Shares of Casey’s General Stores Inc. (NASDAQ:CASY) traded down 1.6% on Tuesday . The stock traded as low as $131.44 and last traded at $132.01, with a volume of 173,427 shares changing hands. The stock had previously closed at $134.19.

Several analysts have recently weighed in on the company. Deutsche Bank AG restated a “buy” rating and set a $130.00 target price on shares of Casey’s General Stores in a research note on Friday, June 3rd. Goldman Sachs Group Inc. upgraded Casey’s General Stores from a “neutral” rating to a “buy” rating and raised their target price for the company from $123.00 to $145.00 in a research note on Wednesday, June 29th. Jefferies Group restated a “hold” rating and set a $113.00 target price (up from $102.00) on shares of Casey’s General Stores in a research note on Tuesday, June 7th. BMO Capital Markets restated a “hold” rating and set a $118.00 target price (up from $115.00) on shares of Casey’s General Stores in a research note on Wednesday, June 8th. Finally, Zacks Investment Research downgraded Casey’s General Stores from a “buy” rating to a “hold” rating in a research note on Thursday, June 9th. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $127.38.

The firm has a market cap of $5.15 billion and a PE ratio of 22.97. The stock has a 50-day moving average price of $122.94 and a 200 day moving average price of $115.17.

Casey’s General Stores (NASDAQ:CASY) last released its quarterly earnings data on Monday, June 6th. The company reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by $0.03. The company had revenue of $1.58 billion for the quarter. During the same period last year, the firm posted $1.05 earnings per share. The business’s revenue for the quarter was down 4.3% compared to the same quarter last year. Equities analysts expect that Casey’s General Stores Inc. will post $5.84 EPS for the current fiscal year.

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

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

A number of hedge funds and institutional investors have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. raised its position in Casey’s General Stores by 1.0% in the fourth quarter. Ameritas Investment Partners Inc. now owns 8,885 shares of the company’s stock worth $1,070,000 after buying an additional 87 shares in the last quarter. Burney Co. raised its position in Casey’s General Stores by 7.2% in the fourth quarter. Burney Co. now owns 10,310 shares of the company’s stock worth $1,252,000 after buying an additional 695 shares in the last quarter. Trexquant Investment LP purchased a new position in Casey’s General Stores during the fourth quarter worth $1,301,000. ProShare Advisors LLC raised its position in Casey’s General Stores by 27.1% in the fourth quarter. ProShare Advisors LLC now owns 11,197 shares of the company’s stock worth $1,349,000 after buying an additional 2,384 shares in the last quarter. Finally, 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 in the last quarter.

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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