16,959 Shares in Caseys General Stores, Inc. (CASY) Purchased by Stevens Capital Management LP

Stevens Capital Management LP purchased a new stake in shares of Caseys General Stores, Inc. (NASDAQ:CASY) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 16,959 shares of the company’s stock, valued at approximately $1,856,000.

Several other hedge funds have also made changes to their positions in CASY. Dimensional Fund Advisors LP lifted its stake in shares of Caseys General Stores by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 412,030 shares of the company’s stock valued at $46,248,000 after buying an additional 4,217 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of Caseys General Stores by 2.1% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 122,684 shares of the company’s stock valued at $13,772,000 after buying an additional 2,539 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Caseys General Stores by 15.3% during the 1st quarter. HighTower Advisors LLC now owns 2,665 shares of the company’s stock valued at $299,000 after buying an additional 353 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Caseys General Stores by 0.3% during the 2nd quarter. Bank of Montreal Can now owns 5,264 shares of the company’s stock valued at $564,000 after buying an additional 18 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in shares of Caseys General Stores by 6.3% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,562 shares of the company’s stock valued at $274,000 after buying an additional 151 shares in the last quarter. Institutional investors own 99.97% of the company’s stock.

Caseys General Stores, Inc. (CASY) opened at $115.44 on Friday. The company has a market cap of $4,374.83, a price-to-earnings ratio of 27.23, a PEG ratio of 2.47 and a beta of 0.45. Caseys General Stores, Inc. has a twelve month low of $99.76 and a twelve month high of $126.49. The company has a quick ratio of 0.48, a current ratio of 0.99 and a debt-to-equity ratio of 0.91.

Caseys General Stores (NASDAQ:CASY) last issued its quarterly earnings results on Tuesday, September 5th. The company reported $1.46 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.46. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.16 billion. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.70 EPS. equities research analysts expect that Caseys General Stores, Inc. will post 4.31 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Tuesday, October 31st. Caseys General Stores’s payout ratio is 24.53%.

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A number of analysts recently commented on the stock. BidaskClub upgraded shares of Caseys General Stores from a “sell” rating to a “hold” rating in a research note on Saturday, August 5th. Zacks Investment Research upgraded shares of Caseys General Stores from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Royal Bank Of Canada set a $118.00 target price on shares of Caseys General Stores and gave the stock a “hold” rating in a research note on Sunday, August 13th. Finally, Jefferies Group LLC set a $139.00 target price on shares of Caseys General Stores and gave the stock a “buy” rating in a research note on Friday, August 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Caseys General Stores presently has an average rating of “Hold” and a consensus price target of $115.29.

In other news, SVP Brian Joseph Johnson sold 1,000 shares of the stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $108.01, for a total value of $108,010.00. Following the transaction, the senior vice president now owns 8,229 shares of the company’s stock, valued at approximately $888,814.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is owned by corporate insiders.

Caseys General Stores Profile

Casey’s General Stores, Inc and its subsidiaries, operate convenience stores under the name Casey’s General Store in approximately 10 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates approximately two stores selling primarily tobacco products. The stores carry a range of food, including freshly prepared foods such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items.

Institutional Ownership by Quarter for Caseys General Stores (NASDAQ:CASY)

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