Great West Life Assurance Co. Can increased its stake in Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) by 2.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,580 shares of the company’s stock after buying an additional 277 shares during the period. Great West Life Assurance Co. Can’s holdings in Cracker Barrel Old Country Store were worth $1,795,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of CBRL. Fiera Capital Corp bought a new position in shares of Cracker Barrel Old Country Store during the second quarter valued at about $17,311,000. FMR LLC increased its position in shares of Cracker Barrel Old Country Store by 28.8% in the second quarter. FMR LLC now owns 366,455 shares of the company’s stock valued at $62,836,000 after buying an additional 81,955 shares during the period. Ameriprise Financial Inc. increased its position in shares of Cracker Barrel Old Country Store by 12.7% in the second quarter. Ameriprise Financial Inc. now owns 592,721 shares of the company’s stock valued at $102,903,000 after buying an additional 66,896 shares during the period. BlackRock Fund Advisors increased its position in shares of Cracker Barrel Old Country Store by 5.5% in the second quarter. BlackRock Fund Advisors now owns 1,112,755 shares of the company’s stock valued at $190,804,000 after buying an additional 57,987 shares during the period. Finally, Lord Abbett & CO. LLC bought a new position in shares of Cracker Barrel Old Country Store during the second quarter valued at about $7,305,000. Institutional investors and hedge funds own 81.95% of the company’s stock.

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

Shares of Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) traded up 1.11% during mid-day trading on Tuesday, hitting $163.37. The stock had a trading volume of 257,482 shares. The firm has a market capitalization of $3.93 billion, a PE ratio of 20.00 and a beta of 0.31. The stock’s 50-day moving average is $141.77 and its 200-day moving average is $151.78. Cracker Barrel Old Country Store Inc. has a 1-year low of $118.01 and a 1-year high of $172.89.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its earnings results on Tuesday, November 22nd. The company reported $2.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.84 by $0.17. Cracker Barrel Old Country Store had a return on equity of 34.26% and a net margin of 6.74%. The firm had revenue of $710 million for the quarter, compared to analysts’ expectations of $713.73 million. During the same quarter in the previous year, the business posted $1.70 earnings per share. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. Equities analysts expect that Cracker Barrel Old Country Store Inc. will post $8.23 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 6th. Shareholders of record on Friday, January 13th will be given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Wednesday, January 11th. Cracker Barrel Old Country Store’s dividend payout ratio is presently 56.23%.

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Several research analysts recently issued reports on CBRL shares. Telsey Advisory Group reduced their price target on shares of Cracker Barrel Old Country Store from $172.00 to $160.00 and set a “market perform” rating on the stock in a research report on Tuesday, August 30th. Zacks Investment Research upgraded shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Wednesday, September 28th. Wells Fargo & Co. restated a “market perform” rating and set a $132.50 target price (down from $164.00) on shares of Cracker Barrel Old Country Store in a research report on Friday, September 16th. Maxim Group upped their target price on shares of Cracker Barrel Old Country Store from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, November 15th. Finally, Bank of America Corp. restated a “sell” rating and set a $140.00 target price on shares of Cracker Barrel Old Country Store in a research report on Thursday, September 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $162.50.

In other Cracker Barrel Old Country Store news, Director Andrea Weiss sold 2,000 shares of Cracker Barrel Old Country Store stock in a transaction dated Friday, November 25th. The stock was sold at an average price of $164.50, for a total value of $329,000.00. Following the transaction, the director now owns 11,758 shares in the company, valued at $1,934,191. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Nicholas V. Flanagan sold 10,000 shares of Cracker Barrel Old Country Store stock in a transaction dated Friday, November 25th. The shares were sold at an average price of $164.05, for a total value of $1,640,500.00. Following the completion of the transaction, the vice president now owns 12,679 shares in the company, valued at approximately $2,079,989.95. The disclosure for this sale can be found here. 1.00% of the stock is owned by company insiders.

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.

5 Day Chart for NASDAQ:CBRL

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