Casey’s General Stores Inc. (NASDAQ:CASY) shares saw an uptick in trading volume on Wednesday . 2,159,772 shares traded hands during mid-day trading, an increase of 143% from the previous session’s volume of 888,210 shares.The stock last traded at $133.01 and had previously closed at $131.17.

Several research firms recently issued reports on CASY. Goldman Sachs Group Inc. upgraded shares of Casey’s General Stores from a “neutral” rating to a “buy” rating and boosted their target price for the company from $123.00 to $145.00 in a research note on Wednesday, June 29th. Zacks Investment Research cut shares of Casey’s General Stores from a “buy” rating to a “hold” rating in a research note on Thursday, June 9th. BMO Capital Markets reiterated a “hold” rating and issued a $118.00 target price (up from $115.00) on shares of Casey’s General Stores in a research note on Wednesday, June 8th. Jefferies Group boosted their target price on shares of Casey’s General Stores to $113.00 in a research note on Wednesday, June 8th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $130.00 target price on shares of Casey’s General Stores in a research note on Friday, June 3rd. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Casey’s General Stores currently has a consensus rating of “Buy” and a consensus price target of $127.38.

The firm has a market capitalization of $5.21 billion and a price-to-earnings ratio of 23.21. The stock has a 50 day moving average price of $121.23 and a 200-day moving average price of $114.90.

Casey’s General Stores (NASDAQ:CASY) last announced its earnings results on Monday, June 6th. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by $0.03. During the same quarter last year, the firm earned $1.05 EPS. The firm had revenue of $1.58 billion for the quarter. The company’s revenue was down 4.3% on a year-over-year basis. On average, equities research analysts forecast that Casey’s General Stores Inc. will post $5.84 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 15th. Stockholders of record on Monday, August 1st will be given a dividend of $0.24 per share. This is an increase from Casey’s General Stores’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, July 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.72%.

In other news, SVP Cindi Webb Summers sold 1,163 shares of the firm’s stock in a transaction that occurred on Friday, June 17th. The shares were sold at an average price of $117.04, for a total transaction of $136,117.52. Following the transaction, the senior vice president now directly owns 1,771 shares in the company, valued at $207,277.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Terry W. Handley sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, June 13th. The stock was sold at an average price of $118.54, for a total transaction of $1,778,100.00. Following the transaction, the chief executive officer now owns 34,298 shares in the company, valued at $4,065,684.92. The disclosure for this sale can be found here.

A number of institutional investors have recently bought and sold shares of CASY. State Board of Administration of Florida Retirement System raised its position in Casey’s General Stores by 9.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 29,166 shares of the company’s stock worth $3,513,000 after buying an additional 2,619 shares during the period. Neuberger Berman Group LLC raised its position in Casey’s General Stores by 3.9% in the fourth quarter. Neuberger Berman Group LLC now owns 13,400 shares of the company’s stock worth $1,614,000 after buying an additional 501 shares during the period. Nationwide Fund Advisors raised its position in Casey’s General Stores by 0.3% in the fourth quarter. Nationwide Fund Advisors now owns 112,072 shares of the company’s stock worth $13,499,000 after buying an additional 380 shares during the period. Swiss National Bank raised its position in Casey’s General Stores by 2.6% in the fourth quarter. Swiss National Bank now owns 51,687 shares of the company’s stock worth $6,226,000 after buying an additional 1,287 shares during the period. Finally, Rhumbline Advisers raised its position in Casey’s General Stores by 2.4% in the fourth quarter. Rhumbline Advisers now owns 79,442 shares of the company’s stock worth $9,569,000 after buying an additional 1,889 shares during the period.

Casey’s General Stores, Inc and its wholly owned subsidiaries operate convenience stores under the name Casey’s General Store in 14 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food, including freshly prepared foods, such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items.

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