Simmons Bank Has $239,000 Stake in Cracker Barrel Old Country Store, Inc. (CBRL)

Simmons Bank held its stake in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,500 shares of the restaurant operator’s stock at the end of the first quarter. Simmons Bank’s holdings in Cracker Barrel Old Country Store were worth $239,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Neuburgh Advisers LLC boosted its stake in shares of Cracker Barrel Old Country Store by 14.0% in the first quarter. Neuburgh Advisers LLC now owns 784 shares of the restaurant operator’s stock valued at $125,000 after buying an additional 96 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Cracker Barrel Old Country Store during the first quarter valued at approximately $127,000. Glen Harbor Capital Management LLC boosted its stake in shares of Cracker Barrel Old Country Store by 14.0% in the first quarter. Glen Harbor Capital Management LLC now owns 1,078 shares of the restaurant operator’s stock valued at $172,000 after buying an additional 132 shares during the period. Pacad Investment Ltd. boosted its stake in shares of Cracker Barrel Old Country Store by 16.2% in the fourth quarter. Pacad Investment Ltd. now owns 1,162 shares of the restaurant operator’s stock valued at $194,000 after buying an additional 162 shares during the period. Finally, Elkfork Partners LLC acquired a new stake in shares of Cracker Barrel Old Country Store during the fourth quarter valued at approximately $201,000. Institutional investors and hedge funds own 85.69% of the company’s stock.

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

Shares of Cracker Barrel Old Country Store, Inc. (CBRL) traded down 0.40% during midday trading on Monday, reaching $168.03. 205,808 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $162.25 and its 200 day moving average price is $161.87. The firm has a market capitalization of $4.04 billion, a P/E ratio of 20.37 and a beta of 0.40. Cracker Barrel Old Country Store, Inc. has a 52-week low of $130.15 and a 52-week high of $175.04.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings results on Tuesday, May 23rd. The restaurant operator reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.10. The business had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $713.06 million. Cracker Barrel Old Country Store had a return on equity of 34.26% and a net margin of 6.74%. The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business earned $1.82 earnings per share. On average, equities research analysts anticipate that Cracker Barrel Old Country Store, Inc. will post $8.33 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, August 4th. Investors of record on Friday, July 14th will be issued a $1.20 dividend. This is a boost from Cracker Barrel Old Country Store’s previous quarterly dividend of $1.15. The ex-dividend date of this dividend is Wednesday, July 12th. This represents a $4.80 annualized dividend and a yield of 2.86%. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is currently 56.23%.

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CBRL has been the topic of several research reports. Argus cut shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research report on Tuesday, March 21st. Zacks Investment Research cut shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research report on Thursday, February 23rd. Buckingham Research set a $161.00 price target on shares of Cracker Barrel Old Country Store and gave the stock a “hold” rating in a research report on Tuesday, February 14th. Maxim Group reiterated a “hold” rating and issued a $170.00 price target on shares of Cracker Barrel Old Country Store in a research report on Wednesday, May 17th. Finally, Wells Fargo & Co reiterated a “market perform” rating and issued a $156.00 price target (down from $157.50) on shares of Cracker Barrel Old Country Store in a research report on Thursday, May 25th. One research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $167.86.

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company’s segments include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods.

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