Trust Co. of Virginia VA Has $335,000 Holdings in Cracker Barrel Old Country Store, Inc. (CBRL)

Trust Co. of Virginia VA maintained its stake in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,000 shares of the restaurant operator’s stock at the end of the second quarter. Trust Co. of Virginia VA’s holdings in Cracker Barrel Old Country Store were worth $335,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. raised its holdings in Cracker Barrel Old Country Store by 0.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 2,001 shares of the restaurant operator’s stock valued at $335,000 after acquiring an additional 18 shares in the last quarter. Bank of Montreal Can raised its holdings in Cracker Barrel Old Country Store by 0.7% in the 1st quarter. Bank of Montreal Can now owns 3,526 shares of the restaurant operator’s stock valued at $562,000 after acquiring an additional 23 shares in the last quarter. World Asset Management Inc raised its holdings in Cracker Barrel Old Country Store by 2.0% in the 1st quarter. World Asset Management Inc now owns 1,426 shares of the restaurant operator’s stock valued at $227,000 after acquiring an additional 28 shares in the last quarter. Capstone Asset Management Co. raised its holdings in Cracker Barrel Old Country Store by 1.2% in the 2nd quarter. Capstone Asset Management Co. now owns 2,511 shares of the restaurant operator’s stock valued at $420,000 after acquiring an additional 30 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its holdings in Cracker Barrel Old Country Store by 2.0% in the 2nd quarter. Teacher Retirement System of Texas now owns 1,543 shares of the restaurant operator’s stock valued at $258,000 after acquiring an additional 30 shares in the last quarter. 85.94% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have weighed in on CBRL. BidaskClub raised Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating in a report on Friday, June 30th. Instinet began coverage on Cracker Barrel Old Country Store in a report on Wednesday, July 12th. They issued a “neutral” rating and a $162.00 price objective for the company. Nomura started coverage on Cracker Barrel Old Country Store in a report on Wednesday, July 12th. They issued a “neutral” rating and a $162.00 price objective for the company. Zacks Investment Research upgraded Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $181.00 price target on the stock in a research note on Wednesday, July 12th. Finally, Wells Fargo & Company reiterated a “market perform” rating and issued a $156.00 price target (down previously from $157.50) on shares of Cracker Barrel Old Country Store in a research note on Thursday, May 25th. Three research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and a consensus target price of $164.11.

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Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) traded up 1.17% during trading on Monday, hitting $146.42. The stock had a trading volume of 95,627 shares. The company has a market cap of $3.52 billion, a PE ratio of 17.75 and a beta of 0.52. The firm’s 50 day moving average is $151.28 and its 200 day moving average is $159.26. Cracker Barrel Old Country Store, Inc. has a 1-year low of $130.15 and a 1-year high of $175.04.

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

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