Dean Capital Investments Management LLC Invests $304,000 in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Dean Capital Investments Management LLC purchased a new position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,912 shares of the restaurant operator’s stock, valued at approximately $304,000.

Other institutional investors have also bought and sold shares of the company. Teachers Advisors LLC increased its position in shares of Cracker Barrel Old Country Store by 3.4% during the 2nd quarter. Teachers Advisors LLC now owns 34,375 shares of the restaurant operator’s stock valued at $5,749,000 after purchasing an additional 1,128 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Cracker Barrel Old Country Store by 13.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,186 shares of the restaurant operator’s stock worth $700,000 after acquiring an additional 507 shares during the period. Thrivent Financial For Lutherans grew its stake in shares of Cracker Barrel Old Country Store by 7.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 4,860 shares of the restaurant operator’s stock worth $813,000 after acquiring an additional 320 shares during the period. New York State Common Retirement Fund grew its stake in shares of Cracker Barrel Old Country Store by 1.9% during the 2nd quarter. New York State Common Retirement Fund now owns 21,000 shares of the restaurant operator’s stock worth $3,512,000 after acquiring an additional 399 shares during the period. Finally, UBS Asset Management Americas Inc. grew its stake in shares of Cracker Barrel Old Country Store by 5.4% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 12,390 shares of the restaurant operator’s stock worth $2,072,000 after acquiring an additional 636 shares during the period. Hedge funds and other institutional investors own 89.39% of the company’s stock.

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) traded down $0.38 during mid-day trading on Friday, hitting $165.03. The stock had a trading volume of 413,046 shares, compared to its average volume of 311,210. The company has a market cap of $3,959.90, a price-to-earnings ratio of 19.91, a P/E/G ratio of 1.94 and a beta of 0.56. Cracker Barrel Old Country Store, Inc. has a 12-month low of $141.75 and a 12-month high of $179.12. The company has a current ratio of 0.93, a quick ratio of 0.42 and a debt-to-equity ratio of 0.73.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last issued its quarterly earnings data on Tuesday, November 21st. The restaurant operator reported $1.92 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.86 by $0.06. Cracker Barrel Old Country Store had a return on equity of 35.14% and a net margin of 6.83%. The firm had revenue of $710.40 million for the quarter, compared to analyst estimates of $718.85 million. During the same period last year, the company earned $2.01 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. research analysts forecast that Cracker Barrel Old Country Store, Inc. will post 9.55 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, February 5th. Investors of record on Friday, January 12th were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, January 11th. This represents a $4.80 annualized dividend and a dividend yield of 2.91%. Cracker Barrel Old Country Store’s dividend payout ratio is presently 57.90%.

CBRL has been the subject of several analyst reports. BidaskClub downgraded Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research note on Friday, January 19th. SunTrust Banks set a $165.00 price target on Cracker Barrel Old Country Store and gave the company a “hold” rating in a report on Tuesday, February 6th. Zacks Investment Research cut Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a report on Friday, November 17th. Maxim Group reissued a “hold” rating and set a $160.00 price objective on shares of Cracker Barrel Old Country Store in a report on Wednesday, November 22nd. Finally, Longbow Research cut Cracker Barrel Old Country Store from a “buy” rating to a “neutral” rating in a report on Wednesday, November 22nd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. Cracker Barrel Old Country Store presently has a consensus rating of “Hold” and an average price target of $161.63.

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About Cracker Barrel Old Country Store

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.

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

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