Bessemer Group Inc. decreased its stake in shares of Biglari Holdings Inc. (NYSE:BH) by 47.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,200 shares of the restaurant operator’s stock after selling 1,100 shares during the quarter. Bessemer Group Inc. owned about 0.06% of Biglari Holdings worth $400,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in BH. Janus Henderson Group PLC purchased a new position in Biglari Holdings during the second quarter valued at $42,364,000. Vanguard Group Inc. raised its stake in Biglari Holdings by 10.8% during the second quarter. Vanguard Group Inc. now owns 100,958 shares of the restaurant operator’s stock valued at $40,357,000 after buying an additional 9,812 shares during the last quarter. First Trust Advisors LP purchased a new position in Biglari Holdings during the second quarter valued at $1,922,000. Dimensional Fund Advisors LP raised its stake in Biglari Holdings by 21.6% during the second quarter. Dimensional Fund Advisors LP now owns 24,605 shares of the restaurant operator’s stock valued at $9,836,000 after buying an additional 4,374 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its stake in Biglari Holdings by 58.1% during the second quarter. Parametric Portfolio Associates LLC now owns 3,757 shares of the restaurant operator’s stock valued at $1,502,000 after buying an additional 1,381 shares during the last quarter. Institutional investors and hedge funds own 88.15% of the company’s stock.

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Biglari Holdings Inc. (NYSE:BH) opened at $343.43 on Friday. The stock has a market capitalization of $710.08, a price-to-earnings ratio of 8.12 and a beta of 0.39. Biglari Holdings Inc. has a one year low of $290.05 and a one year high of $491.74. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.79 and a current ratio of 0.85.

Separately, TheStreet cut Biglari Holdings from a “c” rating to a “d+” rating in a research note on Monday, November 6th.

In other Biglari Holdings news, Director Sardar Biglari bought 700 shares of Biglari Holdings stock in a transaction on Wednesday, November 8th. The stock was acquired at an average price of $334.50 per share, with a total value of $234,150.00. Following the acquisition, the director now owns 1 shares in the company, valued at $334.50. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders acquired 3,832 shares of company stock valued at $1,281,042. Corporate insiders own 51.20% of the company’s stock.

About Biglari Holdings

Biglari Holdings Inc is a holding company owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants The Company’s segments include Restaurant Operations, First Guard, Maxim, Other and Corporate. The Company’s restaurant operations’ activities are conducted through approximately two restaurant concepts operated by subsidiaries Steak n Shake Inc (Steak n Shake) and Western Sizzlin Corporation (Western).

Institutional Ownership by Quarter for Biglari Holdings (NYSE:BH)

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