Vanguard Group Inc. Has $138.14 Million Stock Position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Vanguard Group Inc. increased its holdings in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,613,358 shares of the restaurant operator’s stock after buying an additional 13,305 shares during the quarter. Vanguard Group Inc. owned 11.74% of Cracker Barrel Old Country Store worth $138,142,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CBRL. Smartleaf Asset Management LLC lifted its holdings in shares of Cracker Barrel Old Country Store by 1,601.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 970 shares of the restaurant operator’s stock worth $52,000 after acquiring an additional 913 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in Cracker Barrel Old Country Store in the 4th quarter valued at approximately $56,000. Public Employees Retirement System of Ohio boosted its position in Cracker Barrel Old Country Store by 22.4% in the third quarter. Public Employees Retirement System of Ohio now owns 1,349 shares of the restaurant operator’s stock valued at $61,000 after buying an additional 247 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Cracker Barrel Old Country Store by 142.8% during the fourth quarter. GAMMA Investing LLC now owns 2,370 shares of the restaurant operator’s stock worth $125,000 after buying an additional 1,394 shares during the last quarter. Finally, MML Investors Services LLC bought a new stake in shares of Cracker Barrel Old Country Store during the third quarter worth $213,000. 96.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CBRL. Benchmark reissued a “hold” rating on shares of Cracker Barrel Old Country Store in a report on Monday, March 10th. Citigroup lifted their price target on Cracker Barrel Old Country Store from $38.00 to $39.00 and gave the company a “sell” rating in a research note on Friday, March 7th. Loop Capital lowered their price objective on Cracker Barrel Old Country Store from $55.00 to $50.00 and set a “hold” rating for the company in a research note on Friday, March 7th. StockNews.com upgraded shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Sunday, March 2nd. Finally, Truist Financial upgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and upped their price target for the company from $51.00 to $55.00 in a research report on Monday, March 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $57.13.

Cracker Barrel Old Country Store Trading Down 1.5 %

CBRL opened at $36.65 on Tuesday. Cracker Barrel Old Country Store, Inc. has a twelve month low of $33.86 and a twelve month high of $66.93. The company has a fifty day moving average of $46.69 and a 200-day moving average of $49.34. The stock has a market cap of $815.94 million, a PE ratio of 20.25, a price-to-earnings-growth ratio of 8.36 and a beta of 1.39. The company has a quick ratio of 0.24, a current ratio of 0.69 and a debt-to-equity ratio of 1.20.

Cracker Barrel Old Country Store Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, April 11th. This represents a $1.00 dividend on an annualized basis and a yield of 2.73%. Cracker Barrel Old Country Store’s payout ratio is currently 62.11%.

Cracker Barrel Old Country Store Profile

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.