New York State Teachers Retirement System Has $1.61 Million Stock Holdings in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

New York State Teachers Retirement System trimmed its holdings in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 5.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 30,480 shares of the restaurant operator’s stock after selling 1,700 shares during the period. New York State Teachers Retirement System’s holdings in Cracker Barrel Old Country Store were worth $1,611,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Public Employees Retirement System of Ohio lifted its position in Cracker Barrel Old Country Store by 22.4% during the third quarter. Public Employees Retirement System of Ohio now owns 1,349 shares of the restaurant operator’s stock worth $61,000 after acquiring an additional 247 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cracker Barrel Old Country Store during the third quarter worth approximately $79,000. GAMMA Investing LLC lifted its position in Cracker Barrel Old Country Store by 142.8% during the fourth quarter. GAMMA Investing LLC now owns 2,370 shares of the restaurant operator’s stock worth $125,000 after acquiring an additional 1,394 shares during the last quarter. US Bancorp DE lifted its position in Cracker Barrel Old Country Store by 365.0% during the third quarter. US Bancorp DE now owns 3,246 shares of the restaurant operator’s stock worth $147,000 after acquiring an additional 2,548 shares during the last quarter. Finally, Versor Investments LP acquired a new stake in Cracker Barrel Old Country Store during the third quarter worth approximately $209,000. 96.01% of the stock is currently owned by institutional investors and hedge funds.

Cracker Barrel Old Country Store Trading Down 2.7 %

NASDAQ CBRL opened at $47.00 on Friday. The company’s 50-day simple moving average is $55.77 and its two-hundred day simple moving average is $48.86. Cracker Barrel Old Country Store, Inc. has a one year low of $34.88 and a one year high of $74.21. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 25.97, a price-to-earnings-growth ratio of 8.36 and a beta of 1.48. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.24 and a current ratio of 0.69.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. UBS Group raised their target price on shares of Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Argus raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Monday, November 18th. Bank of America lifted their price objective on shares of Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the company an “underperform” rating in a research note on Thursday, December 5th. Loop Capital lifted their price objective on shares of Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Finally, StockNews.com cut shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research note on Saturday. Three analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Cracker Barrel Old Country Store has an average rating of “Hold” and a consensus price target of $57.63.

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.