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

Versor Investments LP grew its stake in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) by 234.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,400 shares of the restaurant operator's stock after purchasing an additional 10,800 shares during the quarter. Versor Investments LP owned approximately 0.07% of Cracker Barrel Old Country Store worth $814,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Point72 Asset Management L.P. purchased a new stake in Cracker Barrel Old Country Store during the 3rd quarter valued at approximately $2,526,000. Cibc World Market Inc. acquired a new stake in shares of Cracker Barrel Old Country Store in the 4th quarter worth $11,711,000. Good Life Advisors LLC acquired a new stake in Cracker Barrel Old Country Store in the fourth quarter valued at about $404,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 buying an additional 111,892 shares during the period. Finally, Total Clarity Wealth Management Inc. purchased a new position in shares of Cracker Barrel Old Country Store in the 4th quarter valued at about $256,000. Hedge funds and other institutional investors own 96.01% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Loop Capital raised their price target on 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 upped their target price on shares of Cracker Barrel Old Country Store from $46.00 to $58.00 and gave the company a "neutral" rating in a report on Thursday, December 5th. Bank of America lifted their price target on shares of Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an "underperform" rating in a report on Thursday, December 5th. Argus raised shares of Cracker Barrel Old Country Store from a "hold" rating to a "buy" rating and set a $52.00 price objective on the stock in a research note on Monday, November 18th. Finally, StockNews.com raised shares of Cracker Barrel Old Country Store from a "sell" rating to a "hold" rating in a research note on Sunday. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, Cracker Barrel Old Country Store currently has an average rating of "Hold" and a consensus price target of $57.63.

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Cracker Barrel Old Country Store Trading Down 1.9 %

Shares of CBRL traded down $0.77 during mid-day trading on Tuesday, reaching $40.46. The company had a trading volume of 573,332 shares, compared to its average volume of 727,051. The company has a current ratio of 0.69, a quick ratio of 0.24 and a debt-to-equity ratio of 1.20. The stock has a market cap of $900.55 million, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 8.36 and a beta of 1.48. The firm has a fifty day simple moving average of $54.84 and a 200-day simple moving average of $49.18. Cracker Barrel Old Country Store, Inc. has a fifty-two week low of $34.88 and a fifty-two week high of $74.21.

About Cracker Barrel Old Country Store

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.