Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) shares were down 1.3% during mid-day trading on Friday . The stock traded as low as $165.05 and last traded at $165.80, with a volume of 275,208 shares. The stock had previously closed at $167.93.

Several research analysts have recently issued reports on CBRL shares. Zacks Investment Research upgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $186.00 target price on the stock in a report on Friday, June 3rd. Longbow Research upgraded shares of Cracker Barrel Old Country Store from a “neutral” rating to a “buy” rating and set a $187.00 target price on the stock in a report on Thursday, April 7th. Maxim Group lifted their price target on shares of Cracker Barrel Old Country Store from $155.00 to $166.00 and gave the company a “buy” rating in a report on Monday, March 21st. Telsey Advisory Group cut shares of Cracker Barrel Old Country Store from an “outperform” rating to a “market perform” rating and lifted their price target for the company from $160.00 to $172.00 in a report on Thursday, June 2nd. Finally, SunTrust Banks Inc. lifted their price target on shares of Cracker Barrel Old Country Store from $151.00 to $152.00 and gave the company a “neutral” rating in a report on Thursday, June 2nd. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $172.60.

The firm has a market capitalization of $3.94 billion and a price-to-earnings ratio of 21.34. The firm has a 50-day moving average of $164.10 and a 200-day moving average of $146.65.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings data on Wednesday, June 1st. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.02. The business had revenue of $700.10 million for the quarter, compared to analyst estimates of $705.60 million. Cracker Barrel Old Country Store’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.49 EPS. Analysts anticipate that Cracker Barrel Old Country Store Inc. will post $7.57 earnings per share for the current fiscal year.

The firm also recently disclosed a special dividend, which will be paid on Friday, July 29th. Stockholders of record on Friday, July 15th will be issued a dividend of $3.25 per share. This represents a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, July 13th.

In other news, VP Laura A. Daily sold 600 shares of the firm’s stock in a transaction on Wednesday, June 22nd. The stock was sold at an average price of $168.75, for a total transaction of $101,250.00. Following the sale, the vice president now owns 6,221 shares in the company, valued at $1,049,793.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Other large investors have bought and sold shares of the company. State Board of Administration of Florida Retirement System boosted its stake in Cracker Barrel Old Country Store by 0.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 10,373 shares of the company’s stock valued at $1,316,000 after buying an additional 90 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Cracker Barrel Old Country Store by 1.4% in the fourth quarter. BNP Paribas Arbitrage SA now owns 13,946 shares of the company’s stock valued at $1,769,000 after buying an additional 186 shares during the period. Retirement Systems of Alabama boosted its stake in Cracker Barrel Old Country Store by 1.2% in the fourth quarter. Retirement Systems of Alabama now owns 30,759 shares of the company’s stock valued at $3,901,000 after buying an additional 376 shares during the period. Principal Financial Group Inc. boosted its stake in Cracker Barrel Old Country Store by 0.5% in the fourth quarter. Principal Financial Group Inc. now owns 74,830 shares of the company’s stock valued at $9,490,000 after buying an additional 379 shares during the period. Finally, Alta Capital Management LLC boosted its stake in Cracker Barrel Old Country Store by 4.8% in the fourth quarter. Alta Capital Management LLC now owns 9,415 shares of the company’s stock valued at $1,194,000 after buying an additional 434 shares during the period.

Cracker Barrel Old Country Store, Inc is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). Each Cracker Barrel store consists of a restaurant with a gift shop. The format of its stores consists of a trademarked 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.

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