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

Two Sigma Investments LP grew its holdings in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 284,717 shares of the restaurant operator's stock after purchasing an additional 11,068 shares during the period. Two Sigma Investments LP owned about 1.28% of Cracker Barrel Old Country Store worth $15,050,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Cracker Barrel Old Country Store by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 2,613,358 shares of the restaurant operator's stock worth $138,142,000 after buying an additional 13,305 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Cracker Barrel Old Country Store by 9.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,181,456 shares of the restaurant operator's stock worth $62,452,000 after acquiring an additional 106,440 shares in the last quarter. Marshall Wace LLP increased its position in shares of Cracker Barrel Old Country Store by 151.9% during the fourth quarter. Marshall Wace LLP now owns 767,006 shares of the restaurant operator's stock worth $40,544,000 after acquiring an additional 462,542 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of Cracker Barrel Old Country Store by 2.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 648,342 shares of the restaurant operator's stock worth $34,271,000 after acquiring an additional 16,333 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Cracker Barrel Old Country Store by 16.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 351,539 shares of the restaurant operator's stock valued at $18,584,000 after acquiring an additional 50,905 shares in the last quarter. Institutional investors and hedge funds own 96.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CBRL. Citigroup boosted their target price on Cracker Barrel Old Country Store from $38.00 to $39.00 and gave the stock a "sell" rating in a research note on Friday, March 7th. Loop Capital cut their target price on shares of Cracker Barrel Old Country Store from $55.00 to $50.00 and set a "hold" rating on the stock in a research note on Friday, March 7th. Truist Financial raised shares of Cracker Barrel Old Country Store from a "hold" rating to a "buy" rating and raised their target price for the company from $51.00 to $55.00 in a report on Monday, March 10th. Benchmark reiterated a "hold" rating on shares of Cracker Barrel Old Country Store in a report on Monday, March 10th. Finally, Wall Street Zen raised shares of Cracker Barrel Old Country Store from a "sell" rating to a "hold" rating in a research report on Sunday, March 2nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $52.43.

Insider Transactions at Cracker Barrel Old Country Store

In related news, major shareholder Gmt Capital Corp purchased 26,500 shares of Cracker Barrel Old Country Store stock in a transaction that occurred on Wednesday, April 16th. The stock was purchased at an average cost of $43.05 per share, with a total value of $1,140,825.00. Following the completion of the transaction, the insider now directly owns 2,542,300 shares in the company, valued at approximately $109,446,015. The trade was a 1.05% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders purchased 385,307 shares of company stock worth $15,679,910. 1.40% of the stock is currently owned by insiders.

Cracker Barrel Old Country Store Price Performance

CBRL stock opened at $55.93 on Friday. The business has a 50 day moving average price of $43.93 and a 200 day moving average price of $49.15. The company has a quick ratio of 0.24, a current ratio of 0.69 and a debt-to-equity ratio of 1.20. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 30.90, a PEG ratio of 8.36 and a beta of 1.36. Cracker Barrel Old Country Store, Inc. has a fifty-two week low of $33.86 and a fifty-two week high of $65.43.

Cracker Barrel Old Country Store Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 14th. Shareholders of record on Friday, April 11th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, April 11th. This represents a $1.00 dividend on an annualized basis and a yield of 1.79%. 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.

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