4,031 Shares in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Purchased by Empowered Funds LLC

Empowered Funds LLC purchased a new stake in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,031 shares of the restaurant operator’s stock, valued at approximately $213,000.

A number of other large investors have also recently modified their holdings of CBRL. Public Employees Retirement System of Ohio boosted its position in shares of Cracker Barrel Old Country Store by 22.4% during the 3rd 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 during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter valued at about $79,000. GAMMA Investing LLC boosted its position in shares of Cracker Barrel Old Country Store by 142.8% during the 4th 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. US Bancorp DE boosted its position in shares of Cracker Barrel Old Country Store by 365.0% during the 3rd quarter. US Bancorp DE now owns 3,246 shares of the restaurant operator’s stock valued at $147,000 after acquiring an additional 2,548 shares during the last quarter. Finally, Versor Investments LP bought a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter valued at about $209,000. Institutional investors own 96.01% of the company’s stock.

Cracker Barrel Old Country Store Price Performance

Shares of Cracker Barrel Old Country Store stock opened at $47.00 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.69 and a quick ratio of 0.24. The business’s 50 day simple moving average is $55.77 and its two-hundred day simple moving average is $48.80. The stock has a market capitalization of $1.05 billion, a P/E ratio of 25.97, a price-to-earnings-growth ratio of 8.36 and a beta of 1.48. Cracker Barrel Old Country Store, Inc. has a one year low of $34.88 and a one year high of $74.21.

Wall Street Analyst Weigh In

CBRL has been the subject of a number of research analyst reports. UBS Group lifted their price target on Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Argus upgraded Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Monday, November 18th. Truist Financial boosted their target price on Cracker Barrel Old Country Store from $48.00 to $51.00 and gave the stock a “hold” rating in a research report on Thursday, January 16th. Loop Capital boosted their target price on Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Finally, Bank of America boosted their target price on Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an “underperform” rating in a research report on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $57.63.

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.