Pinnacle Financial Partners Inc. raised its position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 5.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,100 shares of the restaurant operator’s stock after purchasing an additional 500 shares during the period. Pinnacle Financial Partners Inc.’s holdings in Cracker Barrel Old Country Store were worth $1,446,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp raised its stake in shares of Cracker Barrel Old Country Store by 2.9% in the 2nd quarter. State Street Corp now owns 739,419 shares of the restaurant operator’s stock valued at $123,663,000 after acquiring an additional 20,932 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Cracker Barrel Old Country Store by 5.5% in the 3rd quarter. Wells Fargo & Company MN now owns 736,094 shares of the restaurant operator’s stock valued at $111,607,000 after acquiring an additional 38,517 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Cracker Barrel Old Country Store by 8.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 415,497 shares of the restaurant operator’s stock valued at $62,997,000 after acquiring an additional 31,884 shares in the last quarter. APG Asset Management N.V. raised its stake in shares of Cracker Barrel Old Country Store by 80.8% in the 4th quarter. APG Asset Management N.V. now owns 307,400 shares of the restaurant operator’s stock valued at $40,675,000 after acquiring an additional 137,400 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Cracker Barrel Old Country Store by 5.7% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 224,846 shares of the restaurant operator’s stock valued at $35,726,000 after acquiring an additional 12,105 shares in the last quarter. 89.22% of the stock is owned by institutional investors.

Cracker Barrel Old Country Store, Inc. (NASDAQ CBRL) opened at $167.68 on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.93 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $4,077.43, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.99 and a beta of 0.56. Cracker Barrel Old Country Store, Inc. has a 1 year low of $141.75 and a 1 year high of $179.12.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last issued its quarterly earnings results on Tuesday, November 21st. The restaurant operator reported $1.92 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.86 by $0.06. The company had revenue of $710.40 million for the quarter, compared to the consensus estimate of $718.85 million. Cracker Barrel Old Country Store had a return on equity of 35.14% and a net margin of 6.83%. The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the previous year, the business posted $2.01 EPS. equities analysts anticipate that Cracker Barrel Old Country Store, Inc. will post 9.55 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, February 5th. Shareholders of record on Friday, January 12th were given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 2.86%. The ex-dividend date of this dividend was Thursday, January 11th. Cracker Barrel Old Country Store’s dividend payout ratio is currently 57.90%.

A number of research analysts recently weighed in on CBRL shares. SunTrust Banks reissued a “hold” rating and issued a $136.00 price objective on shares of Cracker Barrel Old Country Store in a research note on Friday, October 20th. Zacks Investment Research raised Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating and set a $173.00 price objective on the stock in a research note on Wednesday, November 8th. Longbow Research downgraded Cracker Barrel Old Country Store from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 22nd. Maxim Group reissued a “hold” rating and issued a $160.00 price objective on shares of Cracker Barrel Old Country Store in a research note on Wednesday, November 22nd. Finally, BidaskClub raised Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. Cracker Barrel Old Country Store has an average rating of “Hold” and a consensus target price of $161.13.

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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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