Caseys General Stores, Inc. (NASDAQ:CASY) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its stake in shares of Caseys General Stores, Inc. (NASDAQ:CASY) by 1.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 412,030 shares of the company’s stock after buying an additional 4,217 shares during the period. Dimensional Fund Advisors LP owned approximately 1.05% of Caseys General Stores worth $46,248,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. State Treasurer State of Michigan increased its stake in shares of Caseys General Stores by 0.6% in the first quarter. State Treasurer State of Michigan now owns 15,900 shares of the company’s stock valued at $1,785,000 after buying an additional 100 shares during the period. State of Alaska Department of Revenue increased its stake in shares of Caseys General Stores by 5.1% in the first quarter. State of Alaska Department of Revenue now owns 2,411 shares of the company’s stock valued at $270,000 after buying an additional 117 shares during the period. Allegis Investment Advisors LLC increased its stake in shares of Caseys General Stores by 1.5% in the first quarter. Allegis Investment Advisors LLC now owns 8,931 shares of the company’s stock valued at $1,003,000 after buying an additional 134 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Caseys General Stores by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 5,450 shares of the company’s stock valued at $612,000 after buying an additional 139 shares during the period. Finally, Advantus Capital Management Inc increased its stake in shares of Caseys General Stores by 3.9% in the first quarter. Advantus Capital Management Inc now owns 5,016 shares of the company’s stock valued at $563,000 after buying an additional 187 shares during the period. Institutional investors and hedge funds own 96.76% of the company’s stock.

Caseys General Stores, Inc. (NASDAQ CASY) opened at 104.16 on Wednesday. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 23.25 and a beta of 0.49. Caseys General Stores, Inc. has a 52 week low of $101.89 and a 52 week high of $136.22. The stock’s 50 day moving average is $107.76 and its 200 day moving average is $112.39.

Caseys General Stores (NASDAQ:CASY) last announced its quarterly earnings data on Monday, June 5th. The company reported $0.76 EPS for the quarter, missing the Zacks’ consensus estimate of $0.85 by $0.09. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.88 billion. Caseys General Stores had a return on equity of 14.93% and a net margin of 2.36%. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.19 EPS. Equities research analysts expect that Caseys General Stores, Inc. will post $4.54 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Friday, July 28th. This is a positive change from Caseys General Stores’s previous quarterly dividend of $0.24. Caseys General Stores’s payout ratio is currently 21.43%.

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Several brokerages recently commented on CASY. BMO Capital Markets set a $110.00 price target on shares of Caseys General Stores and gave the company a “market perform” rating in a research report on Wednesday, June 7th. Barclays PLC reduced their price target on shares of Caseys General Stores from $116.00 to $100.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 7th. Royal Bank Of Canada restated a “sector perform” rating and issued a $121.00 price target (down previously from $123.00) on shares of Caseys General Stores in a research report on Monday, May 29th. Jefferies Group LLC set a $139.00 price target on shares of Caseys General Stores and gave the company a “buy” rating in a research report on Thursday, May 18th. Finally, William Blair began coverage on shares of Caseys General Stores in a research report on Wednesday, July 12th. They issued an “outperform” rating for the company. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Caseys General Stores presently has a consensus rating of “Hold” and a consensus target price of $120.50.

In other news, SVP John C. Soupene sold 1,000 shares of the business’s stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of $106.52, for a total value of $106,520.00. Following the sale, the senior vice president now owns 1,253 shares of the company’s stock, valued at $133,469.56. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.

Caseys General Stores Company Profile

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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