GW Henssler & Associates Ltd. increased its stake in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 2.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,034 shares of the restaurant operator’s stock after buying an additional 1,869 shares during the period. Cracker Barrel Old Country Store comprises approximately 1.4% of GW Henssler & Associates Ltd.’s portfolio, making the stock its 21st largest position. GW Henssler & Associates Ltd. owned about 0.33% of Cracker Barrel Old Country Store worth $13,218,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the company. Neuburgh Advisers LLC raised its stake in shares of Cracker Barrel Old Country Store by 14.0% in the first quarter. Neuburgh Advisers LLC now owns 784 shares of the restaurant operator’s stock valued at $125,000 after buying an additional 96 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Cracker Barrel Old Country Store during the first quarter valued at approximately $127,000. Public Employees Retirement System of Ohio raised its stake in 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 valued at $164,000 after buying an additional 46 shares during the period. Glen Harbor Capital Management LLC raised its stake in Cracker Barrel Old Country Store by 14.0% in the first quarter. Glen Harbor Capital Management LLC now owns 1,078 shares of the restaurant operator’s stock valued at $172,000 after buying an additional 132 shares during the period. Finally, Wedbush Securities Inc. acquired a new stake in Cracker Barrel Old Country Store during the first quarter valued at about $214,000. 87.37% of the stock is currently owned by institutional investors and hedge funds.

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ CBRL) opened at 153.47 on Thursday. The stock has a 50 day moving average of $158.31 and a 200 day moving average of $160.85. Cracker Barrel Old Country Store, Inc. has a 52-week low of $130.15 and a 52-week high of $175.04. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 18.60 and a beta of 0.51.

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

The company also recently announced a quarterly dividend, which was paid on Friday, August 4th. Shareholders of record on Friday, July 14th were paid a dividend of $1.20 per share. This is a boost from Cracker Barrel Old Country Store’s previous quarterly dividend of $1.15. The ex-dividend date was Wednesday, July 12th. This represents a $4.80 dividend on an annualized basis and a yield of 3.13%. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is presently 58.04%.

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Several analysts have recently issued reports on the stock. BidaskClub raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating in a research report on Friday, June 30th. Instinet assumed coverage on shares of Cracker Barrel Old Country Store in a research report on Wednesday, July 12th. They issued a “neutral” rating and a $162.00 price target on the stock. Nomura assumed coverage on shares of Cracker Barrel Old Country Store in a research report on Wednesday, July 12th. They issued a “neutral” rating and a $162.00 price target on the stock. Zacks Investment Research raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $181.00 price target on the stock in a research report on Wednesday, July 12th. Finally, Wells Fargo & Company reissued a “market perform” rating and issued a $156.00 price target (down previously from $157.50) on shares of Cracker Barrel Old Country Store in a research report on Thursday, May 25th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. Cracker Barrel Old Country Store presently has a consensus rating of “Hold” and an average target price of $165.78.

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.

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

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