OxFORD Asset Management LLP increased its stake in shares of Caseys General Stores, Inc. (NASDAQ:CASY) by 30.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,520 shares of the company’s stock after purchasing an additional 4,511 shares during the quarter. OxFORD Asset Management LLP owned 0.05% of Caseys General Stores worth $2,140,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clear Perspective Advisors LLC boosted its position 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 worth $131,000 after acquiring an additional 100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position 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 worth $191,000 after acquiring an additional 566 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of Caseys General Stores during the 3rd quarter worth about $264,000. Trexquant Investment LP acquired a new position in shares of Caseys General Stores during the 3rd quarter worth about $267,000. Finally, Neuberger Berman Group LLC boosted its position 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 worth $265,000 after acquiring an additional 23 shares in the last quarter. 97.20% of the stock is owned by hedge funds and other institutional investors.

Shares of Caseys General Stores, Inc. (NASDAQ:CASY) opened at $107.86 on Thursday. The stock has a market capitalization of $4,552.60, a PE ratio of 29.72, a P/E/G ratio of 2.58 and a beta of 0.46. 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 1 year low of $99.76 and a 1 year high of $126.49.

Caseys General Stores (NASDAQ:CASY) last announced its earnings results on Monday, December 11th. The company reported $1.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.12). The firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.17 billion. Caseys General Stores had a net margin of 2.02% and a return on equity of 13.32%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the company earned $1.44 earnings per share. research analysts anticipate that Caseys General Stores, Inc. will post 4.35 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Wednesday, January 31st. Caseys General Stores’s dividend payout ratio is presently 25.49%.

Several research analysts have recently issued reports on CASY shares. Jefferies Group reaffirmed a “buy” rating and set a $134.00 price objective (down from $139.00) on shares of Caseys General Stores in a research report on Thursday, August 31st. Zacks Investment Research raised Caseys General Stores from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th. Raymond James Financial reissued a “market perform” rating on shares of Caseys General Stores in a research report on Wednesday, December 6th. Royal Bank of Canada reissued a “hold” rating on shares of Caseys General Stores in a research report on Friday, December 8th. Finally, BidaskClub cut Caseys General Stores from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $115.29.

In other Caseys General Stores news, SVP Brian Joseph Johnson sold 1,000 shares of the company’s 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 completion of the sale, the senior vice president now directly owns 8,229 shares of the company’s stock, valued at approximately $888,814.29. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.30% of the stock is owned by corporate insiders.

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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.

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

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