Casey’s General Stores, Inc. (CASY) Holdings Boosted by SPF Beheer BV

SPF Beheer BV boosted its position in Casey’s General Stores, Inc. (NASDAQ:CASY) by 6.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,861 shares of the company’s stock after buying an additional 17,985 shares during the quarter. SPF Beheer BV owned 0.79% of Casey’s General Stores worth $32,820,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Bank of Montreal Can grew its position in Casey’s General Stores by 0.3% in the 2nd quarter. Bank of Montreal Can now owns 5,264 shares of the company’s stock worth $564,000 after purchasing an additional 18 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in shares of Casey’s General Stores by 6.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 2,562 shares of the company’s stock worth $274,000 after acquiring an additional 151 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in shares of Casey’s General Stores by 4.2% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 14,277 shares of the company’s stock worth $1,529,000 after acquiring an additional 573 shares during the period. LS Investment Advisors LLC lifted its stake in shares of Casey’s General Stores by 15.2% in the 2nd quarter. LS Investment Advisors LLC now owns 3,076 shares of the company’s stock worth $329,000 after acquiring an additional 407 shares during the period. Finally, Louisiana State Employees Retirement System lifted its stake in shares of Casey’s General Stores by 3.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 10,200 shares of the company’s stock worth $1,093,000 after acquiring an additional 300 shares during the period. Hedge funds and other institutional investors own 98.96% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of US & international copyright laws. The correct version of this piece can be read at https://sportsperspectives.com/2017/11/21/caseys-general-stores-inc-casy-holdings-boosted-by-spf-beheer-bv.html.

A number of analysts have recently weighed in on the stock. Royal Bank Of Canada set a $118.00 price target on shares of Casey’s General Stores and gave the stock a “hold” rating in a research note on Sunday, August 13th. Zacks Investment Research upgraded shares of Casey’s General Stores from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. BidaskClub downgraded shares of Casey’s General Stores from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Finally, Jefferies Group LLC set a $139.00 price objective on shares of Casey’s General Stores and gave the company a “buy” rating in a research note on Friday, August 25th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $115.29.

Shares of Casey’s General Stores, Inc. (NASDAQ CASY) traded up $1.20 during trading hours on Tuesday, hitting $119.24. 285,200 shares of the stock traded hands, compared to its average volume of 490,488. Casey’s General Stores, Inc. has a 12 month low of $99.76 and a 12 month high of $126.49. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.48 and a current ratio of 0.99. The firm has a market cap of $4,520.00, a PE ratio of 27.84, a price-to-earnings-growth ratio of 2.53 and a beta of 0.45.

Casey’s General Stores (NASDAQ:CASY) last released its quarterly earnings data on Tuesday, September 5th. The company reported $1.46 earnings per share for the quarter, hitting the consensus estimate of $1.46. Casey’s General Stores had a net margin of 2.71% and a return on equity of 19.32%. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter last year, the firm earned $1.70 EPS. Casey’s General Stores’s quarterly revenue was up 6.3% compared to the same quarter last year. sell-side analysts anticipate that Casey’s General Stores, Inc. will post 4.31 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were issued a $0.26 dividend. The ex-dividend date was Tuesday, October 31st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.87%. Casey’s General Stores’s dividend payout ratio (DPR) is presently 24.53%.

In other news, SVP Brian Joseph Johnson sold 1,000 shares of Casey’s General Stores stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $108.01, for a total value of $108,010.00. Following the sale, the senior vice president now directly owns 8,229 shares in the company, valued at $888,814.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by company insiders.

About Casey’s 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.

Want to see what other hedge funds are holding CASY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Casey’s General Stores, Inc. (NASDAQ:CASY).

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

Receive News & Ratings for Casey's General Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Casey's General Stores Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply