BW Gestao de Investimentos Ltda. held its position in Caseys General Stores, Inc. (NASDAQ:CASY) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,567 shares of the company’s stock at the close of the second quarter. BW Gestao de Investimentos Ltda.’s holdings in Caseys General Stores were worth $275,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Caseys General Stores by 1.4% during the second quarter. Vanguard Group Inc. now owns 3,489,016 shares of the company’s stock worth $373,709,000 after acquiring an additional 48,059 shares during the last quarter. BlackRock Inc. boosted its position in Caseys General Stores by 14,288.2% during the first quarter. BlackRock Inc. now owns 3,093,329 shares of the company’s stock worth $347,227,000 after acquiring an additional 3,071,830 shares during the last quarter. Iridian Asset Management LLC CT boosted its position in Caseys General Stores by 9.2% during the second quarter. Iridian Asset Management LLC CT now owns 1,553,345 shares of the company’s stock worth $166,379,000 after acquiring an additional 131,245 shares during the last quarter. Janus Henderson Group PLC acquired a new position in Caseys General Stores during the second quarter worth about $162,421,000. Finally, Clearbridge Investments LLC boosted its position in Caseys General Stores by 23.6% during the first quarter. Clearbridge Investments LLC now owns 1,373,665 shares of the company’s stock worth $154,194,000 after acquiring an additional 262,360 shares during the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

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A number of equities analysts recently weighed in on CASY shares. Royal Bank Of Canada set a $116.00 price target on shares of Caseys General Stores and gave the stock a “hold” rating in a research report on Monday, August 28th. William Blair started coverage on shares of Caseys General Stores in a research report on Wednesday, July 12th. They set an “outperform” rating on the stock. Zacks Investment Research lowered shares of Caseys General Stores from a “hold” rating to a “sell” rating in a research report on Thursday, August 31st. Jefferies Group LLC restated a “buy” rating and set a $134.00 price target (down from $139.00) on shares of Caseys General Stores in a research report on Thursday, August 31st. Finally, BidaskClub lowered shares of Caseys General Stores from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $115.29.

In other 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 transaction of $108,010.00. Following the transaction, the senior vice president now directly owns 8,229 shares in the company, valued at approximately $888,814.29. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Shares of Caseys General Stores, Inc. (CASY) traded up 1.72% during trading on Friday, reaching $114.66. 150,484 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $107.89 and a 200-day moving average price of $109.14. Caseys General Stores, Inc. has a 52 week low of $99.76 and a 52 week high of $126.49. The stock has a market capitalization of $4.35 billion, a price-to-earnings ratio of 27.09 and a beta of 0.51.

Caseys General Stores (NASDAQ:CASY) last announced its quarterly earnings data on Tuesday, September 5th. The company reported $1.46 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.46. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.16 billion. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The company’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.70 EPS. Analysts predict that Caseys General Stores, Inc. will post $4.40 earnings per share for the current year.

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

Caseys General Stores 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.

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

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