Casey’s General Stores Inc. (NASDAQ:CASY) fell 1.1% during trading on Tuesday . The stock traded as low as $133.26 and last traded at $133.30, with a volume of 132,314 shares changing hands. The stock had previously closed at $134.77.

Several research firms have commented on CASY. 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 report on Wednesday, June 8th. Jefferies Group reaffirmed a “hold” rating and issued a $113.00 price target (up from $102.00) on shares of Casey’s General Stores in a report on Tuesday, June 7th. Bank of America Corp. began coverage on shares of Casey’s General Stores in a report on Monday, July 25th. They issued a “buy” rating and a $150.00 price target on the stock. 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 report on Tuesday, May 10th. Finally, Goldman Sachs Group Inc. raised shares of Casey’s General Stores from a “neutral” rating to a “buy” rating and upped their price target for the company from $123.00 to $145.00 in a report on Wednesday, June 29th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Casey’s General Stores has an average rating of “Buy” and a consensus target price of $136.13.

The firm has a 50-day moving average of $132.66 and a 200-day moving average of $118.49. The company has a market capitalization of $5.20 billion and a PE ratio of 23.19.

Casey’s General Stores (NASDAQ:CASY) last announced its quarterly earnings results on Monday, June 6th. The company reported $1.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.22 by $0.03. During the same quarter last year, the company posted $1.05 EPS. The company 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. Analysts forecast that Casey’s General Stores Inc. will post $5.94 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, August 15th. Investors of record on Monday, August 1st were paid a dividend of $0.24 per share. This is a positive change from Casey’s General Stores’s previous quarterly dividend of $0.22. The ex-dividend date was Thursday, July 28th. This represents a $0.96 annualized dividend and a yield of 0.72%.

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 transaction of $136,117.52. Following the sale, the senior vice president now directly owns 1,771 shares in the company, valued at approximately $207,277.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey M. Lamberti sold 8,400 shares of Casey’s General Stores stock in a transaction on Wednesday, June 22nd. The stock was sold at an average price of $118.21, for a total transaction of $992,964.00. Following the sale, the director now 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 recently made changes to their positions in the company. Morgan Stanley increased its position in shares of Casey’s General Stores by 209.4% in the fourth quarter. Morgan Stanley now owns 197,491 shares of the company’s stock valued at $23,788,000 after buying an additional 133,666 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of 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. Trexquant Investment LP acquired a new position in shares of Casey’s General Stores during the fourth quarter valued at about $1,301,000. Employees Retirement System of Texas increased its position in shares of 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. Finally, Airain ltd acquired a new position in shares of Casey’s General Stores during the fourth quarter valued at about $3,282,000.

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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