Schwab Charles Investment Management Inc. lifted its holdings in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 5.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 199,397 shares of the restaurant operator’s stock after purchasing an additional 10,533 shares during the period. Schwab Charles Investment Management Inc. owned 0.83% of Cracker Barrel Old Country Store worth $33,350,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Koch Industries Inc. bought a new stake in shares of Cracker Barrel Old Country Store during the first quarter worth $232,000. Dimensional Fund Advisors LP grew its holdings in shares of Cracker Barrel Old Country Store by 2.9% during the first quarter. Dimensional Fund Advisors LP now owns 395,781 shares of the restaurant operator’s stock worth $63,028,000 after purchasing an additional 11,236 shares during the last quarter. California Public Employees Retirement System grew its holdings in shares of Cracker Barrel Old Country Store by 3.0% during the first quarter. California Public Employees Retirement System now owns 30,800 shares of the restaurant operator’s stock worth $4,905,000 after purchasing an additional 900 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Cracker Barrel Old Country Store by 18,784.9% during the first quarter. BlackRock Inc. now owns 2,252,783 shares of the restaurant operator’s stock worth $358,755,000 after purchasing an additional 2,240,854 shares during the last quarter. Finally, Miller Howard Investments Inc. NY grew its holdings in shares of Cracker Barrel Old Country Store by 3.8% during the second quarter. Miller Howard Investments Inc. NY now owns 384,548 shares of the restaurant operator’s stock worth $64,316,000 after purchasing an additional 14,114 shares during the last quarter. Institutional investors own 85.94% of the company’s stock.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) opened at 148.42 on Wednesday. The stock’s 50 day moving average price is $151.10 and its 200 day moving average price is $159.15. Cracker Barrel Old Country Store, Inc. has a 52 week low of $130.15 and a 52 week high of $175.04. The firm has a market cap of $3.57 billion, a price-to-earnings ratio of 17.99 and a beta of 0.52.

Several analysts have recently commented on CBRL shares. Zacks Investment Research upgraded Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $181.00 target price on the stock in a report on Wednesday, July 12th. BidaskClub raised Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Maxim Group reaffirmed a “hold” rating and set a $170.00 price target on shares of Cracker Barrel Old Country Store in a research note on Wednesday, May 17th. Wells Fargo & Company reaffirmed a “market perform” rating and set a $156.00 price target (down previously from $157.50) on shares of Cracker Barrel Old Country Store in a research note on Thursday, May 25th. Finally, Instinet assumed coverage on Cracker Barrel Old Country Store in a research note on Wednesday, July 12th. They set a “neutral” rating and a $162.00 price target on the stock. Three research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $164.11.

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Cracker Barrel Old Country Store 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)

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