GW Henssler & Associates Ltd. increased its stake in shares of Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) by 4.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,514 shares of the company’s stock after buying an additional 2,557 shares during the period. GW Henssler & Associates Ltd. owned 0.27% of Cracker Barrel Old Country Store worth $11,234,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in CBRL. Americafirst Capital Management LLC bought a new position in shares of Cracker Barrel Old Country Store during the second quarter valued at about $128,000. Westend Capital Management LLC bought a new position in shares of Cracker Barrel Old Country Store during the first quarter valued at about $211,000. BlackRock Japan Co. Ltd boosted its position in shares of Cracker Barrel Old Country Store by 54.6% in the first quarter. BlackRock Japan Co. Ltd now owns 1,461 shares of the company’s stock valued at $223,000 after buying an additional 516 shares during the last quarter. LS Investment Advisors LLC boosted its position in shares of Cracker Barrel Old Country Store by 64.5% in the second quarter. LS Investment Advisors LLC now owns 1,462 shares of the company’s stock valued at $251,000 after buying an additional 573 shares during the last quarter. Finally, Huntington National Bank boosted its position in shares of Cracker Barrel Old Country Store by 77.9% in the second quarter. Huntington National Bank now owns 1,569 shares of the company’s stock valued at $269,000 after buying an additional 687 shares during the last quarter. Institutional investors and hedge funds own 86.68% 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 up 1.21% on Friday, reaching $133.49. The company had a trading volume of 276,313 shares. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 16.98 and a beta of 0.35. Cracker Barrel Old Country Store Inc. has a 12 month low of $118.01 and a 12 month high of $172.89. The stock has a 50 day moving average price of $141.73 and a 200-day moving average price of $153.32.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its earnings results on Wednesday, September 14th. The company reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $2.13 by $0.01. Cracker Barrel Old Country Store had a return on equity of 33.11% and a net margin of 6.50%. The firm had revenue of $745.60 million for the quarter, compared to the consensus estimate of $741.21 million. During the same period in the prior year, the business earned $1.97 EPS. The company’s quarterly revenue was up 3.7% on a year-over-year basis. Analysts forecast that Cracker Barrel Old Country Store Inc. will post $8.13 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, November 7th. Shareholders of record on Friday, October 14th will be issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, October 12th. Cracker Barrel Old Country Store’s dividend payout ratio is presently 58.45%.

CBRL has been the subject of several recent analyst reports. Bank of America Corp. cut Cracker Barrel Old Country Store from a “neutral” rating to an “underperform” rating and set a $140.00 target price for the company. in a research note on Monday, July 11th. They noted that the move was a valuation call. Zacks Investment Research cut Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th. Maxim Group dropped their target price on Cracker Barrel Old Country Store from $178.00 to $170.00 and set a “buy” rating on the stock in a report on Monday, August 8th. Telsey Advisory Group dropped their target price on Cracker Barrel Old Country Store from $172.00 to $160.00 and set a “market perform” rating on the stock in a report on Tuesday, August 30th. Finally, Wells Fargo & Co. reissued a “market perform” rating and issued a $132.50 target price (down previously from $164.00) on shares of Cracker Barrel Old Country Store in a report on Friday, September 16th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $158.93.

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). Each Cracker Barrel store consists of a restaurant with a gift shop. The format of its stores consists of a trademarked 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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