Pioneer Investment Management Inc. held its stake in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,528 shares of the restaurant operator’s stock at the end of the second quarter. Pioneer Investment Management Inc.’s holdings in Cracker Barrel Old Country Store were worth $9,622,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Guggenheim Capital LLC raised its position in Cracker Barrel Old Country Store by 48.0% in the fourth quarter. Guggenheim Capital LLC now owns 5,301 shares of the restaurant operator’s stock worth $885,000 after buying an additional 1,720 shares during the last quarter. Teachers Advisors LLC raised its position in Cracker Barrel Old Country Store by 2.5% in the fourth quarter. Teachers Advisors LLC now owns 31,641 shares of the restaurant operator’s stock worth $5,283,000 after buying an additional 783 shares during the last quarter. Bank of Montreal Can raised its position in Cracker Barrel Old Country Store by 0.7% in the first quarter. Bank of Montreal Can now owns 3,526 shares of the restaurant operator’s stock worth $562,000 after buying an additional 23 shares during the last quarter. Capstone Asset Management Co. raised its position in Cracker Barrel Old Country Store by 25.4% in the first quarter. Capstone Asset Management Co. now owns 2,481 shares of the restaurant operator’s stock worth $395,000 after buying an additional 503 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in Cracker Barrel Old Country Store by 3.4% in the first quarter. Louisiana State Employees Retirement System now owns 6,100 shares of the restaurant operator’s stock worth $971,000 after buying an additional 200 shares during the last quarter. Institutional investors own 88.85% of the company’s stock.

Cracker Barrel Old Country Store, Inc. (NASDAQ CBRL) opened at 152.51 on Friday. Cracker Barrel Old Country Store, Inc. has a one year low of $130.15 and a one year high of $175.04. The company’s 50-day moving average price is $159.38 and its 200-day moving average price is $160.96. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 18.49 and a beta of 0.51.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Tuesday, May 23rd. The restaurant operator reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.10. The firm had revenue of $700.40 million for the quarter, compared to the consensus estimate of $713.06 million. Cracker Barrel Old Country Store had a return on equity of 35.27% and a net margin of 6.80%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.82 EPS. On average, analysts anticipate that Cracker Barrel Old Country Store, Inc. will post $8.33 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 4th. Shareholders of record on Friday, July 14th were paid a dividend of $1.20 per share. The ex-dividend date was Wednesday, July 12th. This represents a $4.80 annualized dividend and a yield of 3.15%. This is an increase from Cracker Barrel Old Country Store’s previous quarterly dividend of $1.15. Cracker Barrel Old Country Store’s payout ratio is presently 58.04%.

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CBRL has been the topic of a number of recent research reports. Zacks Investment Research lowered Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. Nomura initiated coverage on Cracker Barrel Old Country Store in a report on Wednesday, July 12th. They issued a “neutral” rating and a $162.00 target price on the stock. BidaskClub lowered Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Instinet initiated coverage on Cracker Barrel Old Country Store in a report on Wednesday, July 12th. They issued a “neutral” rating and a $162.00 target price on the stock. Finally, Wells Fargo & Company reissued a “market perform” rating and issued a $156.00 target price (down previously from $157.50) on shares of Cracker Barrel Old Country Store in a report on Thursday, May 25th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $165.78.

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.

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

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