AE Wealth Management LLC cut its stake in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 33.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,367 shares of the restaurant operator’s stock after selling 679 shares during the period. AE Wealth Management LLC’s holdings in Cracker Barrel Old Country Store were worth $217,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CBRL. APG Asset Management N.V. acquired a new stake in shares of Cracker Barrel Old Country Store in the third quarter worth approximately $25,775,000. Wells Fargo & Company MN lifted its position in Cracker Barrel Old Country Store by 5.5% during the third quarter. Wells Fargo & Company MN now owns 736,094 shares of the restaurant operator’s stock valued at $111,607,000 after buying an additional 38,517 shares in the last quarter. AXA lifted its position in Cracker Barrel Old Country Store by 49.3% during the third quarter. AXA now owns 105,700 shares of the restaurant operator’s stock valued at $16,026,000 after buying an additional 34,900 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Cracker Barrel Old Country Store by 8.3% during the third quarter. Dimensional Fund Advisors LP now owns 415,497 shares of the restaurant operator’s stock valued at $62,997,000 after buying an additional 31,884 shares in the last quarter. Finally, State Street Corp lifted its position in Cracker Barrel Old Country Store by 2.9% during the second quarter. State Street Corp now owns 739,419 shares of the restaurant operator’s stock valued at $123,663,000 after buying an additional 20,932 shares in the last quarter. 89.22% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have weighed in on CBRL shares. SunTrust Banks reaffirmed a “hold” rating and set a $136.00 price target on shares of Cracker Barrel Old Country Store in a research report on Friday, October 20th. Zacks Investment Research raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $195.00 price target on the stock in a research report on Wednesday, January 10th. BidaskClub raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Maxim Group reaffirmed a “hold” rating and set a $160.00 price target on shares of Cracker Barrel Old Country Store in a research report on Wednesday, November 22nd. Finally, Longbow Research cut shares of Cracker Barrel Old Country Store from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 22nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $161.63.

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ CBRL) opened at $169.93 on Tuesday. The stock has a market cap of $4,080.00, a P/E ratio of 20.50, a PEG ratio of 1.94 and a beta of 0.56. Cracker Barrel Old Country Store, Inc. has a 12 month low of $141.75 and a 12 month high of $179.12. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.42 and a current ratio of 0.93.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings data on Tuesday, November 21st. The restaurant operator reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.06. The company had revenue of $710.40 million for the quarter, compared to analyst estimates of $718.85 million. Cracker Barrel Old Country Store had a net margin of 6.83% and a return on equity of 35.14%. The business’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $2.01 earnings per share. sell-side analysts forecast that Cracker Barrel Old Country Store, Inc. will post 9.55 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 5th. Stockholders of record on Friday, January 12th were paid a dividend of $1.20 per share. The ex-dividend date was Thursday, January 11th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.82%. Cracker Barrel Old Country Store’s dividend payout ratio is currently 57.90%.

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Cracker Barrel Old Country Store Company Profile

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.

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

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