Trexquant Investment LP acquired a new stake in shares of Caseys General Stores, Inc. (NASDAQ:CASY) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,441 shares of the company’s stock, valued at approximately $267,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in CASY. Bank of Montreal Can lifted its stake in Caseys General Stores by 0.3% in the second quarter. Bank of Montreal Can now owns 5,264 shares of the company’s stock valued at $564,000 after acquiring an additional 18 shares during the last quarter. Aperio Group LLC lifted its stake in Caseys General Stores by 14.9% in the second quarter. Aperio Group LLC now owns 18,283 shares of the company’s stock valued at $1,958,000 after acquiring an additional 2,377 shares during the last quarter. US Bancorp DE lifted its stake in Caseys General Stores by 2.3% in the second quarter. US Bancorp DE now owns 4,773 shares of the company’s stock valued at $512,000 after acquiring an additional 107 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Caseys General Stores by 2.3% in the second quarter. Janney Montgomery Scott LLC now owns 5,577 shares of the company’s stock valued at $597,000 after acquiring an additional 127 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its stake in Caseys General Stores by 2.4% in the second quarter. Great West Life Assurance Co. Can now owns 94,845 shares of the company’s stock valued at $10,139,000 after acquiring an additional 2,205 shares during the last quarter. 97.20% of the stock is currently owned by hedge funds and other institutional investors.

CASY has been the subject of a number of analyst reports. Royal Bank Of Canada set a $116.00 target price on shares of Caseys General Stores and gave the company a “hold” rating in a research note on Monday, August 28th. Zacks Investment Research cut shares of Caseys General Stores from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Raymond James Financial reiterated a “buy” rating on shares of Caseys General Stores in a research note on Wednesday. Jefferies Group reiterated a “buy” rating and issued a $134.00 target price (down from $139.00) on shares of Caseys General Stores in a research note on Thursday, August 31st. Finally, BidaskClub cut shares of Caseys General Stores from a “hold” rating to a “sell” rating in a research note on Thursday, August 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $115.29.

In other news, SVP Brian Joseph Johnson sold 1,000 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president now directly owns 8,229 shares in the company, valued at $888,814.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by insiders.

Shares of Caseys General Stores, Inc. (NASDAQ CASY) opened at $124.57 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.99 and a quick ratio of 0.48. Caseys General Stores, Inc. has a one year low of $99.76 and a one year high of $126.49. The firm has a market cap of $4,677.64, a price-to-earnings ratio of 29.11, a PEG ratio of 2.65 and a beta of 0.46.

Caseys General Stores (NASDAQ:CASY) last issued its quarterly earnings data on Tuesday, September 5th. The company reported $1.46 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.46. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the previous year, the company earned $1.70 earnings per share. Caseys General Stores’s revenue for the quarter was up 6.3% on a year-over-year basis. research analysts anticipate that Caseys General Stores, Inc. will post 4.31 EPS for the current fiscal year.

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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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