Todays Report: Today, 2,000 Shares of Stock are sold by Cracker Barrel Old Country Store Inc. (CBRL) Director Andrea Weiss

Today, 2,000 Shares of Stock are sold by Cracker Barrel Old Country Store Inc. (CBRL) Director Andrea Weiss

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) Director Andrea Weiss sold 2,000 shares of the business’s stock in a transaction dated Friday, November 25th. The shares were sold at an average price of $164.50, for a total value of $329,000.00. Following the sale, the director now owns 11,758 shares of the company’s stock, valued at $1,934,191. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) opened at 161.58 on Tuesday. The stock has a market capitalization of $3.88 billion, a PE ratio of 20.56 and a beta of 0.31. The company has a 50-day moving average price of $141.77 and a 200-day moving average price of $151.78. Cracker Barrel Old Country Store Inc. has a 12-month low of $118.01 and a 12-month high of $172.89.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its quarterly earnings results on Tuesday, November 22nd. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.84 by $0.17. Cracker Barrel Old Country Store had a return on equity of 34.26% and a net margin of 6.74%. The company earned $710 million during the quarter, compared to analysts’ expectations of $713.73 million. During the same period last year, the business posted $1.70 earnings per share. The firm’s revenue was up 1.1% compared to the same quarter last year. Analysts expect that Cracker Barrel Old Country Store Inc. will post $8.23 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 6th. Stockholders of record on Friday, January 13th will be issued a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Wednesday, January 11th. Cracker Barrel Old Country Store’s dividend payout ratio is presently 56.23%.

A number of research analysts have recently weighed in on the company. Maxim Group cut Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating and lifted their price objective for the company from $118.02 to $170.00 in a research report on Monday. Zacks Investment Research cut Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research report on Thursday, September 15th. Wells Fargo & Co. reaffirmed a “market perform” rating and set a $132.50 price objective (down from $164.00) on shares of Cracker Barrel Old Country Store in a research report on Friday, September 16th. Telsey Advisory Group lowered their price objective on Cracker Barrel Old Country Store from $172.00 to $160.00 and set a “market perform” rating on the stock in a research report on Tuesday, August 30th. Finally, Bank of America Corp. reaffirmed a “sell” rating and set a $140.00 price objective on shares of Cracker Barrel Old Country Store in a research report on Thursday, September 15th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $162.50.

Several hedge funds and other institutional investors have recently made changes to their positions in CBRL. Bellwether Investment Group LLC purchased a new position in shares of Cracker Barrel Old Country Store during the second quarter worth $107,000. Synovus Financial Corp raised its position in shares of Cracker Barrel Old Country Store by 0.7% in the third quarter. Synovus Financial Corp now owns 902 shares of the company’s stock worth $120,000 after buying an additional 6 shares in the last quarter. Americafirst Capital Management LLC purchased a new position in shares of Cracker Barrel Old Country Store during the second quarter worth $128,000. Public Employees Retirement System of Ohio raised its position in shares of Cracker Barrel Old Country Store by 6.1% in the second quarter. Public Employees Retirement System of Ohio now owns 956 shares of the company’s stock worth $164,000 after buying an additional 55 shares in the last quarter. Finally, Seven Eight Capital LLC raised its position in shares of Cracker Barrel Old Country Store by 2,052.2% in the second quarter. Seven Eight Capital LLC now owns 990 shares of the company’s stock worth $170,000 after buying an additional 944 shares in the last quarter. 81.95% of the stock is currently owned by institutional investors and hedge funds.

About Cracker Barrel Old Country Store

Related posts

Leave a Comment