SG Americas Securities LLC Acquires New Stake in Biglari Holdings Inc. $BH

SG Americas Securities LLC acquired a new position in shares of Biglari Holdings Inc. (NYSE:BH) in the first quarter, HoldingsChannel.com reports. The fund acquired 1,517 shares of the restaurant operator’s stock, valued at approximately $500,000.

Several other hedge funds also recently made changes to their positions in BH. Russell Investments Group Ltd. increased its stake in shares of Biglari by 608.3% during the third quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 73 shares during the period. CWM LLC increased its position in Biglari by 45.4% during the 4th quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock worth $47,000 after purchasing an additional 44 shares during the period. Jones Financial Companies Lllp acquired a new position in Biglari during the 1st quarter worth approximately $64,000. State of Alaska Department of Revenue raised its stake in shares of Biglari by 120.6% during the 4th quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock worth $117,000 after buying an additional 193 shares in the last quarter. Finally, Deutsche Bank AG raised its stake in shares of Biglari by 15.1% during the 4th quarter. Deutsche Bank AG now owns 419 shares of the restaurant operator’s stock worth $139,000 after buying an additional 55 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Biglari Stock Down 1.6%

BH stock opened at $405.54 on Thursday. The company has a current ratio of 2.47, a quick ratio of 2.44 and a debt-to-equity ratio of 0.61. The company’s 50-day moving average price is $322.37 and its 200 day moving average price is $347.60. Biglari Holdings Inc. has a 52 week low of $234.91 and a 52 week high of $483.60. The company has a market cap of $928.69 million, a P/E ratio of -5.57 and a beta of 0.63.

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

Insider Transactions at Biglari

In other Biglari news, major shareholder Sardar Biglari sold 132,421 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $17.27, for a total transaction of $2,286,910.67. Following the sale, the insider directly owned 3,644,979 shares in the company, valued at approximately $62,948,787.33. The trade was a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders acquired 54,952 shares of company stock worth $14,098,396 and sold 364,546 shares worth $6,163,240. Corporate insiders own 68.53% of the company’s stock.

Biglari Profile

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.