Aperio Group LLC lifted its position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 24.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,273 shares of the restaurant operator’s stock after purchasing an additional 7,869 shares during the period. Aperio Group LLC owned 0.17% of Cracker Barrel Old Country Store worth $6,106,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of CBRL. Russell Investments Group Ltd. boosted its holdings in shares of Cracker Barrel Old Country Store by 884.8% during the first quarter. Russell Investments Group Ltd. now owns 1,812 shares of the restaurant operator’s stock worth $289,000 after purchasing an additional 1,628 shares during the period. UBS Asset Management Americas Inc. raised its stake in Cracker Barrel Old Country Store by 17.3% in the first quarter. UBS Asset Management Americas Inc. now owns 11,754 shares of the restaurant operator’s stock worth $1,872,000 after buying an additional 1,734 shares in the last quarter. Prudential Financial Inc. raised its stake in Cracker Barrel Old Country Store by 5.5% in the first quarter. Prudential Financial Inc. now owns 15,908 shares of the restaurant operator’s stock worth $2,533,000 after buying an additional 832 shares in the last quarter. OppenheimerFunds Inc. raised its stake in Cracker Barrel Old Country Store by 25.3% in the first quarter. OppenheimerFunds Inc. now owns 4,494 shares of the restaurant operator’s stock worth $716,000 after buying an additional 907 shares in the last quarter. Finally, Teachers Advisors LLC raised its stake in Cracker Barrel Old Country Store by 5.1% in the first quarter. Teachers Advisors LLC now owns 33,247 shares of the restaurant operator’s stock worth $5,295,000 after buying an additional 1,606 shares in the last quarter. Institutional investors own 86.17% of the company’s stock.

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In related news, CEO Sandra B. Cochran sold 36,794 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $151.67, for a total transaction of $5,580,545.98. Following the completion of the sale, the chief executive officer now owns 157,591 shares of the company’s stock, valued at $23,901,826.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrea Weiss sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $153.39, for a total transaction of $306,780.00. Following the sale, the director now directly owns 11,758 shares of the company’s stock, valued at approximately $1,803,559.62. The disclosure for this sale can be found here. 0.86% of the stock is owned by company insiders.

Cracker Barrel Old Country Store, Inc. (CBRL) opened at $156.07 on Monday. Cracker Barrel Old Country Store, Inc. has a one year low of $131.74 and a one year high of $175.04. The firm has a market cap of $3,760.40, a P/E ratio of 18.62, a price-to-earnings-growth ratio of 2.62 and a beta of 0.48. The company has a current ratio of 0.95, a quick ratio of 0.54 and a debt-to-equity ratio of 0.73.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Wednesday, September 13th. The restaurant operator reported $2.23 earnings per share for the quarter, beating 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 business had revenue of $743.20 million during the quarter, compared to the consensus estimate of $746.72 million. During the same quarter last year, the firm earned $2.12 earnings per share. The business’s revenue for the quarter was down .3% on a year-over-year basis. equities research analysts expect that Cracker Barrel Old Country Store, Inc. will post 8.78 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 6th. Investors of record on Friday, October 13th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 3.08%. The ex-dividend date of this dividend is Thursday, October 12th. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is currently 57.28%.

Cracker Barrel Old Country Store announced that its Board of Directors has authorized a stock buyback plan on Friday, September 29th that permits the company to buyback $25.00 million in shares. This buyback authorization permits the restaurant operator to reacquire up to 0.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

A number of equities analysts recently issued reports on CBRL shares. Zacks Investment Research raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $181.00 price target for the company in a research note on Wednesday, July 12th. Maxim Group reissued a “hold” rating and issued a $160.00 price target (up from $155.00) on shares of Cracker Barrel Old Country Store in a research note on Wednesday, October 11th. BidaskClub downgraded shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $136.00 price target on shares of Cracker Barrel Old Country Store in a research note on Friday, October 20th. Finally, Instinet reissued a “neutral” rating and issued a $158.00 price target (down from $162.00) on shares of Cracker Barrel Old Country Store in a research note on Thursday, September 14th. Three analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. The stock presently has an average rating of “Hold” and an average price target of $161.00.

Cracker Barrel Old Country Store 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.

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

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