Cracker Barrel Old Country Store, Inc. Has Another Very Negative Options Trading Session

 Cracker Barrel Old Country Store, Inc. Has Another Very Negative Options Trading Session

In today’s session Cracker Barrel Old Country Store, Inc. (CBRL) recorded an unusually high (396) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious CBRL decrease. With 396 contracts traded and 564 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: CBRL161216P00150000 closed last at: $3.8 or 7.3% down. About 183,434 shares traded hands. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) has risen 10.94% since April 21, 2016 and is uptrending. It has outperformed by 5.61% the S&P500.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Ratings Coverage

Out of 7 analysts covering Cracker Barrel (NASDAQ:CBRL), 2 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 29% are positive. Cracker Barrel has been the topic of 20 analyst reports since September 29, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by SunTrust on Tuesday, January 26. The stock of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) has “Market Perform” rating given on Tuesday, August 30 by Telsey Advisory Group. The stock of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) earned “Market Perform” rating by Telsey Advisory Group on Friday, October 23. The firm has “Buy” rating by Longbow given on Thursday, April 7. The firm earned “Neutral” rating on Thursday, October 8 by Suntrust Robinson. SunTrust initiated the stock with “Neutral” rating in Thursday, October 8 report. The firm has “Buy” rating given on Monday, February 22 by Maxim Group. The rating was maintained by Telsey Advisory Group on Thursday, September 15 with “Market Perform”. The firm earned “Neutral” rating on Thursday, June 2 by SunTrust. The stock of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) earned “Market Perform” rating by Telsey Advisory Group on Tuesday, September 29.

According to Zacks Investment Research, “Cracker Barrel Old Country Store, Inc., formerly CBRL Group, Inc., is principally engaged in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept. The format of Cracker Barrel stores consists of a rustic, old country-store design with a separate retail area offering a variety of decorative and functional items featuring rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods, including various old fashioned candies and jellies.”

Insitutional Activity: The institutional sentiment decreased to 0.96 in 2016 Q2. Its down 0.21, from 1.17 in 2016Q1. The ratio is negative, as 27 funds sold all Cracker Barrel Old Country Store, Inc. shares owned while 98 reduced positions. 47 funds bought stakes while 99 increased positions. They now own 20.00 million shares or 0.19% less from 20.03 million shares in 2016Q1.
National Bank & Trust Of Montreal Can owns 2,912 shares or 0% of their US portfolio. Teachers Retirement Of The State Of Kentucky holds 7,700 shares or 0.02% of its portfolio. Brown Brothers Harriman & owns 25 shares or 0% of their US portfolio. Hodges Capital Mgmt last reported 1.92% of its portfolio in the stock. City accumulated 500 shares or 0.04% of the stock. Lazard Asset Mngmt Ltd Company reported 202 shares or 0% of all its holdings. Cornerstone Cap Mngmt Liability Corporation last reported 3,068 shares in the company. Invesco, a Georgia-based fund reported 254,159 shares. Blackrock Institutional Trust Communication Na accumulated 651,434 shares or 0.02% of the stock. Mutual Of America Cap Limited Liability Co last reported 18,057 shares in the company. First Manhattan Com reported 2,000 shares or 0% of all its holdings. Ftb Advsrs has invested 0.02% of its portfolio in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). Blackrock Fund Advsr has 1.11 million shares for 0.04% of their US portfolio. Moreover, Voloridge Inv Mgmt Ltd Com has 0.12% invested in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) for 23,668 shares. Calvert Investment Mgmt Incorporated accumulated 0.01% or 1,476 shares.

Cracker Barrel Old Country Store, Inc. is engaged in the operation and development of the Cracker Barrel Old Country Store concept . The company has a market cap of $4.29 billion. The Company’s divisions include Restaurant and Retail. It has a 21.45 P/E ratio. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states.

CBRL Company Profile

Cracker Barrel Old Country Store, Inc., incorporated on October 16, 1969, is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company’s divisions include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods. The Company’s restaurants offer home-style country cooking featuring of its own recipes. The Company’s restaurants serve breakfast, lunch and dinner. The Company’s breakfast items include juices, eggs, pancakes, fruit and yogurt parfaits, pork and turkey bacon, country ham, sausage, grits, and a range of biscuit specialties, such as gravy and biscuits and country ham and biscuits. The Company’s Lunch and dinner items include country ham, chicken and dumplings, chicken fried chicken, meatloaf, country fried steak, pork chops, fish, steak, roast beef, vegetable plates, a range of salads, sandwiches, soups, fresh side items and specialty items, such as pinto beans and turnip greens.

More notable recent Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) news were published by: Nasdaq.com which released: “Cracker Barrel Old Country Store Reaches Analyst Target Price” on November 23, 2016, also Reuters.com with their article: “BRIEF-Cracker Barrel Old Country Store Inc reports Q1 EPS of $2.01” published on November 22, 2016, Prnewswire.com published: “Cracker Barrel Old Country Store® Introduces New Heat n’ Serve Holiday Family …” on November 10, 2016. More interesting news about Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) were released by: Forbes.com and their article: “Ex-Dividend Reminder: Cracker Barrel Old Country Store, Foot Locker and Yum …” published on July 11, 2016 as well as Prnewswire.com‘s news article titled: “Reba McEntire and Cracker Barrel Old Country Store® Partner to Release …” with publication date: July 19, 2016.

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