Burns J W & Co. Inc. NY raised its position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 1.8% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 10,276 shares of the restaurant operator’s stock after buying an additional 182 shares during the period. Burns J W & Co. Inc. NY’s holdings in Cracker Barrel Old Country Store were worth $1,719,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bank of Montreal Can boosted its stake in shares of Cracker Barrel Old Country Store by 0.7% in the first quarter. Bank of Montreal Can now owns 3,526 shares of the restaurant operator’s stock worth $562,000 after buying an additional 23 shares during the period. World Asset Management Inc boosted its stake in shares of Cracker Barrel Old Country Store by 2.0% in the first quarter. World Asset Management Inc now owns 1,426 shares of the restaurant operator’s stock worth $227,000 after buying an additional 28 shares during the period. Marietta Wealth Management LLC boosted its stake in shares of Cracker Barrel Old Country Store by 0.7% in the first quarter. Marietta Wealth Management LLC now owns 5,658 shares of the restaurant operator’s stock worth $901,000 after buying an additional 37 shares during the period. Public Employees Retirement System of Ohio boosted its stake in shares of Cracker Barrel Old Country Store by 4.7% in the first quarter. Public Employees Retirement System of Ohio now owns 1,029 shares of the restaurant operator’s stock worth $164,000 after buying an additional 46 shares during the period. Finally, US Bancorp DE boosted its stake in shares of Cracker Barrel Old Country Store by 2.0% in the first quarter. US Bancorp DE now owns 2,515 shares of the restaurant operator’s stock worth $400,000 after buying an additional 49 shares during the period. Institutional investors own 89.25% of the company’s stock.

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ CBRL) traded down 1.04% on Monday, hitting $157.06. 258,082 shares of the stock traded hands. Cracker Barrel Old Country Store, Inc. has a 1-year low of $130.15 and a 1-year high of $175.04. The stock has a market cap of $3.78 billion, a PE ratio of 19.04 and a beta of 0.52. The stock has a 50 day moving average of $164.73 and a 200-day moving average of $162.31.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Tuesday, May 23rd. The restaurant operator reported $1.95 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.85 by $0.10. Cracker Barrel Old Country Store had a return on equity of 35.27% and a net margin of 6.80%. The business had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $713.06 million. During the same period in the prior year, the business posted $1.82 earnings per share. The firm’s revenue was up .0% on a year-over-year basis. On average, equities research analysts expect that Cracker Barrel Old Country Store, Inc. will post $8.33 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 4th. Investors of record on Friday, July 14th will be issued a $1.20 dividend. The ex-dividend date of this dividend is Wednesday, July 12th. This is a boost from Cracker Barrel Old Country Store’s previous quarterly dividend of $1.15. This represents a $4.80 annualized dividend and a yield of 3.06%. Cracker Barrel Old Country Store’s dividend payout ratio is presently 58.04%.

WARNING: This piece of content was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/07/17/burns-j-w-co-inc-ny-boosts-stake-in-cracker-barrel-old-country-store-inc-cbrl-updated.html.

A number of equities research analysts recently issued reports on the stock. Maxim Group reiterated a “hold” rating and set a $170.00 target price on shares of Cracker Barrel Old Country Store in a research report on Wednesday, May 17th. Wells Fargo & Company reiterated a “market perform” rating and set a $156.00 target price (down previously from $157.50) on shares of Cracker Barrel Old Country Store in a research report on Thursday, May 25th. Zacks Investment Research raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th. BidaskClub raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating in a report on Friday, June 30th. Finally, Instinet began coverage on shares of Cracker Barrel Old Country Store in a report on Wednesday, July 12th. They set a “neutral” rating and a $162.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $165.78.

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.

Institutional Ownership by Quarter for Cracker Barrel Old Country Store (NASDAQ:CBRL)

Receive News & Stock Ratings for Cracker Barrel Old Country Store Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cracker Barrel Old Country Store Inc. and related stocks with our FREE daily email newsletter.