Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) COO Sandra B. Cochran sold 30,000 shares of the firm’s stock in a transaction on Friday, November 25th. The shares were sold at an average price of $164.05, for a total value of $4,921,500.00. Following the transaction, the chief operating officer now owns 129,895 shares in the company, valued at $21,309,274.75. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) opened at 163.37 on Wednesday. The stock’s 50 day moving average price is $141.77 and its 200-day moving average price is $151.78. The company has a market capitalization 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 posted its quarterly earnings data on Tuesday, November 22nd. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.70 earnings per share. On average, equities analysts predict that Cracker Barrel Old Country Store Inc. will post $8.23 EPS for the current year.

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

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Several equities analysts have weighed in on CBRL shares. Zacks Investment Research cut Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research note on Thursday, September 22nd. Maxim Group raised their price objective on Cracker Barrel Old Country Store from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, November 15th. Telsey Advisory Group raised their price objective on Cracker Barrel Old Country Store from $150.00 to $170.00 and gave the company a “market perform” rating in a research note on Wednesday, November 23rd. Finally, Bank of America Corp. reiterated a “sell” rating and set a $140.00 target price on shares of Cracker Barrel Old Country Store in a research note on Thursday, September 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $162.50.

Institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its position in Cracker Barrel Old Country Store by 34.2% in the third quarter. Price T Rowe Associates Inc. MD now owns 12,156 shares of the company’s stock worth $1,607,000 after buying an additional 3,096 shares during the period. Credit Suisse AG increased its position in Cracker Barrel Old Country Store by 53.1% in the third quarter. Credit Suisse AG now owns 46,642 shares of the company’s stock worth $6,168,000 after buying an additional 16,178 shares during the period. Ameritas Investment Partners Inc. increased its position in Cracker Barrel Old Country Store by 70.2% in the third quarter. Ameritas Investment Partners Inc. now owns 8,963 shares of the company’s stock worth $1,185,000 after buying an additional 3,697 shares during the period. South Street Advisors LLC increased its position in Cracker Barrel Old Country Store by 3.5% in the third quarter. South Street Advisors LLC now owns 14,880 shares of the company’s stock worth $1,967,000 after buying an additional 500 shares during the period. Finally, Kernodle & Katon Asset Management Group LLC purchased a new position in Cracker Barrel Old Country Store during the third quarter worth about $599,000. Institutional investors and hedge funds own 81.95% 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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