528 Shares in Biglari Holdings (NYSE:BH) Acquired by MetLife Investment Advisors LLC

MetLife Investment Advisors LLC acquired a new position in Biglari Holdings (NYSE:BH) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 528 shares of the restaurant operator’s stock, valued at approximately $219,000.

Several other large investors also recently modified their holdings of the stock. Geode Capital Management LLC raised its stake in shares of Biglari by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 9,305 shares of the restaurant operator’s stock valued at $3,855,000 after acquiring an additional 129 shares during the period. Check Capital Management Inc. CA increased its stake in Biglari by 5.3% in the 4th quarter. Check Capital Management Inc. CA now owns 2,561 shares of the restaurant operator’s stock worth $1,061,000 after buying an additional 130 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Biglari by 4.5% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 4,029 shares of the restaurant operator’s stock worth $1,343,000 after buying an additional 174 shares during the period. Rhumbline Advisers increased its stake in Biglari by 10.3% in the 4th quarter. Rhumbline Advisers now owns 2,476 shares of the restaurant operator’s stock worth $1,026,000 after buying an additional 232 shares during the period. Finally, Aperio Group LLC purchased a new position in Biglari in the 4th quarter worth about $247,000. Hedge funds and other institutional investors own 91.46% of the company’s stock.

NYSE BH opened at $207.01 on Friday. Biglari Holdings has a one year low of $194.26 and a one year high of $199.88. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.83 and a quick ratio of 0.78.

Biglari (NYSE:BH) last released its quarterly earnings results on Monday, February 26th. The restaurant operator reported $56.97 earnings per share for the quarter. The business had revenue of $209.22 million for the quarter. Biglari had a net margin of 7.64% and a return on equity of 11.88%.

In other Biglari news, Director Sardar Biglari acquired 687 shares of the firm’s stock in a transaction on Tuesday, March 6th. The stock was acquired at an average cost of $419.79 per share, for a total transaction of $288,395.73. Following the purchase, the director now owns 1 shares in the company, valued at approximately $419.79. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders have acquired 8,175 shares of company stock valued at $3,402,481. Company insiders own 54.80% of the company’s stock.

About Biglari

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.

Institutional Ownership by Quarter for Biglari (NYSE:BH)

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