Nomura Holdings Inc. Has $4.38 Million Stock Holdings in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Nomura Holdings Inc. raised its position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRLFree Report) by 23.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,783 shares of the restaurant operator’s stock after buying an additional 10,618 shares during the quarter. Nomura Holdings Inc. owned 0.26% of Cracker Barrel Old Country Store worth $4,377,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Fidelis Capital Partners LLC boosted its position in Cracker Barrel Old Country Store by 0.9% during the 4th quarter. Fidelis Capital Partners LLC now owns 15,522 shares of the restaurant operator’s stock worth $1,196,000 after acquiring an additional 134 shares during the period. HighTower Advisors LLC increased its position in Cracker Barrel Old Country Store by 4.4% during the third quarter. HighTower Advisors LLC now owns 5,922 shares of the restaurant operator’s stock worth $394,000 after buying an additional 251 shares during the last quarter. Stratos Wealth Advisors LLC lifted its position in shares of Cracker Barrel Old Country Store by 7.9% in the fourth quarter. Stratos Wealth Advisors LLC now owns 3,466 shares of the restaurant operator’s stock worth $267,000 after buying an additional 253 shares during the last quarter. Synovus Financial Corp increased its holdings in shares of Cracker Barrel Old Country Store by 3.7% during the 3rd quarter. Synovus Financial Corp now owns 8,334 shares of the restaurant operator’s stock valued at $560,000 after acquiring an additional 300 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in Cracker Barrel Old Country Store by 0.9% in the 3rd quarter. Swiss National Bank now owns 43,850 shares of the restaurant operator’s stock worth $2,947,000 after purchasing an additional 400 shares during the last quarter. 96.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on CBRL shares. Truist Financial decreased their price objective on shares of Cracker Barrel Old Country Store from $51.00 to $46.00 and set a “hold” rating for the company in a report on Friday, May 31st. UBS Group lowered their price target on Cracker Barrel Old Country Store from $82.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 28th. Piper Sandler cut their price objective on Cracker Barrel Old Country Store from $75.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, March 4th. Loop Capital reduced their price target 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 report on Monday, June 3rd. Three investment analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from MarketBeat, Cracker Barrel Old Country Store presently has an average rating of “Hold” and an average target price of $62.14.

Get Our Latest Stock Analysis on Cracker Barrel Old Country Store

Cracker Barrel Old Country Store Trading Down 1.6 %

CBRL traded down $0.70 during mid-day trading on Tuesday, reaching $44.26. The stock had a trading volume of 25,392 shares, compared to its average volume of 758,956. The firm’s fifty day simple moving average is $53.47 and its two-hundred day simple moving average is $66.34. The stock has a market capitalization of $982.57 million, a P/E ratio of 16.59, a P/E/G ratio of 0.94 and a beta of 1.46. Cracker Barrel Old Country Store, Inc. has a 52 week low of $42.88 and a 52 week high of $98.60. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.23 and a current ratio of 0.63.

Cracker Barrel Old Country Store (NASDAQ:CBRLGet Free Report) last issued its quarterly earnings results on Thursday, May 30th. The restaurant operator reported $0.88 EPS for the quarter, topping the consensus estimate of $0.56 by $0.32. Cracker Barrel Old Country Store had a net margin of 1.77% and a return on equity of 22.11%. The company had revenue of $817.14 million during the quarter, compared to analysts’ expectations of $820.61 million. During the same quarter in the previous year, the company earned $1.21 EPS. Cracker Barrel Old Country Store’s revenue was down 1.9% on a year-over-year basis. On average, equities analysts predict that Cracker Barrel Old Country Store, Inc. will post 3.88 EPS for the current year.

Cracker Barrel Old Country Store Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 6th. Investors of record on Friday, July 19th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, July 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.26%. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is presently 191.88%.

Cracker Barrel Old Country Store Company Profile

(Free Report)

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.

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

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