Commonwealth Equity Services LLC Has $3.81 Million Stock Holdings in Cracker Barrel Old Country Store, Inc. $CBRL

Commonwealth Equity Services LLC raised its position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 262.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,849 shares of the restaurant operator’s stock after buying an additional 108,533 shares during the quarter. Commonwealth Equity Services LLC owned 0.67% of Cracker Barrel Old Country Store worth $3,806,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Maxi Investments CY Ltd acquired a new position in Cracker Barrel Old Country Store in the 4th quarter valued at $1,168,000. WINTON GROUP Ltd acquired a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter worth $2,355,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter worth $2,505,000. UBS Group AG grew its holdings in shares of Cracker Barrel Old Country Store by 50.3% during the 4th quarter. UBS Group AG now owns 292,220 shares of the restaurant operator’s stock worth $7,422,000 after purchasing an additional 97,761 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter worth $686,000. 96.01% of the stock is owned by institutional investors and hedge funds.

Cracker Barrel Old Country Store Price Performance

Shares of CBRL stock opened at $34.21 on Tuesday. The company has a quick ratio of 0.18, a current ratio of 0.49 and a debt-to-equity ratio of 0.90. Cracker Barrel Old Country Store, Inc. has a twelve month low of $24.85 and a twelve month high of $71.93. The company has a market cap of $764.59 million, a P/E ratio of -190.04 and a beta of 1.30. The business has a fifty day simple moving average of $30.61 and a 200 day simple moving average of $29.83.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on CBRL shares. Wall Street Zen lowered Cracker Barrel Old Country Store from a “sell” rating to a “strong sell” rating in a report on Sunday, April 19th. Wells Fargo & Company increased their target price on Cracker Barrel Old Country Store from $30.00 to $35.00 and gave the stock an “equal weight” rating in a report on Thursday, March 5th. UBS Group increased their target price on Cracker Barrel Old Country Store from $26.00 to $31.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Bank of America increased their target price on Cracker Barrel Old Country Store from $31.00 to $34.00 and gave the stock an “underperform” rating in a report on Friday. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Cracker Barrel Old Country Store in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $36.00.

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.

The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.