Engine Capital Management LLC maintained its stake in shares of Caseys General Stores, Inc. (NASDAQ:CASY) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,000 shares of the company’s stock at the close of the 2nd quarter. Caseys General Stores comprises approximately 0.2% of Engine Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding. Engine Capital Management LLC’s holdings in Caseys General Stores were worth $214,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of CASY. Clear Perspective Advisors LLC boosted its position in shares of Caseys General Stores by 8.9% in the 2nd quarter. Clear Perspective Advisors LLC now owns 1,225 shares of the company’s stock worth $131,000 after purchasing an additional 100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Caseys General Stores by 46.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,779 shares of the company’s stock worth $191,000 after purchasing an additional 566 shares in the last quarter. Neuberger Berman Group LLC boosted its position in shares of Caseys General Stores by 0.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 2,474 shares of the company’s stock worth $265,000 after purchasing an additional 23 shares in the last quarter. Denver Investment Advisors LLC boosted its position in shares of Caseys General Stores by 24.5% in the 2nd quarter. Denver Investment Advisors LLC now owns 2,540 shares of the company’s stock worth $272,000 after purchasing an additional 500 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in shares of Caseys 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 purchasing an additional 151 shares in the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on CASY shares. Jefferies Group LLC set a $139.00 price objective on Caseys General Stores and gave the stock a “buy” rating in a research report on Friday, August 25th. Royal Bank Of Canada set a $116.00 price objective on Caseys General Stores and gave the stock a “hold” rating in a research report on Monday, August 28th. Zacks Investment Research raised Caseys General Stores from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. BidaskClub raised Caseys General Stores from a “sell” rating to a “hold” rating in a research report on Saturday, August 5th. Finally, William Blair started coverage on Caseys General Stores in a research report on Wednesday, July 12th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $115.29.

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Caseys General Stores, Inc. (NASDAQ:CASY) traded up 0.32% during trading on Friday, hitting $111.06. The company’s stock had a trading volume of 400,178 shares. The firm has a market cap of $4.21 billion, a PE ratio of 26.24 and a beta of 0.51. Caseys General Stores, Inc. has a one year low of $99.76 and a one year high of $126.49. The company has a 50-day moving average of $107.17 and a 200 day moving average of $109.16.

Caseys General Stores (NASDAQ:CASY) last announced its earnings results on Tuesday, September 5th. The company reported $1.46 earnings per share for the quarter, hitting the 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 the consensus estimate of $2.16 billion. During the same quarter in the prior year, the firm earned $1.70 earnings per share. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. On average, equities analysts forecast that Caseys General Stores, Inc. will post $4.40 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be paid a dividend of $0.26 per share. The ex-dividend date is Tuesday, October 31st. This represents a $1.04 annualized dividend and a dividend yield of 0.94%. Caseys General Stores’s dividend payout ratio (DPR) is 24.53%.

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 completion of the sale, the senior vice president now owns 8,229 shares in the company, valued at $888,814.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by corporate insiders.

About Caseys 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.

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

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