Natixis Advisors LLC Boosts Stock Position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Natixis Advisors LLC boosted its position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 8.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,308 shares of the restaurant operator’s stock after acquiring an additional 3,904 shares during the quarter. Natixis Advisors LLC owned 0.22% of Cracker Barrel Old Country Store worth $2,037,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. nVerses Capital LLC boosted its stake in shares of Cracker Barrel Old Country Store by 375.0% in the second quarter. nVerses Capital LLC now owns 1,900 shares of the restaurant operator’s stock valued at $80,000 after purchasing an additional 1,500 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Cracker Barrel Old Country Store by 56.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,240 shares of the restaurant operator’s stock worth $221,000 after buying an additional 1,886 shares in the last quarter. Blue Trust Inc. boosted its position in Cracker Barrel Old Country Store by 23.4% in the 2nd quarter. Blue Trust Inc. now owns 2,759 shares of the restaurant operator’s stock valued at $116,000 after buying an additional 524 shares during the period. Wedge Capital Management L L P NC boosted its position in Cracker Barrel Old Country Store by 26.4% in the 2nd quarter. Wedge Capital Management L L P NC now owns 27,169 shares of the restaurant operator’s stock valued at $1,145,000 after buying an additional 5,674 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of Cracker Barrel Old Country Store in the second quarter worth $187,000. 96.01% of the stock is owned by institutional investors and hedge funds.

Cracker Barrel Old Country Store Stock Down 3.4 %

Cracker Barrel Old Country Store stock opened at $36.06 on Tuesday. The company has a market capitalization of $800.53 million, a P/E ratio of 13.31, a PEG ratio of 0.96 and a beta of 1.42. 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, Inc. has a fifty-two week low of $35.78 and a fifty-two week high of $83.51. The stock has a 50-day simple moving average of $41.05 and a 200-day simple moving average of $51.67.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CBRL shares. Argus lowered Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Loop Capital decreased their price objective on shares of Cracker Barrel Old Country Store from $72.00 to $50.00 and set a “hold” rating for the company in a research report on Monday, May 20th. Benchmark raised Cracker Barrel Old Country Store to a “hold” rating in a report on Monday, June 3rd. CL King downgraded Cracker Barrel Old Country Store from a “buy” rating to a “neutral” rating and set a $90.00 price target for the company. in a report on Friday, May 17th. Finally, Bank of America dropped their price objective on Cracker Barrel Old Country Store from $48.00 to $46.00 and set an “underperform” rating on the stock in a report on Wednesday, July 17th. Three equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $59.29.

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.