<div id="readability-page-1"><p>Biglari Capital CORP. lessened its stake in shares of  Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) by 55.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor  owned 896,775 shares of the restaurant operator's stock after selling 1,103,225 shares during the period. Cracker Barrel Old Country Store comprises approximately  6.3% of Biglari Capital CORP.'s investment portfolio, making the stock its 3rd largest holding. Biglari Capital CORP. owned 4.03% of Cracker Barrel Old Country Store worth $54,775,000 as of its most recent SEC filing.</p><ul><li>Cracker Barrel Is at the Bottom of the Barrel: Time to Buy? </li></ul><p>Other large investors have also recently bought and sold shares of the company. GMT Capital Corp acquired a new position in shares of  Cracker Barrel Old Country Store during the 1st quarter worth approximately $78,750,000.  Alliancebernstein L.P. grew its stake in shares of  Cracker Barrel Old Country Store by 1,068.2% in the second quarter. Alliancebernstein L.P. now owns 1,222,242 shares of the restaurant operator's stock valued at $74,655,000 after buying an additional 1,117,617 shares in the last quarter.  Balyasny Asset Management L.P. bought a new position in shares of  Cracker Barrel Old Country Store in the second quarter valued at $43,930,000.  Woodline Partners LP increased its holdings in  Cracker Barrel Old Country Store by 340.8% during the first quarter. Woodline Partners LP now owns 332,790 shares of the restaurant operator's stock worth $12,919,000 after buying an additional 257,301 shares during the last quarter.  Finally, Marshall Wace LLP raised its position in  Cracker Barrel Old Country Store by 375.1% during the second quarter. Marshall Wace LLP now owns 254,865 shares of the restaurant operator's stock worth $15,567,000 after acquiring an additional 201,217 shares in the last quarter. 96.01% of the stock is owned by institutional investors and hedge funds. </p><h2>Cracker Barrel Old Country Store Stock Down 3.2%</h2><p>Cracker Barrel Old Country Store stock opened at $27.33 on Friday. The company's 50-day moving average price is $32.62 and its two-hundred day moving average price is $48.92. The company has a quick ratio of 0.21, a current ratio of 0.51 and a debt-to-equity ratio of 0.93. The stock has a market cap of $610.28 million, a P/E ratio of 36.44 and a beta of 1.24. Cracker Barrel Old Country Store, Inc. has a twelve month low of $25.25 and a twelve month high of $71.93. </p><ul><li>Cracker Barrel Old Country Store Gets a New Look</li></ul><p>Cracker Barrel Old Country Store (NASDAQ:CBRL - Get Free Report) last issued its quarterly earnings data on Tuesday, December 9th. The restaurant operator reported ($0.74) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.78) by $0.04. Cracker Barrel Old Country Store had a return on equity of 9.74% and a net margin of 0.49%.The company had revenue of $797.19 million during the quarter, compared to analysts' expectations of $806.71 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The business's revenue was down 5.7% on a year-over-year basis.  As a group, analysts expect that  Cracker Barrel Old Country Store, Inc. will post 2.76 EPS for the current year. </p><h2>Cracker Barrel Old Country Store Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Friday, January 16th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, January 16th. Cracker Barrel Old Country Store's dividend payout ratio  is currently 133.33%. </p><h2>Insiders Place Their Bets</h2><ul><li>Can CAVA, Red Robin, and Cracker Barrel Match Chipotle's Q1 Win?</li></ul><p>In other Cracker Barrel Old Country Store news, major shareholder Gmt Capital Corp sold 84,700 shares of the stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $28.15, for a total transaction of $2,384,305.00. Following the transaction, the insider owned 2,749,000 shares in the company, valued at $77,384,350. This trade represents a 2.99% decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. In the last quarter, insiders sold 211,900 shares of company stock worth $5,844,993. 1.40% of the stock is owned by company insiders. </p><h2>Analyst Ratings Changes</h2><p>A number of research analysts have recently commented on CBRL shares. Argus decreased their price objective on shares of Cracker Barrel Old Country Store from $62.00 to $50.00 and set a &#34;buy&#34; rating for the company in a research report on Monday, September 29th. Benchmark  reiterated a &#34;hold&#34; rating on shares of Cracker Barrel Old Country Store in a research note on Thursday. Wells Fargo &amp; Company lowered their price target on Cracker Barrel Old Country Store from $42.00 to $30.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Wednesday. Weiss Ratings  restated a &#34;sell (d+)&#34; rating on shares of Cracker Barrel Old Country Store in a research note on Monday. Finally, Gordon Haskett upgraded Cracker Barrel Old Country Store to a &#34;strong sell&#34; rating in a research note on Wednesday. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned  a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of &#34;Reduce&#34; and an average target price of $36.88.</p><p><b>Get Our Latest Analysis on Cracker Barrel Old Country Store</b></p><h2>About Cracker Barrel Old Country Store</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Cracker Barrel Old Country Store</li><li>Options Trading - Understanding  Strike Price</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>What Are Growth Stocks and Investing in Them </li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Using the MarketBeat Dividend Yield Calculator</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0JSTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0JSTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Cracker Barrel Old Country Store Right Now?</h2><p>Before you consider Cracker Barrel Old Country Store, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cracker Barrel Old Country Store wasn't on the list.</p><p>While Cracker Barrel Old Country Store currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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CBRL

<p>Biglari Capital CORP. reduced its stake in Cracker Barrel Old Country Store, Inc. by 55.2% in Q2, now holding 896,775 shares worth $54.78 million. Cracker Barrel's stock is its 3rd largest holding. Other investors like GMT Capital Corp and Alliancebernstein L.P. also adjusted their positions. Cracker Barrel's stock is down 3.2%, with a market cap of $610.28 million. The company reported a quarterly EPS of ($0.74) and a revenue of $797.19 million. A $0.25 quarterly dividend will be paid on February 11th.</p>

Biglari Capital CORP. Has $54.78 Million Holdings in Cracker Barrel Old Country Store, Inc. $CBRL