Bank of New Hampshire Has $3.52 Million Stock Position in Casey’s General Stores, Inc. (NASDAQ:CASY)

Bank of New Hampshire decreased its stake in Casey’s General Stores, Inc. (NASDAQ:CASY) by 1.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,101 shares of the company’s stock after selling 153 shares during the quarter. Bank of New Hampshire’s holdings in Casey’s General Stores were worth $3,516,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc acquired a new stake in Casey’s General Stores during the 1st quarter worth about $25,000. Global Financial Private Client LLC boosted its position in Casey’s General Stores by 325.0% during the 1st quarter. Global Financial Private Client LLC now owns 68 shares of the company’s stock worth $30,000 after acquiring an additional 52 shares during the period. Whipplewood Advisors LLC boosted its position in Casey’s General Stores by 160.0% during the 1st quarter. Whipplewood Advisors LLC now owns 117 shares of the company’s stock worth $51,000 after acquiring an additional 72 shares during the period. Heck Capital Advisors LLC acquired a new stake in Casey’s General Stores during the 4th quarter worth about $79,000. Finally, V Square Quantitative Management LLC boosted its position in Casey’s General Stores by 32.9% during the 4th quarter. V Square Quantitative Management LLC now owns 210 shares of the company’s stock worth $83,000 after acquiring an additional 52 shares during the period. Institutional investors and hedge funds own 85.63% of the company’s stock.

Casey’s General Stores Stock Down 0.4%

Shares of CASY stock opened at $444.04 on Friday. The stock’s 50 day simple moving average is $447.69 and its 200 day simple moving average is $424.14. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.49 and a current ratio of 0.88. Casey’s General Stores, Inc. has a twelve month low of $322.78 and a twelve month high of $474.97. The company has a market capitalization of $16.48 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 2.40 and a beta of 0.65.

Casey’s General Stores (NASDAQ:CASY) last issued its quarterly earnings data on Tuesday, March 11th. The company reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.57. Casey’s General Stores had a return on equity of 17.17% and a net margin of 3.57%. The business had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $3.74 billion. During the same period last year, the business earned $2.33 EPS. The firm’s revenue was up 17.2% compared to the same quarter last year. As a group, research analysts predict that Casey’s General Stores, Inc. will post 13.94 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Evercore ISI raised their price objective on Casey’s General Stores from $450.00 to $460.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 1st. Wall Street Zen lowered Casey’s General Stores from a “buy” rating to a “hold” rating in a report on Friday, May 30th. Stephens upgraded Casey’s General Stores to a “strong-buy” rating in a report on Monday, April 7th. KeyCorp started coverage on Casey’s General Stores in a report on Friday, April 11th. They set an “overweight” rating and a $500.00 price target for the company. Finally, Royal Bank of Canada set a $438.00 price target on Casey’s General Stores and gave the company a “sector perform” rating in a report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Casey’s General Stores presently has a consensus rating of “Moderate Buy” and a consensus target price of $430.33.

Insiders Place Their Bets

In other Casey’s General Stores news, Director Mike Spanos purchased 256 shares of the company’s stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $390.54 per share, with a total value of $99,978.24. Following the transaction, the director now directly owns 3,356 shares in the company, valued at approximately $1,310,652.24. This represents a 8.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Katrina S. Lindsey sold 250 shares of Casey’s General Stores stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $437.01, for a total value of $109,252.50. Following the completion of the transaction, the insider now directly owns 2,443 shares in the company, valued at approximately $1,067,615.43. This represents a 9.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.56% of the company’s stock.

About Casey’s General Stores

Casey’s General Stores, Inc engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items.