Hsbc Holdings PLC Invests $498,000 in Biglari Holdings Inc. $BH

Hsbc Holdings PLC bought a new stake in shares of Biglari Holdings Inc. (NYSE:BH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,501 shares of the restaurant operator’s stock, valued at approximately $498,000. Hsbc Holdings PLC owned approximately 0.07% of Biglari at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Invesco Ltd. raised its position in Biglari by 319.8% during the third quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock worth $13,089,000 after acquiring an additional 30,810 shares during the period. Two Sigma Investments LP grew its position in shares of Biglari by 162.8% in the third quarter. Two Sigma Investments LP now owns 11,563 shares of the restaurant operator’s stock valued at $3,742,000 after purchasing an additional 7,163 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Biglari by 20.9% during the third quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock worth $10,569,000 after purchasing an additional 5,650 shares in the last quarter. Man Group plc purchased a new stake in shares of Biglari during the second quarter worth about $872,000. Finally, Jump Financial LLC acquired a new position in shares of Biglari during the 2nd quarter worth about $872,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, major shareholder Sardar Biglari sold 75,000 shares of Biglari stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $16.74, for a total transaction of $1,255,500.00. Following the sale, the insider owned 3,560,454 shares of the company’s stock, valued at approximately $59,601,999.96. The trade was a 2.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have purchased 54,952 shares of company stock worth $14,098,396 and have sold 439,546 shares worth $7,418,740. 68.53% of the stock is owned by corporate insiders.

Biglari Stock Up 1.1%

Shares of NYSE:BH opened at $392.31 on Friday. Biglari Holdings Inc. has a 52-week low of $234.91 and a 52-week high of $483.60. The stock has a market cap of $898.38 million, a P/E ratio of -5.39 and a beta of 0.63. The business has a fifty day moving average of $332.67 and a two-hundred day moving average of $348.84. The company has a quick ratio of 2.44, a current ratio of 2.47 and a debt-to-equity ratio of 0.61.

Biglari (NYSE:BH) last released its quarterly earnings data on Friday, May 8th. The restaurant operator reported ($55.81) earnings per share (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%.

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.