Campbell & CO Investment Adviser LLC Acquires Shares of 16,497 Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Campbell & CO Investment Adviser LLC acquired a new stake in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRLFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,497 shares of the restaurant operator’s stock, valued at approximately $1,109,000. Campbell & CO Investment Adviser LLC owned 0.07% of Cracker Barrel Old Country Store as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. HighTower Advisors LLC grew its holdings in Cracker Barrel Old Country Store by 4.4% during the third quarter. HighTower Advisors LLC now owns 5,922 shares of the restaurant operator’s stock worth $394,000 after acquiring an additional 251 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Cracker Barrel Old Country Store by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 692,568 shares of the restaurant operator’s stock worth $46,541,000 after purchasing an additional 24,902 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in Cracker Barrel Old Country Store by 66.7% during the third quarter. Gamco Investors INC. ET AL now owns 10,000 shares of the restaurant operator’s stock worth $672,000 after purchasing an additional 4,000 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Cracker Barrel Old Country Store by 19.1% during the third quarter. Janney Montgomery Scott LLC now owns 17,664 shares of the restaurant operator’s stock worth $1,187,000 after purchasing an additional 2,828 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its position in Cracker Barrel Old Country Store by 78.6% during the third quarter. First Eagle Investment Management LLC now owns 107,176 shares of the restaurant operator’s stock worth $7,202,000 after purchasing an additional 47,167 shares in the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.

Cracker Barrel Old Country Store Stock Performance

Shares of Cracker Barrel Old Country Store stock opened at $78.81 on Friday. Cracker Barrel Old Country Store, Inc. has a one year low of $62.69 and a one year high of $121.17. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 7.27 and a beta of 1.49. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.17 and a current ratio of 0.62. The business’s 50 day moving average price is $76.65 and its 200 day moving average price is $75.75.

Cracker Barrel Old Country Store (NASDAQ:CBRLGet Free Report) last announced its quarterly earnings data on Thursday, November 30th. The restaurant operator reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.23). The company had revenue of $823.80 million for the quarter, compared to analysts’ expectations of $823.18 million. Cracker Barrel Old Country Store had a return on equity of 23.34% and a net margin of 2.55%. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.99 EPS. On average, research analysts predict that Cracker Barrel Old Country Store, Inc. will post 4.78 EPS for the current year.

Cracker Barrel Old Country Store Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 13th. Stockholders of record on Friday, January 19th will be paid a $1.30 dividend. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 6.60%. Cracker Barrel Old Country Store’s payout ratio is presently 132.32%.

Wall Street Analysts Forecast Growth

CBRL has been the topic of a number of recent analyst reports. Piper Sandler lowered their price target on Cracker Barrel Old Country Store from $96.00 to $75.00 and set a “neutral” rating on the stock in a research report on Monday, December 4th. UBS Group lowered their price target on Cracker Barrel Old Country Store from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Friday, December 1st. Finally, Truist Financial increased their price target on Cracker Barrel Old Country Store from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Friday, February 2nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $87.11.

Check Out Our Latest Stock Report on Cracker Barrel Old Country Store

About Cracker Barrel Old Country Store

(Free Report)

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

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