Hodges Capital Management Inc. decreased its stake in shares of Caseys General Stores, Inc. (NASDAQ:CASY) by 98.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,112 shares of the company’s stock after selling 171,760 shares during the period. Hodges Capital Management Inc.’s holdings in Caseys General Stores were worth $341,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clear Perspective Advisors LLC increased its holdings in shares of Caseys General Stores by 8.9% during the 2nd quarter. Clear Perspective Advisors LLC now owns 1,225 shares of the company’s stock valued at $131,000 after acquiring an additional 100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Caseys General Stores by 46.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,779 shares of the company’s stock valued at $191,000 after acquiring an additional 566 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of Caseys General Stores during the 3rd quarter valued at about $264,000. Neuberger Berman Group LLC increased its holdings in shares of Caseys General Stores by 0.9% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,474 shares of the company’s stock valued at $265,000 after acquiring an additional 23 shares during the last quarter. Finally, Denver Investment Advisors LLC increased its holdings in shares of Caseys General Stores by 24.5% during the 2nd quarter. Denver Investment Advisors LLC now owns 2,540 shares of the company’s stock valued at $272,000 after acquiring an additional 500 shares during the last quarter. 99.97% of the stock is currently owned by institutional investors and hedge funds.

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

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A number of research firms have issued reports on CASY. Royal Bank Of Canada set a $118.00 target price on Caseys General Stores and gave the company a “hold” rating in a report on Sunday, August 13th. Jefferies Group LLC set a $139.00 target price on Caseys General Stores and gave the company a “buy” rating in a report on Saturday, July 22nd. Zacks Investment Research raised Caseys General Stores from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Finally, BidaskClub raised Caseys General Stores from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. Two analysts have rated the stock with a sell rating, six have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Caseys General Stores currently has a consensus rating of “Hold” and a consensus target price of $115.29.

Shares of Caseys General Stores, Inc. (CASY) opened at $113.82 on Friday. Caseys General Stores, Inc. has a fifty-two week low of $99.76 and a fifty-two week high of $126.49. The firm has a market capitalization of $4,318.75, a P/E ratio of 26.88, a PEG ratio of 2.44 and a beta of 0.45. The company has a current ratio of 0.99, a quick ratio of 0.48 and a debt-to-equity ratio of 0.91.

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. Caseys General Stores had a return on equity of 13.99% and a net margin of 2.19%. The company 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. Caseys General Stores’s revenue for the quarter was up 6.3% compared to the same quarter last year. research analysts expect that Caseys General Stores, Inc. will post 4.31 earnings per share for the current fiscal year.

The company 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. This represents a $1.04 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Tuesday, October 31st. Caseys General Stores’s payout ratio is presently 24.53%.

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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