Swiss National Bank held its position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,850 shares of the restaurant operator’s stock at the close of the second quarter. Swiss National Bank owned 0.13% of Cracker Barrel Old Country Store worth $5,327,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jensen Investment Management Inc. increased its stake in Cracker Barrel Old Country Store by 24.4% in the second quarter. Jensen Investment Management Inc. now owns 3,880 shares of the restaurant operator’s stock valued at $649,000 after purchasing an additional 760 shares during the period. Scout Investments Inc. increased its stake in Cracker Barrel Old Country Store by 1.3% in the second quarter. Scout Investments Inc. now owns 39,200 shares of the restaurant operator’s stock valued at $6,556,000 after purchasing an additional 500 shares during the period. Crawford Investment Counsel Inc. increased its stake in Cracker Barrel Old Country Store by 25.3% in the second quarter. Crawford Investment Counsel Inc. now owns 96,408 shares of the restaurant operator’s stock valued at $16,124,000 after purchasing an additional 19,437 shares during the period. Principal Financial Group Inc. increased its stake in Cracker Barrel Old Country Store by 4.1% in the second quarter. Principal Financial Group Inc. now owns 101,521 shares of the restaurant operator’s stock valued at $16,979,000 after purchasing an additional 4,038 shares during the period. Finally, Brighton Jones LLC acquired a new position in Cracker Barrel Old Country Store in the second quarter valued at $768,000. Institutional investors own 85.80% of the company’s stock.

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Cracker Barrel Old Country Store, Inc. (CBRL) opened at 146.44 on Wednesday. The stock’s 50 day moving average is $149.76 and its 200-day moving average is $158.57. Cracker Barrel Old Country Store, Inc. has a 52 week low of $130.15 and a 52 week high of $175.04. The firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of 17.75 and a beta of 0.52.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings results on Wednesday, September 13th. The restaurant operator reported $2.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.18 by $0.05. Cracker Barrel Old Country Store had a net margin of 6.90% and a return on equity of 35.49%. The company had revenue of $743.20 million for the quarter, compared to the consensus estimate of $746.72 million. During the same period last year, the firm posted $2.12 EPS. The company’s revenue for the quarter was down .3% on a year-over-year basis. On average, equities research analysts expect that Cracker Barrel Old Country Store, Inc. will post $8.81 EPS for the current year.

A number of research analysts have commented on CBRL shares. Maxim Group restated a “hold” rating and issued a $155.00 price objective (down from $170.00) on shares of Cracker Barrel Old Country Store in a research note on Thursday, September 7th. BidaskClub lowered shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Bank of America Corporation dropped their price objective on shares of Cracker Barrel Old Country Store from $150.00 to $140.00 and set an “underperform” rating on the stock in a research note on Monday, September 11th. Nomura dropped their price objective on shares of Cracker Barrel Old Country Store from $162.00 to $158.00 and set a “neutral” rating on the stock in a research note on Thursday, September 14th. Finally, Instinet restated a “neutral” rating and issued a $158.00 price objective (down from $162.00) on shares of Cracker Barrel Old Country Store in a research note on Thursday, September 14th. Three equities research analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $163.22.

In related news, CEO Sandra B. Cochran sold 36,794 shares of Cracker Barrel Old Country Store stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $151.67, for a total value of $5,580,545.98. Following the sale, the chief executive officer now directly owns 157,591 shares in the company, valued at approximately $23,901,826.97. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Andrea Weiss sold 2,000 shares of Cracker Barrel Old Country Store stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $153.39, for a total transaction of $306,780.00. Following the completion of the sale, the director now owns 11,758 shares in the company, valued at $1,803,559.62. The disclosure for this sale can be found here. Company insiders own 1.00% 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.

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

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