Great West Life Assurance Co. Can raised its position in Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) by 2.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,580 shares of the company’s stock after buying an additional 277 shares during the period. Great West Life Assurance Co. Can owned 0.06% of Cracker Barrel Old Country Store worth $1,795,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bellwether Investment Group LLC purchased a new stake in shares of Cracker Barrel Old Country Store during the second quarter valued at $107,000. Americafirst Capital Management LLC purchased a new stake in shares of Cracker Barrel Old Country Store during the second quarter valued at $128,000. Public Employees Retirement System of Ohio increased its stake in shares of Cracker Barrel Old Country Store by 6.1% in the second quarter. Public Employees Retirement System of Ohio now owns 956 shares of the company’s stock valued at $164,000 after buying an additional 55 shares in the last quarter. Seven Eight Capital LLC increased its stake in shares of Cracker Barrel Old Country Store by 2,052.2% in the second quarter. Seven Eight Capital LLC now owns 990 shares of the company’s stock valued at $170,000 after buying an additional 944 shares in the last quarter. Finally, World Asset Management Inc purchased a new stake in shares of Cracker Barrel Old Country Store during the second quarter valued at $200,000. Institutional investors 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 trading on Tuesday, hitting $163.37. 257,482 shares of the stock traded hands. The company has a 50 day moving average of $141.77 and a 200-day moving average of $151.78. The company has a market cap of $3.93 billion, a PE ratio of 20.00 and a beta of 0.31. Cracker Barrel Old Country Store Inc. has a 1-year low of $118.01 and a 1-year high of $172.89.

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

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

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CBRL has been the topic of several recent research reports. Zacks Investment Research downgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research report on Thursday, September 22nd. Maxim Group lifted their price objective on shares of Cracker Barrel Old Country Store from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, November 15th. Telsey Advisory Group lifted their price objective on shares of Cracker Barrel Old Country Store from $150.00 to $170.00 and gave the company a “market perform” rating in a research report on Wednesday, November 23rd. Finally, Bank of America Corp. reiterated a “sell” rating and issued a $140.00 price objective on shares of Cracker Barrel Old Country Store in a research report on Thursday, September 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $162.50.

In other news, Director Andrea Weiss sold 2,000 shares of the business’s stock in a transaction 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 sale, the director now owns 11,758 shares in the company, valued at approximately $1,934,191. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Nicholas V. Flanagan sold 10,000 shares of the business’s stock in a transaction on Friday, November 25th. The shares were sold at an average price of $164.05, for a total transaction of $1,640,500.00. Following the completion of the sale, the vice president now owns 12,679 shares in the company, valued at approximately $2,079,989.95. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.

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.

5 Day Chart for NASDAQ:CBRL

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