Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) VP Nicholas V. Flanagan sold 10,000 shares of Cracker Barrel Old Country Store stock in a transaction 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 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) opened at 163.37 on Wednesday. Cracker Barrel Old Country Store Inc. has a 1-year low of $118.01 and a 1-year high of $172.89. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 20.00 and a beta of 0.31. The company has a 50-day moving average price of $141.77 and a 200 day moving average price of $151.78.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its 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 company earned $710 million during the quarter, compared to analyst estimates 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 company’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 earnings per share. Equities analysts anticipate that Cracker Barrel Old Country Store Inc. will post $8.23 earnings per share for the current year.

The company also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, January 11th. This represents a $4.60 annualized dividend and a dividend yield of 2.82%. Cracker Barrel Old Country Store’s dividend payout ratio is 56.23%.

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Several hedge funds have recently made changes to their positions in the company. Bellwether Investment Group LLC purchased a new stake in shares of Cracker Barrel Old Country Store during the second quarter valued at about $107,000. Synovus Financial Corp raised its stake in shares of Cracker Barrel Old Country Store by 0.7% in the third quarter. Synovus Financial Corp now owns 902 shares of the company’s stock valued at $120,000 after buying an additional 6 shares in the last quarter. Americafirst Capital Management LLC purchased a new stake in shares of Cracker Barrel Old Country Store during the second quarter valued at about $128,000. Public Employees Retirement System of Ohio raised 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. Finally, Seven Eight Capital LLC raised 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. Institutional investors and hedge funds own 81.95% of the company’s stock.

Several brokerages recently issued reports on CBRL. Zacks Investment Research cut Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a report on Thursday, September 15th. Maxim Group cut Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating and boosted their price target for the stock from $118.02 to $170.00 in a report on Monday. Wells Fargo & Co. reissued a “market perform” rating and issued a $132.50 price target (down from $164.00) on shares of Cracker Barrel Old Country Store in a report on Friday, September 16th. Telsey Advisory Group cut their price target on Cracker Barrel Old Country Store from $172.00 to $160.00 and set a “market perform” rating for the company in a report on Tuesday, August 30th. 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 equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $162.50.

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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