Callahan Advisors LLC increased its stake in shares of Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) by 1.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 22,159 shares of the company’s stock after buying an additional 411 shares during the period. Callahan Advisors LLC owned approximately 0.09% of Cracker Barrel Old Country Store worth $2,930,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CBRL. BlackRock Fund Advisors raised its stake in Cracker Barrel Old Country Store by 5.5% in the second quarter. BlackRock Fund Advisors now owns 1,112,755 shares of the company’s stock valued at $190,804,000 after buying an additional 57,987 shares during the last quarter. State Street Corp raised 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 valued at $123,188,000 after buying an additional 3,062 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Cracker Barrel Old Country Store by 12.7% in the second quarter. Ameriprise Financial Inc. now owns 592,721 shares of the company’s stock valued at $102,903,000 after buying an additional 66,896 shares during the last quarter. FMR LLC raised 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 valued at $62,836,000 after buying an additional 81,955 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in Cracker Barrel Old Country Store by 2.0% in the second quarter. Robeco Institutional Asset Management B.V. now owns 331,418 shares of the company’s stock valued at $56,828,000 after buying an additional 6,439 shares during the last quarter. Institutional investors and hedge funds own 81.95% 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 1.11% during midday trading on Tuesday, reaching $163.37. 257,482 shares of the company’s stock were exchanged. Cracker Barrel Old Country Store Inc. has a one year low of $118.01 and a one year high of $172.89. The stock has a market cap of $3.93 billion, a P/E ratio of 20.00 and a beta of 0.31. The company’s 50-day moving average is $141.77 and its 200-day moving average is $151.78.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, February 6th. Investors of record on Friday, January 13th will be issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date is Wednesday, January 11th. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is 56.23%.

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

In other Cracker Barrel Old Country Store news, VP Nicholas V. Flanagan sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 25th. The stock was sold at an average price of $164.05, for a total value of $1,640,500.00. Following the completion of the transaction, the vice president now directly owns 12,679 shares of the company’s stock, valued at $2,079,989.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrea Weiss sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 25th. The shares were sold at an average price of $164.50, for a total value of $329,000.00. Following the completion of the transaction, the director now directly owns 11,758 shares of the company’s stock, valued at $1,934,191. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

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.

5 Day Chart for NASDAQ:CBRL

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