1 week Ago By ABMN Staff
Norges Bank acquired a new position in shares of Cracker Barrel Old Country Store, Inc. ( NASDAQ:CBRL – Free Report ) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 46,735 shares of the restaurant operator’s stock, valued at approximately $2,470,000.
Norges Bank owned approximately 0.21% of Cracker Barrel Old Country Store at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of the company.
Smartleaf Asset Management LLC raised its stake in shares of Cracker Barrel Old Country Store by 1,601.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 970 shares of the restaurant operator’s stock worth $52,000 after purchasing an additional 913 shares in the last quarter.
Lee Danner & Bass Inc. bought a new position in Cracker Barrel Old Country Store during the fourth quarter valued at approximately $56,000. Public Employees Retirement System of Ohio raised its position in Cracker Barrel Old Country Store by 22.
4% during the third quarter. Public Employees Retirement System of Ohio now owns 1,349 shares of the restaurant operator’s stock valued at $61,000 after acquiring an additional 247 shares in the last quarter. GAMMA Investing LLC lifted its stake in Cracker Barrel Old Country Store by 142.
8% in the fourth quarter. GAMMA Investing LLC now owns 2,370 shares of the restaurant operator’s stock valued at $125,000 after acquiring an additional 1,394 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in Cracker Barrel Old Country Store in the fourth quarter worth approximately $213,000.
Institutional investors and hedge funds own 96.01% of the company’s stock. Cracker Barrel Old Country Store Stock Performance CBRL opened at $40.
97 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.
69 and a debt-to-equity ratio of 1.20. The stock’s 50 day moving average price is $43.
63 and its two-hundred day moving average price is $49.07. The firm has a market capitalization of $912.
12 million, a P/E ratio of 22.64, a price-to-earnings-growth ratio of 8.36 and a beta of 1.
39. Cracker Barrel Old Country Store, Inc. has a 12-month low of $33.
86 and a 12-month high of $65.43. Cracker Barrel Old Country Store Dividend Announcement Insider Activity at Cracker Barrel Old Country Store In other news, major shareholder Gmt Capital Corp bought 31,800 shares of the firm’s stock in a transaction that occurred on Wednesday, April 9th.
The shares were acquired at an average cost of $37.31 per share, with a total value of $1,186,458.00.
Following the completion of the transaction, the insider now directly owns 2,484,000 shares in the company, valued at $92,678,040. This represents a 1.30 % increase in their ownership of the stock.
The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink . Corporate insiders own 1.40% of the company’s stock.
Analyst Upgrades and Downgrades Several research firms recently issued reports on CBRL. StockNews.com raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research note on Sunday, March 2nd.
Loop Capital reduced their price target on Cracker Barrel Old Country Store from $55.00 to $50.00 and set a “hold” rating for the company in a research report on Friday, March 7th.
Benchmark reissued a “hold” rating on shares of Cracker Barrel Old Country Store in a report on Monday, March 10th. Citigroup boosted their target price on Cracker Barrel Old Country Store from $38.00 to $39.
00 and gave the stock a “sell” rating in a report on Friday, March 7th. Finally, Truist Financial raised Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and upped their target price for the stock from $51.00 to $55.
00 in a research report on Monday, March 10th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $57.
13. Read Our Latest Research 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. See Also Receive News & Ratings for Cracker Barrel Old Country Store Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cracker Barrel Old Country Store and related companies with MarketBeat.com's FREE daily email newsletter .
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