Syntal Capital Partners LLC Grows Position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Syntal Capital Partners LLC lifted its holdings in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 109.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,907 shares of the restaurant operator’s stock after purchasing an additional 3,091 shares during the quarter. Syntal Capital Partners LLC’s holdings in Cracker Barrel Old Country Store were worth $908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CBRL. State Street Corp boosted its holdings in Cracker Barrel Old Country Store by 7.1% during the 4th quarter. State Street Corp now owns 765,536 shares of the restaurant operator’s stock valued at $117,694,000 after acquiring an additional 51,081 shares during the period. Bessemer Group Inc. boosted its holdings in Cracker Barrel Old Country Store by 0.6% during the 4th quarter. Bessemer Group Inc. now owns 433,418 shares of the restaurant operator’s stock valued at $66,634,000 after acquiring an additional 2,685 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Cracker Barrel Old Country Store by 5.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 355,645 shares of the restaurant operator’s stock valued at $54,677,000 after acquiring an additional 18,872 shares during the period. First Trust Advisors LP boosted its holdings in Cracker Barrel Old Country Store by 26.5% during the 4th quarter. First Trust Advisors LP now owns 317,372 shares of the restaurant operator’s stock valued at $48,793,000 after acquiring an additional 66,528 shares during the period. Finally, Willis Investment Counsel boosted its holdings in Cracker Barrel Old Country Store by 22.5% during the 3rd quarter. Willis Investment Counsel now owns 139,300 shares of the restaurant operator’s stock valued at $22,657,000 after acquiring an additional 25,600 shares during the period. Institutional investors and hedge funds own 84.96% of the company’s stock.

CBRL stock traded down $2.96 during mid-day trading on Wednesday, reaching $156.97. The company had a trading volume of 35,455 shares, compared to its average volume of 268,817. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.24 and a current ratio of 0.66. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 16.00 and a beta of 0.52. The firm has a fifty day simple moving average of $159.66 and a 200 day simple moving average of $159.92. Cracker Barrel Old Country Store, Inc. has a fifty-two week low of $149.50 and a fifty-two week high of $180.93.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings results on Tuesday, February 25th. The restaurant operator reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.58 by $0.12. The company had revenue of $846.10 million for the quarter, compared to analyst estimates of $838.63 million. Cracker Barrel Old Country Store had a return on equity of 36.68% and a net margin of 7.11%. Cracker Barrel Old Country Store’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.52 EPS. As a group, analysts predict that Cracker Barrel Old Country Store, Inc. will post 9.11 earnings per share for the current year.

CBRL has been the subject of a number of research analyst reports. Wells Fargo & Co raised their target price on Cracker Barrel Old Country Store from $154.00 to $159.00 and gave the company an “equal weight” rating in a report on Thursday, January 23rd. CL King initiated coverage on Cracker Barrel Old Country Store in a report on Monday, December 23rd. They set a “neutral” rating for the company. BidaskClub upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, Argus cut Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a report on Tuesday, December 3rd. Nine equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and a consensus price target of $169.80.

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 a restaurant with a gift shop. The company's restaurants serve breakfast, lunch, and dinner. Its gift shops offer various decorative and functional items, such as rocking chairs, holiday and seasonal gifts, toys, apparel, music CDs, cookware, and various other gift items, as well as pies, cornbread mixes, coffee, syrups, pancake mixes, candies, preserves, and other food items.

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

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