Casey’s General Stores Inc. (NASDAQ:CASY)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $135.29 and last traded at $133.97, with a volume of 228,447 shares changing hands. The stock had previously closed at $133.51.

A number of equities analysts recently issued reports on the stock. Bank of America Corp. assumed coverage on shares of Casey’s General Stores in a research report on Monday. They issued a “buy” rating and a $150.00 target price for the company. Jefferies Group upped their price target on shares of Casey’s General Stores to $113.00 in a report on Wednesday, June 8th. BMO Capital Markets reissued a “hold” rating and issued a $118.00 price target (up from $115.00) on shares of Casey’s General Stores in a report on Wednesday, June 8th. Zacks Investment Research downgraded shares of Casey’s General Stores from a “buy” rating to a “hold” rating in a report on Thursday, June 9th. Finally, Deutsche Bank AG raised shares of Casey’s General Stores from a “hold” rating to a “buy” rating and upped their price target for the company from $120.00 to $130.00 in a report on Wednesday, March 30th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Casey’s General Stores has an average rating of “Buy” and an average target price of $129.89.

The stock has a market capitalization of $5.25 billion and a P/E ratio of 23.43. The company’s 50 day moving average price is $125.77 and its 200-day moving average price is $116.02.

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

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 15th. Investors of record on Monday, August 1st will be given a $0.24 dividend. This is a boost from Casey’s General Stores’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, July 28th. This represents a $0.96 dividend on an annualized basis and a yield of 0.71%.

In related news, SVP Cindi Webb Summers sold 1,163 shares of Casey’s General Stores stock in a transaction dated Friday, June 17th. The stock was 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 directly owns 1,771 shares in the company, valued at $207,277.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Julia L. Jackowski sold 3,000 shares of the business’s stock in a transaction dated Wednesday, June 29th. The stock was sold at an average price of $127.75, for a total value of $383,250.00. Following the transaction, the senior vice president now owns 21,939 shares of the company’s stock, valued at $2,802,707.25. The disclosure for this sale can be found here.

Other institutional investors recently bought and sold shares of the company. 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 valued at $1,614,000 after buying an additional 501 shares during the last quarter. 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 valued at $6,226,000 after buying an additional 1,287 shares during the last quarter. TD Asset Management Inc. bought a new position in Casey’s General Stores during the fourth quarter valued at about $2,481,000. California Public Employees Retirement System raised its position in Casey’s General Stores by 6.4% in the fourth quarter. California Public Employees Retirement System now owns 110,040 shares of the company’s stock valued at $13,254,000 after buying an additional 6,600 shares during the last quarter. Finally, 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 valued at $1,349,000 after buying an additional 2,384 shares during 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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