Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) Director Andrea Weiss sold 2,000 shares of the company’s stock in a transaction dated Friday, November 25th. The shares were sold at an average price of $164.50, for a total transaction of $329,000.00. Following the sale, the director now directly owns 11,758 shares in the company, valued at $1,934,191. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) opened at 161.58 on Tuesday. The company has a market capitalization of $3.88 billion, a PE ratio of 20.56 and a beta of 0.31. Cracker Barrel Old Country Store Inc. has a 52-week low of $118.01 and a 52-week high of $172.89. The company has a 50 day moving average of $141.77 and a 200 day moving average of $151.78.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its quarterly earnings results on Tuesday, November 22nd. The company reported $2.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.84 by $0.17. The business earned $710 million during the quarter, compared to the consensus estimate of $713.73 million. Cracker Barrel Old Country Store had a return on equity of 34.26% and a net margin of 6.74%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.70 EPS. On average, equities research analysts forecast that Cracker Barrel Old Country Store Inc. will post $8.23 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, February 6th. Shareholders of record on Friday, January 13th will be paid a dividend of $1.15 per share. The ex-dividend date is Wednesday, January 11th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.86%. Cracker Barrel Old Country Store’s dividend payout ratio is currently 56.23%.

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A number of equities research analysts have recently issued reports on the stock. Telsey Advisory Group lowered their price target on shares of Cracker Barrel Old Country Store from $160.00 to $150.00 and set a “market perform” rating on the stock in a report on Thursday, September 15th. Maxim Group lowered their price target on shares of Cracker Barrel Old Country Store from $170.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, September 15th. Zacks Investment Research raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $186.00 price target on the stock in a report on Wednesday, November 23rd. Finally, Bank of America Corp. reissued a “sell” rating and issued a $140.00 price target on shares of Cracker Barrel Old Country Store in a report on Thursday, September 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $162.50.

Several large investors have recently added to or reduced their stakes in CBRL. BlackRock Fund Advisors increased its stake in Cracker Barrel Old Country Store by 5.9% in the third quarter. BlackRock Fund Advisors now owns 1,178,011 shares of the company’s stock worth $155,757,000 after buying an additional 65,256 shares in the last quarter. State Street Corp increased its stake in Cracker Barrel Old Country Store by 0.4% in the second quarter. State Street Corp now owns 718,388 shares of the company’s stock worth $123,188,000 after buying an additional 3,062 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Cracker Barrel Old Country Store by 12.8% in the third quarter. Ameriprise Financial Inc. now owns 668,820 shares of the company’s stock worth $86,092,000 after buying an additional 76,099 shares in the last quarter. FMR LLC increased its stake in Cracker Barrel Old Country Store by 28.8% in the second quarter. FMR LLC now owns 366,455 shares of the company’s stock worth $62,836,000 after buying an additional 81,955 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in Cracker Barrel Old Country Store by 5.7% in the third quarter. Robeco Institutional Asset Management B.V. now owns 350,154 shares of the company’s stock worth $46,296,000 after buying an additional 18,736 shares in the last quarter. Institutional investors and hedge funds own 81.95% of the company’s stock.

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.

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