Trade Report: Today: Cracker Barrel Old Country Store, Inc. (CBRL) Director Andrea Weiss Sold 2,000 Shares

Today: Cracker Barrel Old Country Store, Inc. (CBRL) Director Andrea Weiss Sold 2,000 Shares

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

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) traded down 1.67% during midday trading on Monday, hitting $161.58. The stock had a trading volume of 332,127 shares. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 20.56 and a beta of 0.31. Cracker Barrel Old Country Store, Inc. has a 12 month low of $118.01 and a 12 month high of $172.89. The stock’s 50 day moving average price is $140.97 and its 200 day moving average price is $151.66.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its quarterly earnings data on Tuesday, November 22nd. The company reported $2.01 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $713.73 million. During the same period last year, the company earned $1.70 EPS. Cracker Barrel Old Country Store’s revenue for the quarter was up 1.1% on a year-over-year basis. On average, equities analysts forecast that Cracker Barrel Old Country Store, Inc. will post $8.23 EPS for the current fiscal year.

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

A number of large investors have recently added to or reduced their stakes in CBRL. Metropolitan Life Insurance Co. NY increased its stake in Cracker Barrel Old Country Store by 1.7% in the first quarter. Metropolitan Life Insurance Co. NY now owns 34,509 shares of the company’s stock valued at $5,268,000 after buying an additional 564 shares during the last quarter. LPL Financial LLC increased its stake in Cracker Barrel Old Country Store by 29.6% in the first quarter. LPL Financial LLC now owns 11,754 shares of the company’s stock valued at $1,764,000 after buying an additional 2,683 shares during the last quarter. Arizona State Retirement System increased its stake in Cracker Barrel Old Country Store by 2.5% in the first quarter. Arizona State Retirement System now owns 12,151 shares of the company’s stock valued at $1,855,000 after buying an additional 300 shares during the last quarter. Squarepoint Ops LLC increased its stake in Cracker Barrel Old Country Store by 16.4% in the first quarter. Squarepoint Ops LLC now owns 11,188 shares of the company’s stock valued at $1,709,000 after buying an additional 1,574 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Cracker Barrel Old Country Store by 442.2% in the second quarter. BNP Paribas Arbitrage SA now owns 11,962 shares of the company’s stock valued at $2,051,000 after buying an additional 9,756 shares during the last quarter. Institutional investors own 81.95% of the company’s stock.

Several equities research analysts have commented on CBRL shares. Zacks Investment Research downgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a report on Thursday, September 22nd. Maxim Group upped their price objective on shares of Cracker Barrel Old Country Store from $165.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, November 15th. Telsey Advisory Group upped their price objective on shares of Cracker Barrel Old Country Store from $150.00 to $170.00 and gave the company a “market perform” rating in a report on Wednesday, November 23rd. 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 report on Thursday, September 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Cracker Barrel Old Country Store presently has a consensus rating of “Hold” and a consensus price target of $162.50.

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