Shares of the company are trading at $346.21 a tad above $324.57, the stock’s 50 day moving average and which is slightly below the 200 day moving average of $369.86. The 50 day moving average was up $21.64 and the 200 day average moved down $-23.65. (NYSE:BH) shares saw light trading volume with 14 shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of 99.70% under the normal average daily volume.
Investors are more bearish on Biglari Holdings Inc. as implied by the change in short interest. The firm experienced a rise in short interest of 3.94% as of the latest report on September 29, 2017. Short interest increased from 33,212 to 34,520 over that timeframe. With short interest at 34,520 and short average daily volume at 6,368, the short-interest ratio is 5.0 and the percentage of shorted shares is 0.03% as of September 29.
Biglari Holdings Inc. (NYSE:BH) has been the object of insider buying activity recently. Sardar Biglari,, Director reported the purchase of 1,705 shares of BH stock. The shares sold for $334.89. The Director now owns $219,739,078 of the stock per the Form 4 SEC filing. Director Sardar Biglari, purchased 211 shares at an average price of $333.84 on Tue the 3rd. Biglari, now owns $218,480,920 of stock as reported to the SEC.
Additionally, here are a few investment firms who have increased or decreased their stake in (BH). As of quarter end Dalton Greiner Hartman Maher & Co had sold 326 shares trimming its stake by 4.1%. The value of the total investment in Biglari Holdings Inc. decreased from $3,210,000 to $2,567,000 a change of $643,000 quarter to quarter. As of the end of the quarter State of Alaska, Department of Revenue had acquired a total of 10 shares growing its position 5.1%. The value of the investment in Biglari Holdings Inc. went from $77,000 to $68,000 decreasing 11.7% since the last quarter.
Nisa Investment Advisors, LLC reduced its position by shedding 1,000 shares a decrease of 72.7% as of 09/30/2017. Nisa Investment Advisors, LLC claims 375 shares with a value of $125,000. The total value of its holdings decreased 76.4%. Bank Of Montreal /can/ trimmed its ownership by selling 48 shares a decrease of 98.0% from 06/30/2017 to 09/30/2017. Bank Of Montreal /can/ currently owns 1 shares valued at $0. The value of the position overall is down by 100.0%.
The P/E ratio is 26.33 and market cap is 715.62M. In the latest earnings report the EPS was $13.15 and is projected to be $-2.07 for the current year with 2,067,000 shares now outstanding. Next quarter’s EPS is expected be $-0.72 and the next full year EPS is anticipated to be $-0.77.
Biglari Holdings Inc., launched on December 15, 1976, is a holding company owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants. The Business’s segments include Restaurant Operations, First Guard, Maxim, Other and Corporate. The Company and its subsidiaries have invested in The Lion Fund, L.P. and The Lion Fund II, L.P. (collectively, the investment partnerships). The investment partnerships operate as private investment funds..