Captrust Financial Advisors lowered its stake in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL – Free Report) by 19.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 5,941 shares of the restaurant operator’s stock after selling 1,443 shares during the period. Captrust Financial Advisors’ holdings in Cracker Barrel Old Country Store were worth $269,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the stock. Marshall Wace LLP acquired a new position in shares of Cracker Barrel Old Country Store in the second quarter valued at approximately $25,636,000. Charles Schwab Investment Management Inc. boosted its stake in Cracker Barrel Old Country Store by 11.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,075,016 shares of the restaurant operator’s stock valued at $48,752,000 after purchasing an additional 111,892 shares during the period. Landscape Capital Management L.L.C. acquired a new position in Cracker Barrel Old Country Store in the 3rd quarter valued at $1,287,000. AQR Capital Management LLC increased its position in Cracker Barrel Old Country Store by 57.1% during the 2nd quarter. AQR Capital Management LLC now owns 62,309 shares of the restaurant operator’s stock worth $2,624,000 after buying an additional 22,658 shares during the period. Finally, International Assets Investment Management LLC bought a new position in Cracker Barrel Old Country Store during the 3rd quarter worth $1,016,000. 96.01% of the stock is owned by institutional investors.
Cracker Barrel Old Country Store Stock Down 0.1 %
NASDAQ CBRL opened at $51.24 on Friday. The business has a fifty day moving average price of $48.81 and a two-hundred day moving average price of $44.75. The stock has a market capitalization of $1.14 billion, a PE ratio of 28.31, a PEG ratio of 2.15 and a beta of 1.45. Cracker Barrel Old Country Store, Inc. has a fifty-two week low of $34.88 and a fifty-two week high of $83.51. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.69 and a quick ratio of 0.24.
Cracker Barrel Old Country Store (NASDAQ:CBRL – Get Free Report) last announced its quarterly earnings data on Thursday, September 19th. The restaurant operator reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.19). Cracker Barrel Old Country Store had a return on equity of 18.61% and a net margin of 1.15%. The business had revenue of $894.39 million for the quarter, compared to the consensus estimate of $898.94 million. During the same quarter in the prior year, the company earned $1.79 earnings per share. Cracker Barrel Old Country Store’s quarterly revenue was up 6.9% compared to the same quarter last year. Equities analysts expect that Cracker Barrel Old Country Store, Inc. will post 2.82 earnings per share for the current fiscal year.
Cracker Barrel Old Country Store Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Friday, January 17th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Friday, January 17th. Cracker Barrel Old Country Store’s dividend payout ratio is 55.25%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on CBRL. UBS Group boosted their target price on shares of Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Truist Financial increased their target price on shares of Cracker Barrel Old Country Store from $44.00 to $48.00 and gave the stock a “hold” rating in a research report on Friday, November 15th. Loop Capital lifted their price target on shares of Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Piper Sandler increased their price target on Cracker Barrel Old Country Store from $46.00 to $58.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Finally, Bank of America raised their price objective on Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an “underperform” rating in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $57.25.
View Our Latest Report on Cracker Barrel Old Country Store
Cracker Barrel Old Country Store Company Profile
(Free Report)
Cracker Barrel Old Country Store, Inc develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company’s restaurants serve breakfast, lunch, and dinner daily, as well as dine-in, pick-up, and delivery services.
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