Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL)’s share price rose 1% on Tuesday . The stock traded as high as $155.43 and last traded at $154.75, with a volume of 116,773 shares trading hands. The stock had previously closed at $153.26.

CBRL has been the topic of several recent research reports. Zacks Investment Research upgraded 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. Telsey Advisory Group lowered Cracker Barrel Old Country Store from an “outperform” rating to a “market perform” rating and lifted their price objective for the stock from $160.00 to $172.00 in a research note on Thursday, June 2nd. Bank of America Corp. lowered Cracker Barrel Old Country Store from a “neutral” rating to an “underperform” rating and set a $140.00 price objective on the stock. in a research note on Monday, July 11th. They noted that the move was a valuation call. Longbow Research upgraded Cracker Barrel Old Country Store from a “neutral” rating to a “buy” rating and set a $187.00 price objective on the stock in a research note on Thursday, April 7th. Finally, SunTrust Banks Inc. lifted their price objective on Cracker Barrel Old Country Store from $151.00 to $152.00 and gave the stock a “neutral” rating in a research note on Thursday, June 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $167.17.

The company has a 50-day moving average price of $165.92 and a 200-day moving average price of $148.54. The firm has a market cap of $3.75 billion and a price-to-earnings ratio of 20.28.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Wednesday, June 1st. The company reported $1.82 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.80 by $0.02. The company earned $700.10 million during the quarter, compared to analyst estimates of $705.60 million. Cracker Barrel Old Country Store’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.49 earnings per share. Equities research analysts predict that Cracker Barrel Old Country Store Inc. will post $7.56 EPS for the current fiscal year.

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

In related news, VP Laura A. Daily sold 600 shares of the company’s stock in a transaction on Wednesday, June 22nd. The shares were sold at an average price of $168.75, for a total value of $101,250.00. Following the completion of the transaction, the vice president now directly owns 6,221 shares of the company’s stock, valued at approximately $1,049,793.75. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Other institutional investors recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its position in shares of Cracker Barrel Old Country Store by 32.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,046 shares of the company’s stock worth $1,021,000 after buying an additional 1,988 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of 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 worth $1,316,000 after buying an additional 90 shares during the last quarter. Suntrust Banks Inc. raised its position in shares of 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 worth $1,635,000 after buying an additional 6,357 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in shares of 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 worth $1,769,000 after buying an additional 186 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. raised its position in shares of Cracker Barrel Old Country Store by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 15,434 shares of the company’s stock worth $1,956,000 after buying an additional 5,238 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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