Casey’s General Stores Inc. (NASDAQ:CASY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $132.05, but opened at $132.32. Casey’s General Stores shares last traded at $134.28, with a volume of 136,791 shares.

CASY has been the subject of a number of recent analyst reports. 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 for the company in a research note on Tuesday, May 10th. Jefferies Group initiated coverage on shares of Casey’s General Stores in a research note on Tuesday, May 17th. They set a “hold” rating for the company. Deutsche Bank AG reaffirmed a “buy” rating and set a $130.00 price target on shares of Casey’s General Stores in a research note on Friday, June 3rd. BMO Capital Markets reaffirmed a “hold” rating and set a $118.00 price target (up from $115.00) on shares of Casey’s General Stores in a research note on Wednesday, June 8th. Finally, Goldman Sachs Group Inc. raised shares of Casey’s General Stores from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $123.00 to $145.00 in a research note on Wednesday, June 29th. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $133.13.

The firm has a market capitalization of $5.26 billion and a price-to-earnings ratio of 23.45. The company’s 50 day moving average is $132.53 and its 200-day moving average is $118.28.

Casey’s General Stores (NASDAQ:CASY) last issued its earnings results on Monday, June 6th. The company reported $1.19 EPS for the quarter, missing the Zacks’ consensus estimate of $1.22 by $0.03. The firm had revenue of $1.58 billion for the quarter. Casey’s General Stores’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.05 earnings per share. Equities research analysts expect that Casey’s General Stores Inc. will post $5.90 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, August 15th. Stockholders of record on Monday, August 1st were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend was Thursday, July 28th. This is a positive change from Casey’s General Stores’s previous quarterly dividend of $0.22.

In other news, SVP Julia L. Jackowski sold 3,000 shares of the stock in a transaction dated Wednesday, June 29th. The shares were sold at an average price of $127.75, for a total value of $383,250.00. Following the completion of the sale, the senior vice president now directly owns 21,939 shares in the company, valued at $2,802,707.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey M. Lamberti sold 4,000 shares of the stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $119.12, for a total transaction of $476,480.00. Following the completion of the sale, the director now owns 32,875 shares of the company’s stock, valued at $3,916,070. The disclosure for this sale can be found here.

Other large investors have modified their holdings of the company. New York State Common Retirement Fund boosted its stake in shares of Casey’s General Stores by 3.6% in the fourth quarter. New York State Common Retirement Fund now owns 37,300 shares of the company’s stock worth $4,493,000 after buying an additional 1,300 shares during the period. Employees Retirement System of Texas boosted its stake in Casey’s General Stores by 5.6% in the fourth quarter. Employees Retirement System of Texas now owns 38,000 shares of the company’s stock valued at $4,577,000 after buying an additional 2,000 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Casey’s General Stores by 2.7% in the fourth quarter. Principal Financial Group Inc. now owns 124,387 shares of the company’s stock valued at $14,983,000 after buying an additional 3,283 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Casey’s General Stores by 4.8% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 191,453 shares of the company’s stock valued at $23,061,000 after buying an additional 8,708 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in Casey’s General Stores during the fourth quarter valued at about $1,301,000.

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.

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