Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Shares Bought by Quest Partners LLC

Quest Partners LLC grew its position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 14,675.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,364 shares of the restaurant operator’s stock after purchasing an additional 2,348 shares during the period. Quest Partners LLC’s holdings in Cracker Barrel Old Country Store were worth $100,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CBRL. Larson Financial Group LLC purchased a new position in Cracker Barrel Old Country Store in the second quarter valued at about $88,000. Rhumbline Advisers boosted its stake in shares of Cracker Barrel Old Country Store by 2.5% during the 2nd quarter. Rhumbline Advisers now owns 76,452 shares of the restaurant operator’s stock valued at $3,223,000 after buying an additional 1,854 shares during the last quarter. Natixis Advisors LLC grew its holdings in Cracker Barrel Old Country Store by 8.8% during the 2nd quarter. Natixis Advisors LLC now owns 48,308 shares of the restaurant operator’s stock worth $2,037,000 after acquiring an additional 3,904 shares in the last quarter. nVerses Capital LLC grew its stake in Cracker Barrel Old Country Store by 375.0% in the second quarter. nVerses Capital LLC now owns 1,900 shares of the restaurant operator’s stock worth $80,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Cracker Barrel Old Country Store by 56.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,240 shares of the restaurant operator’s stock valued at $221,000 after acquiring an additional 1,886 shares during the last quarter. Hedge funds and other institutional investors own 96.01% of the company’s stock.

Cracker Barrel Old Country Store Stock Up 3.1 %

CBRL stock opened at $40.45 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.63 and a debt-to-equity ratio of 1.11. Cracker Barrel Old Country Store, Inc. has a 12-month low of $34.88 and a 12-month high of $83.51. The company has a 50 day moving average of $40.84 and a two-hundred day moving average of $50.76. The company has a market cap of $897.99 million, a price-to-earnings ratio of 14.93, a PEG ratio of 0.94 and a beta of 1.42.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Citigroup lowered their price objective on shares of Cracker Barrel Old Country Store from $48.00 to $42.00 and set a “sell” rating for the company in a research report on Friday, May 31st. Argus downgraded shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Bank of America cut their price objective on Cracker Barrel Old Country Store from $48.00 to $46.00 and set an “underperform” rating for the company in a report on Wednesday, July 17th. Loop Capital reduced their target price on shares of Cracker Barrel Old Country Store from $72.00 to $50.00 and set a “hold” rating for the company in a report on Monday, May 20th. Finally, Benchmark raised Cracker Barrel Old Country Store to a “hold” rating in a research note on Monday, June 3rd. Three analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $59.29.

Cracker Barrel Old Country Store Company Profile

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.