1,280 Shares in Casey’s General Stores, Inc. $CASY Bought by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new position in shares of Casey’s General Stores, Inc. (NASDAQ:CASYFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,280 shares of the company’s stock, valued at approximately $707,000.

Several other institutional investors have also bought and sold shares of CASY. NewEdge Advisors LLC grew its holdings in Casey’s General Stores by 6.4% during the first quarter. NewEdge Advisors LLC now owns 1,871 shares of the company’s stock worth $812,000 after buying an additional 113 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Casey’s General Stores by 129.6% during the first quarter. Geneos Wealth Management Inc. now owns 186 shares of the company’s stock worth $81,000 after buying an additional 105 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Casey’s General Stores by 431.7% during the second quarter. EverSource Wealth Advisors LLC now owns 218 shares of the company’s stock worth $111,000 after buying an additional 177 shares in the last quarter. Amundi bought a new stake in Casey’s General Stores during the second quarter worth $338,000. Finally, Jump Financial LLC grew its holdings in Casey’s General Stores by 42.6% during the second quarter. Jump Financial LLC now owns 968 shares of the company’s stock worth $494,000 after buying an additional 289 shares in the last quarter. Institutional investors own 85.63% of the company’s stock.

Insider Activity at Casey’s General Stores

In other news, Director Mike Spanos purchased 300 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were purchased at an average price of $665.43 per share, with a total value of $199,629.00. Following the transaction, the director directly owned 4,499 shares of the company’s stock, valued at approximately $2,993,769.57. This represents a 7.14% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is owned by corporate insiders.

Casey’s General Stores Stock Up 20.3%

Shares of NASDAQ:CASY opened at $915.60 on Thursday. The company has a market capitalization of $33.84 billion, a PE ratio of 47.79, a price-to-earnings-growth ratio of 2.11 and a beta of 0.61. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.04 and a quick ratio of 0.64. The business has a fifty day moving average price of $794.30 and a two-hundred day moving average price of $681.81. Casey’s General Stores, Inc. has a 1 year low of $488.91 and a 1 year high of $917.47.

Casey’s General Stores (NASDAQ:CASYGet Free Report) last announced its quarterly earnings data on Tuesday, June 9th. The company reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $1.06. The firm had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.33 billion. Casey’s General Stores had a return on equity of 18.96% and a net margin of 4.07%.The business’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.63 EPS. Analysts forecast that Casey’s General Stores, Inc. will post 20.37 earnings per share for the current year.

Casey’s General Stores Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Saturday, August 1st will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from Casey’s General Stores’s previous quarterly dividend of $0.57. Casey’s General Stores’s payout ratio is currently 13.09%.

Key Headlines Impacting Casey’s General Stores

Here are the key news stories impacting Casey’s General Stores this week:

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CASY shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $695.00 price target on shares of Casey’s General Stores in a report on Wednesday. Jefferies Financial Group upped their price objective on Casey’s General Stores from $700.00 to $780.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Royal Bank Of Canada upped their price objective on Casey’s General Stores from $792.00 to $794.00 and gave the company a “sector perform” rating in a research note on Wednesday. BMO Capital Markets restated a “market perform” rating on shares of Casey’s General Stores in a research note on Thursday. Finally, Stephens restated an “overweight” rating and issued a $900.00 price objective on shares of Casey’s General Stores in a research note on Wednesday. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Casey’s General Stores presently has an average rating of “Moderate Buy” and an average target price of $796.91.

Get Our Latest Stock Report on Casey’s General Stores

About Casey’s General Stores

(Free Report)

Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.

The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.

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Institutional Ownership by Quarter for Casey's General Stores (NASDAQ:CASY)

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