Shares of Casey’s General Stores Inc. (NASDAQ:CASY) were down 1.6% during mid-day trading on Tuesday . The company 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.

A number of equities analysts have recently weighed in on the stock. Jefferies Group assumed coverage on shares of Casey’s General Stores in a research note on Tuesday, May 17th. They issued a “hold” rating on the stock. Deutsche Bank AG reaffirmed a “buy” rating and issued a $130.00 price target on shares of Casey’s General Stores in a research note on Friday, June 3rd. Zacks Investment Research raised shares of Casey’s General Stores from a “hold” rating to a “buy” rating and set a $132.00 price target on the stock in a research note on Tuesday, May 10th. Goldman Sachs Group Inc. upped their price target on shares of Casey’s General Stores from $112.00 to $115.00 in a research note on Wednesday, March 16th. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $118.00 price target (up from $115.00) on shares of Casey’s General Stores in a research note on Wednesday, June 8th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Casey’s General Stores currently has an average rating of “Buy” and a consensus price target of $127.38.

The firm has a market cap of $5.12 billion and a P/E ratio of 22.84. The stock’s 50 day moving average is $123.73 and its 200 day moving average is $115.40.

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

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, July 28th. This is an increase from Casey’s General Stores’s previous quarterly dividend of $0.22. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.73%.

In related news, CEO Terry W. Handley sold 15,000 shares of the business’s stock in a transaction on Monday, June 13th. The shares were sold at an average price of $118.54, for a total value of $1,778,100.00. Following 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeffrey M. Lamberti sold 8,400 shares of the business’s stock in a transaction on Wednesday, June 22nd. The shares were sold at an average price of $118.21, for a total transaction of $992,964.00. Following the completion of the sale, the director now directly owns 32,875 shares in the company, valued at $3,886,153.75. The disclosure for this sale can be found here.

Other large investors have modified their holdings of the company. Wells Fargo & Company MN boosted its stake in shares of Casey’s General Stores by 11.6% in the fourth quarter. Wells Fargo & Company MN now owns 211,828 shares of the company’s stock valued at $25,515,000 after buying an additional 22,054 shares during the period. Comerica Bank boosted its stake in shares of Casey’s General Stores by 1.0% in the fourth quarter. Comerica Bank now owns 21,042 shares of the company’s stock valued at $2,445,000 after buying an additional 204 shares during the period. Century Capital Management LLC boosted its stake in shares of Casey’s General Stores by 57.1% in the fourth quarter. Century Capital Management LLC now owns 221,017 shares of the company’s stock valued at $26,621,000 after buying an additional 80,308 shares during the period. State Board of Administration of Florida Retirement System boosted its stake in shares of 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 valued at $3,513,000 after buying an additional 2,619 shares during the period. Finally, Burney Co. boosted its stake in shares of Casey’s General Stores by 7.2% in the fourth quarter. Burney Co. now owns 10,310 shares of the company’s stock valued at $1,252,000 after buying an additional 695 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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