Versor Investments LP Has $483,000 Holdings in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Versor Investments LP boosted its position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 26.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,266 shares of the restaurant operator’s stock after acquiring an additional 1,293 shares during the period. Versor Investments LP’s holdings in Cracker Barrel Old Country Store were worth $483,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CBRL. GAMMA Investing LLC bought a new stake in Cracker Barrel Old Country Store during the 4th quarter valued at approximately $32,000. Leavell Investment Management Inc. acquired a new stake in shares of Cracker Barrel Old Country Store in the fourth quarter worth $211,000. Howe & Rusling Inc. acquired a new position in Cracker Barrel Old Country Store during the 4th quarter valued at $221,000. Advisor Partners II LLC bought a new stake in Cracker Barrel Old Country Store in the 3rd quarter valued at $242,000. Finally, Stratos Wealth Advisors LLC increased its holdings in shares of Cracker Barrel Old Country Store by 7.9% during the 4th quarter. Stratos Wealth Advisors LLC now owns 3,466 shares of the restaurant operator’s stock worth $267,000 after purchasing an additional 253 shares during the period. 96.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CBRL shares. UBS Group lowered their price target on Cracker Barrel Old Country Store from $82.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 28th. Truist Financial reduced their price objective on shares of Cracker Barrel Old Country Store from $68.00 to $60.00 and set a “hold” rating on the stock in a research note on Monday. Citigroup lifted their price target on shares of Cracker Barrel Old Country Store from $60.00 to $61.00 and gave the stock a “sell” rating in a research report on Wednesday, February 28th. Finally, Piper Sandler dropped their price objective on Cracker Barrel Old Country Store from $75.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, March 4th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and an average target price of $75.43.

Cracker Barrel Old Country Store Stock Up 0.2 %

NASDAQ:CBRL opened at $56.40 on Monday. The company has a market cap of $1.25 billion, a PE ratio of 15.04, a PEG ratio of 3.99 and a beta of 1.48. The stock has a 50-day simple moving average of $63.47 and a 200 day simple moving average of $70.27. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.21 and a current ratio of 0.58. Cracker Barrel Old Country Store, Inc. has a 52-week low of $52.35 and a 52-week high of $116.05.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings data on Tuesday, February 27th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. Cracker Barrel Old Country Store had a net margin of 2.43% and a return on equity of 23.13%. The company had revenue of $935.40 million for the quarter, compared to the consensus estimate of $917.83 million. During the same period last year, the company earned $1.48 earnings per share. The firm’s revenue was up .2% compared to the same quarter last year. On average, sell-side analysts expect that Cracker Barrel Old Country Store, Inc. will post 4.61 EPS for the current fiscal year.

Cracker Barrel Old Country Store Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Friday, April 12th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 9.22%. The ex-dividend date was Thursday, April 11th. Cracker Barrel Old Country Store’s payout ratio is 138.67%.

About Cracker Barrel Old Country Store

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.