Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) VP Nicholas V. Flanagan sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 25th. The stock was sold at an average price of $164.05, for a total value of $1,640,500.00. Following the transaction, the vice president now directly owns 12,679 shares in the company, valued at $2,079,989.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) opened at 162.74 on Thursday. Cracker Barrel Old Country Store Inc. has a 52 week low of $118.01 and a 52 week high of $172.89. The firm has a 50-day moving average price of $141.77 and a 200-day moving average price of $151.78. The company has a market cap of $3.91 billion, a P/E ratio of 19.92 and a beta of 0.31.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last issued its quarterly earnings data on Tuesday, November 22nd. The company reported $2.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.84 by $0.17. The firm had revenue of $710 million for the quarter, compared to analyst estimates of $713.73 million. Cracker Barrel Old Country Store had a return on equity of 34.26% and a net margin of 6.74%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period last year, the company earned $1.70 EPS. Equities research analysts anticipate that Cracker Barrel Old Country Store Inc. will post $8.23 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 6th. Stockholders of record on Friday, January 13th will be given a $1.15 dividend. The ex-dividend date is Wednesday, January 11th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.83%. Cracker Barrel Old Country Store’s dividend payout ratio is currently 56.23%.

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CBRL has been the topic of a number of research reports. Maxim Group lowered their target price on Cracker Barrel Old Country Store from $178.00 to $170.00 and set a “buy” rating on the stock in a research report on Monday, August 8th. Telsey Advisory Group lowered their target price on 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 raised Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Tuesday, September 6th. Bank of America Corp. reaffirmed 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. Finally, Wells Fargo & Co. reaffirmed 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $162.50.

Large investors have recently modified their holdings of the company. Bellwether Investment Group LLC acquired a new stake in shares of Cracker Barrel Old Country Store during the second quarter worth $107,000. Synovus Financial Corp boosted its position in Cracker Barrel Old Country Store by 0.7% in the third quarter. Synovus Financial Corp now owns 902 shares of the company’s stock worth $120,000 after buying an additional 6 shares during the last quarter. Americafirst Capital Management LLC purchased a new position in Cracker Barrel Old Country Store during the second quarter worth approximately $128,000. Public Employees Retirement System of Ohio boosted its position in Cracker Barrel Old Country Store by 6.1% in the second quarter. Public Employees Retirement System of Ohio now owns 956 shares of the company’s stock worth $164,000 after buying an additional 55 shares during the last quarter. Finally, Seven Eight Capital LLC boosted its position in Cracker Barrel Old Country Store by 2,052.2% in the second quarter. Seven Eight Capital LLC now owns 990 shares of the company’s stock worth $170,000 after buying an additional 944 shares during the last quarter. Hedge funds and other institutional investors own 81.95% of the company’s stock.

Cracker Barrel Old Country Store Company 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.

5 Day Chart for NASDAQ:CBRL

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