QS Investors LLC held its position in shares of Caseys General Stores, Inc. (NASDAQ:CASY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,697 shares of the company’s stock at the close of the second quarter. QS Investors LLC’s holdings in Caseys General Stores were worth $396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in shares of Caseys General Stores by 8.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 446,334 shares of the company’s stock worth $47,805,000 after acquiring an additional 34,304 shares in the last quarter. Virtu KCG Holdings LLC raised its position in shares of Caseys General Stores by 266.7% in the 2nd quarter. Virtu KCG Holdings LLC now owns 25,434 shares of the company’s stock worth $2,724,000 after acquiring an additional 18,498 shares in the last quarter. Parametric Portfolio Associates LLC raised its position in shares of Caseys General Stores by 13.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 71,620 shares of the company’s stock worth $7,671,000 after acquiring an additional 8,586 shares in the last quarter. Advisor Group Inc. raised its position in shares of Caseys General Stores by 7.1% in the 2nd quarter. Advisor Group Inc. now owns 5,569 shares of the company’s stock worth $573,000 after acquiring an additional 370 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in shares of Caseys General Stores by 39.3% in the 2nd quarter. Nordea Investment Management AB now owns 16,913 shares of the company’s stock worth $1,812,000 after acquiring an additional 4,769 shares in the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on the company. Zacks Investment Research raised Caseys General Stores from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th. Jefferies Group LLC reissued a “buy” rating and issued a $134.00 price objective (down from $139.00) on shares of Caseys General Stores in a research report on Thursday, August 31st. Royal Bank Of Canada set a $116.00 price objective on Caseys General Stores and gave the stock a “hold” rating in a research report on Monday, August 28th. BidaskClub lowered Caseys General Stores from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Finally, William Blair assumed coverage on Caseys General Stores in a research report on Wednesday, July 12th. They issued an “outperform” rating for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Caseys General Stores currently has a consensus rating of “Hold” and a consensus price target of $115.29.

Shares of Caseys General Stores, Inc. (NASDAQ:CASY) opened at 113.40 on Wednesday. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 26.80 and a beta of 0.51. The company has a 50-day moving average price of $108.31 and a 200-day moving average price of $109.14. Caseys General Stores, Inc. has a 12 month low of $99.76 and a 12 month high of $126.49.

Caseys General Stores (NASDAQ:CASY) last released its quarterly earnings results on Tuesday, September 5th. The company reported $1.46 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.46. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the prior year, the firm earned $1.70 earnings per share. Caseys General Stores’s revenue was up 6.3% on a year-over-year basis. On average, equities analysts anticipate that Caseys General Stores, Inc. will post $4.40 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Tuesday, October 31st. Caseys General Stores’s payout ratio is currently 24.53%.

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In related news, SVP Brian Joseph Johnson sold 1,000 shares of the stock in a transaction dated Friday, September 22nd. The shares were sold at an average price of $108.01, for a total value of $108,010.00. Following the completion of the transaction, the senior vice president now directly owns 8,229 shares of the company’s stock, valued at $888,814.29. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.30% of the stock is owned by corporate insiders.

About Caseys General Stores

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.

Institutional Ownership by Quarter for Caseys General Stores (NASDAQ:CASY)

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