Capital Fund Management S.A. bought a new position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 2,111 shares of the restaurant operator’s stock, valued at approximately $353,000.

Several other institutional investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Cracker Barrel Old Country Store by 0.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 2,001 shares of the restaurant operator’s stock worth $335,000 after purchasing an additional 18 shares during the period. Bank of Montreal Can boosted its holdings in shares of Cracker Barrel Old Country Store by 0.7% in the 1st quarter. Bank of Montreal Can now owns 3,526 shares of the restaurant operator’s stock worth $562,000 after purchasing an additional 23 shares during the period. World Asset Management Inc boosted its holdings in shares of Cracker Barrel Old Country Store by 2.0% in the 1st quarter. World Asset Management Inc now owns 1,426 shares of the restaurant operator’s stock worth $227,000 after purchasing an additional 28 shares during the period. Capstone Asset Management Co. boosted its holdings in shares of Cracker Barrel Old Country Store by 1.2% in the 2nd quarter. Capstone Asset Management Co. now owns 2,511 shares of the restaurant operator’s stock worth $420,000 after purchasing an additional 30 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in shares of Cracker Barrel Old Country Store by 2.0% in the 2nd quarter. Teacher Retirement System of Texas now owns 1,543 shares of the restaurant operator’s stock worth $258,000 after purchasing an additional 30 shares during the period. Hedge funds and other institutional investors own 85.80% of the company’s stock.

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A number of equities analysts have recently commented on the company. Zacks Investment Research cut Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a report on Monday. Instinet restated a “neutral” rating and set a $158.00 price objective (down previously from $162.00) on shares of Cracker Barrel Old Country Store in a report on Thursday, September 14th. Nomura dropped their price objective on Cracker Barrel Old Country Store from $162.00 to $158.00 and set a “neutral” rating for the company in a report on Thursday, September 14th. Bank of America Corporation dropped their price objective on Cracker Barrel Old Country Store from $150.00 to $140.00 and set an “underperform” rating for the company in a report on Monday, September 11th. Finally, Maxim Group restated a “hold” rating and set a $155.00 price objective (down previously from $170.00) on shares of Cracker Barrel Old Country Store in a report on Thursday, September 7th. Three research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and an average target price of $163.22.

In related news, Director Andrea Weiss sold 2,000 shares of the stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $153.39, for a total value of $306,780.00. Following the completion of the transaction, the director now directly owns 11,758 shares in the company, valued at $1,803,559.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sandra B. Cochran sold 36,794 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $151.67, for a total value of $5,580,545.98. Following the completion of the transaction, the chief executive officer now owns 157,591 shares of the company’s stock, valued at $23,901,826.97. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

Cracker Barrel Old Country Store, Inc. (NASDAQ CBRL) opened at 147.08 on Tuesday. Cracker Barrel Old Country Store, Inc. has a 12-month low of $130.15 and a 12-month high of $175.04. The stock has a market cap of $3.54 billion, a PE ratio of 17.83 and a beta of 0.52. The company’s 50-day moving average price is $150.01 and its 200-day moving average price is $158.69.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last issued its quarterly earnings data on Wednesday, September 13th. The restaurant operator reported $2.23 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.05. The company had revenue of $743.20 million during the quarter, compared to analyst estimates of $746.72 million. Cracker Barrel Old Country Store had a return on equity of 35.49% and a net margin of 6.90%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.12 earnings per share. On average, equities analysts expect that Cracker Barrel Old Country Store, Inc. will post $8.81 EPS for the current fiscal year.

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.

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

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