released its quarterly earnings results on Friday, August 3rd. The restaurant operator reported ($21.73) earnings per share for the quarter. Biglari Holdings Inc Class B had a net margin of 4.25% and a return on equity of 6.51%. The firm had revenue of $208.74 million for the quarter.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BH. Zebra Capital Management LLC purchased a new stake in Biglari Holdings Inc Class B during the second quarter valued at about $294,000. SG Americas Securities LLC purchased a new stake in Biglari Holdings Inc Class B during the second quarter valued at about $197,000. Finally, Prudential Financial Inc. raised its position in Biglari Holdings Inc Class B by 3.5% during the first quarter. Prudential Financial Inc. now owns 10,326 shares of the restaurant operator’s stock valued at $4,217,000 after purchasing an additional 350 shares in the last quarter.

About Biglari Holdings Inc Class B

Biglari Holdings Inc, through its subsidiaries, operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under restaurant concepts, including Steak n Shake, an American brand serving premium burgers and milk shakes; and Western, which offers signature steak dishes and other classic American menu items, as well operates other concepts, such as Great American Steak & Buffet and Wood Grill Buffet consisting of hot and cold food buffet style dining.

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