Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) was upgraded by investment analysts at Longbow Research from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday, The Fly reports.
Other hedge funds and institutional investors recently modified their holdings of the company. Benjamin F. Edwards & Company bought a new stake in Cracker Barrel Old Country Store during the fourth quarter worth about $0. First Midwest Bank Trust Division increased its position in shares of Cracker Barrel Old Country Store by 8.1% in the fourth quarter. First Midwest Bank Trust Division now owns 7,037 shares of the company’s stock worth $893,000 after buying an additional 529 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Cracker Barrel Old Country Store by 32.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,046 shares of the company’s stock worth $1,021,000 after buying an additional 1,988 shares during the period. J. W. Burns & Company raised its position in Cracker Barrel Old Country Store by 20.1% in the fourth quarter. J. W. Burns & Company now owns 8,462 shares of the company’s stock worth $1,073,000 after buying an additional 1,416 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in Cracker Barrel Old Country Store by 0.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,050 shares of the company’s stock worth $1,148,000 after buying an additional 50 shares during the period.
Source: The Vista Voice