Private Advisor Group LLC increased its position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 6.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,249 shares of the company’s stock after buying an additional 183 shares during the period. Private Advisor Group LLC’s holdings in Cracker Barrel Old Country Store were worth $511,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CBRL. Rhumbline Advisers increased its position in Cracker Barrel Old Country Store by 17.5% in the third quarter. Rhumbline Advisers now owns 64,184 shares of the company’s stock valued at $8,486,000 after buying an additional 9,558 shares during the period. Bank of New York Mellon Corp increased its position in shares of Cracker Barrel Old Country Store by 0.8% in the third quarter. Bank of New York Mellon Corp now owns 340,574 shares of the company’s stock valued at $45,030,000 after buying an additional 2,781 shares during the period. Ledyard National Bank increased its position in shares of Cracker Barrel Old Country Store by 8.1% in the third quarter. Ledyard National Bank now owns 26,887 shares of the company’s stock valued at $3,555,000 after buying an additional 2,010 shares during the period. Great West Life Assurance Co. Can increased its position in shares of Cracker Barrel Old Country Store by 2.1% in the third quarter. Great West Life Assurance Co. Can now owns 13,580 shares of the company’s stock valued at $1,795,000 after buying an additional 277 shares during the period. Finally, KCG Holdings Inc. acquired a new position in shares of Cracker Barrel Old Country Store during the third quarter valued at $1,723,000. Hedge funds and other institutional investors own 85.69% of the company’s stock.

Institutional Ownership by Quarter for Cracker Barrel Old Country Store (NASDAQ:CBRL)

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) traded down 0.42% during midday trading on Friday, hitting $166.85. 57,509 shares of the stock were exchanged. Cracker Barrel Old Country Store, Inc. has a one year low of $130.15 and a one year high of $175.04. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 20.42 and a beta of 0.40. The firm has a 50 day moving average of $160.38 and a 200-day moving average of $152.93.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its quarterly earnings data on Tuesday, November 22nd. The company reported $2.01 EPS for the quarter, topping the Zacks’ consensus estimate of $1.84 by $0.17. Cracker Barrel Old Country Store had a return on equity of 34.26% and a net margin of 6.74%. The business earned $710 million during the quarter, compared to the consensus estimate of $713.73 million. During the same period in the previous year, the company posted $1.70 earnings per share. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. Equities analysts expect that Cracker Barrel Old Country Store, Inc. will post $8.28 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, February 6th. Investors of record on Friday, January 13th were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 2.75%. The ex-dividend date was Wednesday, January 11th. Cracker Barrel Old Country Store’s payout ratio is 56.23%.

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Several brokerages recently weighed in on CBRL. Buckingham Research set a $161.00 price target on shares of Cracker Barrel Old Country Store and gave the stock a “hold” rating in a report on Tuesday. Zacks Investment Research downgraded shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a report on Tuesday, January 24th. Argus upgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Thursday, December 1st. Maxim Group downgraded shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating and increased their price target for the stock from $118.02 to $170.00 in a report on Monday, November 28th. Finally, Telsey Advisory Group increased their price target on shares of Cracker Barrel Old Country Store from $150.00 to $170.00 and gave the stock a “market perform” rating in a report on Wednesday, November 23rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $165.39.

In related news, Director Andrea Weiss sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 25th. The stock was sold at an average price of $164.50, for a total transaction of $329,000.00. Following the completion of the sale, the director now owns 11,758 shares in the company, valued at $1,934,191. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Sandra B. Cochran sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, November 25th. The stock was sold at an average price of $164.05, for a total value of $4,921,500.00. Following the sale, the chief operating officer now owns 129,895 shares of the company’s stock, valued at approximately $21,309,274.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 42,000 shares of company stock valued at $6,891,000. 1.00% of the stock is owned by company insiders.

About Cracker Barrel Old Country Store

Cracker Barrel Old Country Store, Inc is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company’s segments include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods.

5 Day Chart for NASDAQ:CBRL

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