WINTON GROUP Ltd Acquires Shares of 4,313 Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

WINTON GROUP Ltd acquired a new stake in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,313 shares of the restaurant operator’s stock, valued at approximately $228,000.

Several other large investors have also made changes to their positions in CBRL. Cibc World Market Inc. acquired a new position in Cracker Barrel Old Country Store during the fourth quarter worth $11,711,000. Charles Schwab Investment Management Inc. increased its stake in shares of Cracker Barrel Old Country Store by 11.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,075,016 shares of the restaurant operator’s stock worth $48,752,000 after purchasing an additional 111,892 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Cracker Barrel Old Country Store in the 4th quarter valued at about $4,597,000. Verition Fund Management LLC boosted its holdings in Cracker Barrel Old Country Store by 96.0% in the 3rd quarter. Verition Fund Management LLC now owns 160,946 shares of the restaurant operator’s stock worth $7,299,000 after buying an additional 78,816 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new stake in Cracker Barrel Old Country Store during the 3rd quarter worth approximately $2,526,000. 96.01% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Bank of America lifted their price target on Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an “underperform” rating in a research note on Thursday, December 5th. 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 target price on shares of 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. Piper Sandler boosted their price target on shares of Cracker Barrel Old Country Store from $46.00 to $58.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Finally, UBS Group increased their price objective on shares of Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $57.13.

Cracker Barrel Old Country Store Stock Performance

Cracker Barrel Old Country Store stock opened at $40.02 on Monday. The firm has a 50 day simple moving average of $49.24 and a 200-day simple moving average of $49.42. The stock has a market cap of $890.97 million, a price-to-earnings ratio of 22.11, a price-to-earnings-growth ratio of 8.36 and a beta of 1.57. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.69 and a quick ratio of 0.24. Cracker Barrel Old Country Store, Inc. has a 1-year low of $34.88 and a 1-year high of $73.20.

Cracker Barrel Old Country Store Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.00 annualized dividend and a yield of 2.50%. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is 62.11%.

About Cracker Barrel Old Country Store

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.