Versor Investments LP Acquires 10,800 Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Versor Investments LP boosted its holdings in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 234.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,400 shares of the restaurant operator’s stock after buying an additional 10,800 shares during the quarter. Versor Investments LP’s holdings in Cracker Barrel Old Country Store were worth $814,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Good Life Advisors LLC bought a new stake in Cracker Barrel Old Country Store during the fourth quarter valued at approximately $404,000. Principal Financial Group Inc. grew its position in Cracker Barrel Old Country Store by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 107,820 shares of the restaurant operator’s stock valued at $5,699,000 after buying an additional 2,988 shares during the period. Empowered Funds LLC bought a new stake in Cracker Barrel Old Country Store during the fourth quarter valued at approximately $213,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Cracker Barrel Old Country Store by 18.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,069 shares of the restaurant operator’s stock worth $906,000 after purchasing an additional 2,531 shares during the period. Finally, Total Clarity Wealth Management Inc. bought a new position in shares of Cracker Barrel Old Country Store in the fourth quarter worth approximately $256,000. 96.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CBRL has been the subject of a number of recent analyst reports. Loop Capital upped their price target on shares of Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Truist Financial upped their price target on shares of Cracker Barrel Old Country Store from $48.00 to $51.00 and gave the stock a “hold” rating in a research report on Thursday, January 16th. Bank of America upped their price target on shares of Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an “underperform” rating in a research report on Thursday, December 5th. StockNews.com lowered shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. Finally, Argus upgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a research report on Monday, November 18th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $57.63.

Cracker Barrel Old Country Store Price Performance

CBRL stock opened at $45.29 on Friday. Cracker Barrel Old Country Store, Inc. has a one year low of $34.88 and a one year high of $74.21. The company’s fifty day moving average price is $55.21 and its 200-day moving average price is $48.98. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.24 and a current ratio of 0.69. The company has a market capitalization of $1.01 billion, a PE ratio of 25.02, a price-to-earnings-growth ratio of 8.36 and a beta of 1.48.

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.