Mason Street Advisors LLC Has $1.81 Million Position in Cracker Barrel Old Country Store, Inc. (CBRL)

Mason Street Advisors LLC boosted its position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 1.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 11,358 shares of the restaurant operator’s stock after buying an additional 139 shares during the period. Mason Street Advisors LLC’s holdings in Cracker Barrel Old Country Store were worth $1,809,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CBRL. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Cracker Barrel Old Country Store by 0.5% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,559 shares of the restaurant operator’s stock worth $594,000 after buying an additional 18 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Cracker Barrel Old Country Store by 0.7% in the first quarter. Bank of Montreal Can now owns 3,526 shares of the restaurant operator’s stock worth $562,000 after buying an additional 23 shares during the last quarter. World Asset Management Inc raised its stake in shares of Cracker Barrel Old Country Store by 2.0% in the first quarter. World Asset Management Inc now owns 1,426 shares of the restaurant operator’s stock worth $227,000 after buying an additional 28 shares during the last quarter. Marietta Wealth Management LLC raised its stake in shares of Cracker Barrel Old Country Store by 0.7% in the first quarter. Marietta Wealth Management LLC now owns 5,658 shares of the restaurant operator’s stock worth $901,000 after buying an additional 37 shares during the last quarter. Finally, US Bancorp DE raised its stake in shares of Cracker Barrel Old Country Store by 2.0% in the first quarter. US Bancorp DE now owns 2,515 shares of the restaurant operator’s stock worth $400,000 after buying an additional 49 shares during the last quarter. 89.48% of the stock is currently owned by institutional investors.

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

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ CBRL) traded down 0.18% during midday trading on Friday, reaching $163.32. 336,570 shares of the company’s stock traded hands. Cracker Barrel Old Country Store, Inc. has a 52-week low of $130.15 and a 52-week high of $175.04. The firm has a market cap of $3.93 billion, a PE ratio of 19.80 and a beta of 0.51. The company has a 50 day moving average of $164.17 and a 200 day moving average of $162.41.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Tuesday, May 23rd. The restaurant operator reported $1.95 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.85 by $0.10. The company had revenue of $700.40 million during the quarter, compared to the consensus estimate of $713.06 million. Cracker Barrel Old Country Store had a net margin of 6.80% and a return on equity of 35.27%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.82 earnings per share. On average, equities analysts predict that Cracker Barrel Old Country Store, Inc. will post $8.33 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 4th. Stockholders of record on Friday, July 14th will be issued a $1.20 dividend. The ex-dividend date of this dividend is Wednesday, July 12th. This represents a $4.80 annualized dividend and a dividend yield of 2.94%. This is an increase from Cracker Barrel Old Country Store’s previous quarterly dividend of $1.15. Cracker Barrel Old Country Store’s dividend payout ratio is currently 55.62%.

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A number of equities research analysts recently commented on the stock. Wells Fargo & Company restated a “market perform” rating and set a $156.00 price objective (down from $157.50) on shares of Cracker Barrel Old Country Store in a report on Thursday, May 25th. Maxim Group restated a “hold” rating and set a $170.00 price objective on shares of Cracker Barrel Old Country Store in a report on Wednesday, May 17th. Zacks Investment Research upgraded shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research note on Tuesday, April 25th. Finally, Argus lowered shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Tuesday, March 21st. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. Cracker Barrel Old Country Store has an average 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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