Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) saw unusually-strong trading volume on Wednesday . Approximately 391,652 shares changed hands during mid-day trading, an increase of 10% from the previous session’s volume of 355,143 shares.The stock last traded at $155.73 and had previously closed at $162.52.

Several equities research analysts have commented 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 price objective for the company in a research note 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 price objective for the company in a research note on Thursday, April 7th. Maxim Group increased their price objective on shares of Cracker Barrel Old Country Store from $155.00 to $166.00 and gave the company a “buy” rating in a research note on Monday, March 21st. Telsey Advisory Group lowered shares of Cracker Barrel Old Country Store from an “outperform” rating to a “market perform” rating and increased their price objective for the company from $160.00 to $172.00 in a research note on Thursday, June 2nd. Finally, SunTrust Banks Inc. increased their price objective on shares of Cracker Barrel Old Country Store from $151.00 to $152.00 and gave the company a “neutral” rating in a research note on Thursday, June 2nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Cracker Barrel Old Country Store has an average rating of “Hold” and a consensus price target of $167.17.

The firm has a market capitalization of $3.73 billion and a P/E ratio of 20.16. The company has a 50-day moving average of $165.81 and a 200-day moving average of $147.66.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings data on Wednesday, June 1st. The company reported $1.82 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 the consensus estimate of $705.60 million. The company’s revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.49 EPS. On average, analysts predict that Cracker Barrel Old Country Store Inc. will post $7.56 earnings per share for the current year.

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

In related news, VP Laura A. Daily sold 600 shares of the business’s stock in a transaction dated Wednesday, June 22nd. The shares were 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 of the company’s stock, valued at $1,049,793.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

A number of large investors have bought and sold shares of CBRL. Dimensional Fund Advisors LP raised its stake in Cracker Barrel Old Country Store by 9.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 485,765 shares of the company’s stock valued at $61,609,000 after buying an additional 41,526 shares during the last quarter. BNP Paribas Arbitrage SA raised 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 last quarter. Hodges Capital Management Inc. raised its stake in Cracker Barrel Old Country Store by 0.6% in the fourth quarter. Hodges Capital Management Inc. now owns 236,120 shares of the company’s stock valued at $29,947,000 after buying an additional 1,438 shares during the last quarter. Suntrust Banks Inc. raised its stake in Cracker Barrel Old Country Store by 97.1% in the fourth quarter. Suntrust Banks Inc. now owns 12,905 shares of the company’s stock valued at $1,635,000 after buying an additional 6,357 shares during the last quarter. Finally, Burney Co. raised its stake in Cracker Barrel Old Country Store by 496.1% in the fourth quarter. Burney Co. now owns 18,093 shares of the company’s stock valued at $2,280,000 after buying an additional 15,058 shares during the last quarter.

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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