Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Shares Bought by Amundi

Amundi boosted its stake in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) by 202.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,729 shares of the restaurant operator's stock after acquiring an additional 7,181 shares during the quarter. Amundi's holdings in Cracker Barrel Old Country Store were worth $615,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC raised its holdings in Cracker Barrel Old Country Store by 1,601.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 970 shares of the restaurant operator's stock worth $52,000 after purchasing an additional 913 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Cracker Barrel Old Country Store by 22.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,349 shares of the restaurant operator's stock worth $61,000 after buying an additional 247 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cracker Barrel Old Country Store in the 3rd quarter valued at approximately $79,000. GAMMA Investing LLC boosted its stake in shares of Cracker Barrel Old Country Store by 142.8% in the fourth quarter. GAMMA Investing LLC now owns 2,370 shares of the restaurant operator's stock valued at $125,000 after buying an additional 1,394 shares in the last quarter. Finally, MML Investors Services LLC acquired a new position in Cracker Barrel Old Country Store during the third quarter worth $213,000. 96.01% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of equities research analysts have commented on CBRL shares. UBS Group raised their target price on Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the company a "neutral" rating in a report on Thursday, December 5th. Loop Capital decreased their price objective on shares of Cracker Barrel Old Country Store from $55.00 to $50.00 and set a "hold" rating on the stock in a report on Friday, March 7th. Bank of America upped their target price on shares of Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an "underperform" rating in a research report on Thursday, December 5th. 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, Benchmark restated a "hold" rating on shares of Cracker Barrel Old Country Store in a report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $57.13.

Cracker Barrel Old Country Store Trading Up 1.6 %

NASDAQ CBRL traded up $0.64 during mid-day trading on Monday, reaching $41.02. 1,090,804 shares of the stock were exchanged, compared to its average volume of 794,132. The business's fifty day simple moving average is $50.84 and its 200 day simple moving average is $49.29. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.24 and a current ratio of 0.69. The stock has a market capitalization of $913.23 million, a PE ratio of 22.66, a PEG ratio of 8.36 and a beta of 1.57. Cracker Barrel Old Country Store, Inc. has a 1-year low of $34.88 and a 1-year high of $74.21.

Cracker Barrel Old Country Store Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Friday, April 11th. Cracker Barrel Old Country Store's dividend 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.