Duality Advisers LP purchased a new position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 22,843 shares of the restaurant operator’s stock, valued at approximately $2,534,000.

Other hedge funds have also recently bought and sold shares of the company. Trust Co. of Virginia VA bought a new stake in Cracker Barrel Old Country Store in the second quarter valued at approximately $222,000. Trustcore Financial Services LLC boosted its stake in shares of Cracker Barrel Old Country Store by 1,216.6% in the 2nd quarter. Trustcore Financial Services LLC now owns 5,240 shares of the restaurant operator’s stock valued at $581,000 after purchasing an additional 4,842 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Cracker Barrel Old Country Store by 9.8% during the second quarter. Stratos Wealth Partners LTD. now owns 2,807 shares of the restaurant operator’s stock worth $311,000 after buying an additional 251 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Cracker Barrel Old Country Store by 45.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,642 shares of the restaurant operator’s stock worth $293,000 after buying an additional 826 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Cracker Barrel Old Country Store by 21.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 3,362 shares of the restaurant operator’s stock valued at $373,000 after acquiring an additional 592 shares during the last quarter. Hedge funds and other institutional investors own 79.15% of the company’s stock.

Several equities research analysts recently commented on the company. Zacks Investment Research raised Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $132.00 target price for the company in a research note on Friday, June 5th. SunTrust Banks upgraded Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and raised their target price for the company from $117.00 to $133.00 in a research note on Wednesday, June 3rd. ValuEngine upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Thursday, May 21st. Bank of America lifted their price objective on shares of Cracker Barrel Old Country Store from $108.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Telsey Advisory Group raised their price target on shares of Cracker Barrel Old Country Store from $115.00 to $130.00 and gave the company a “market perform” rating in a research report on Friday, June 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. Cracker Barrel Old Country Store presently has a consensus rating of “Hold” and an average target price of $133.43.

Shares of NASDAQ CBRL opened at $110.47 on Friday. Cracker Barrel Old Country Store, Inc. has a 1-year low of $53.61 and a 1-year high of $175.88. The company has a current ratio of 1.58, a quick ratio of 1.16 and a debt-to-equity ratio of 3.56. The stock has a fifty day simple moving average of $108.32 and a two-hundred day simple moving average of $115.30. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 480.33 and a beta of 1.10.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its quarterly earnings data on Tuesday, June 2nd. The restaurant operator reported ($1.81) earnings per share for the quarter, missing the consensus estimate of ($1.60) by ($0.21). The firm had revenue of $432.50 million during the quarter, compared to analysts’ expectations of $436.22 million. Cracker Barrel Old Country Store had a return on equity of 24.85% and a net margin of 0.27%. The company’s revenue was down 41.5% compared to the same quarter last year. During the same period last year, the business posted $2.09 EPS. Analysts forecast that Cracker Barrel Old Country Store, Inc. will post 2.28 EPS for the current year.

Cracker Barrel Old Country Store Company 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 a restaurant with a gift shop. The company's restaurants serve breakfast, lunch, and dinner. Its gift shops offer various decorative and functional items, such as rocking chairs, holiday and seasonal gifts, toys, apparel, music CDs, cookware, and various other gift items, as well as pies, cornbread mixes, coffee, syrups, pancake mixes, candies, preserves, and other food items.

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

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