Evexia Wealth LLC Sells 135 Shares of Casey’s General Stores, Inc. (NASDAQ:CASY)

Evexia Wealth LLC trimmed its holdings in Casey’s General Stores, Inc. (NASDAQ:CASY) by 0.9% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 14,082 shares of the company’s stock after selling 135 shares during the quarter. Casey’s General Stores comprises approximately 2.2% of Evexia Wealth LLC’s portfolio, making the stock its 18th biggest position. Evexia Wealth LLC’s holdings in Casey’s General Stores were worth $6,192,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Versant Capital Management Inc bought a new stake in shares of Casey’s General Stores during the 1st quarter valued at about $25,000. Global Financial Private Client LLC grew its stake in shares of 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 valued at $30,000 after purchasing an additional 52 shares during the period. YANKCOM Partnership bought a new stake in shares of Casey’s General Stores during the 4th quarter valued at about $34,000. Whipplewood Advisors LLC grew its stake in shares of Casey’s General Stores by 160.0% during the 1st quarter. Whipplewood Advisors LLC now owns 117 shares of the company’s stock valued at $51,000 after purchasing an additional 72 shares during the period. Finally, Heck Capital Advisors LLC bought a new stake in shares of Casey’s General Stores during the 4th quarter valued at about $79,000. 85.63% of the stock is currently owned by institutional investors.

Casey’s General Stores Stock Down 0.4%

NASDAQ CASY opened at $444.04 on Friday. The stock’s 50 day moving average is $447.69 and its 200 day moving average is $424.07. The company has a current ratio of 0.88, a quick ratio of 0.49 and a debt-to-equity ratio of 0.74. Casey’s General Stores, Inc. has a 12 month low of $322.78 and a 12 month high of $474.97. The stock has a market cap of $16.48 billion, a PE ratio of 30.94, a P/E/G ratio of 2.40 and a beta of 0.65.

Casey’s General Stores (NASDAQ:CASY) last posted its quarterly earnings results on Tuesday, March 11th. The company reported $2.33 EPS for the quarter, topping 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 company had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $3.74 billion. During the same period in the previous year, the firm earned $2.33 EPS. The firm’s revenue was up 17.2% compared to the same quarter last year. Research analysts predict that Casey’s General Stores, Inc. will post 13.94 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Mike Spanos acquired 256 shares of Casey’s General Stores stock in a transaction on Thursday, March 13th. The shares were acquired at an average price of $390.54 per share, with a total value of $99,978.24. Following the purchase, the director now directly owns 3,356 shares in the company, valued at $1,310,652.24. The trade was a 8.26% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 sale, the insider now directly owns 2,443 shares in the company, valued at approximately $1,067,615.43. The trade was a 9.28% decrease in their position. The disclosure for this sale can be found here. 0.56% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CASY shares. Stephens upgraded Casey’s General Stores to a “strong-buy” rating in a research note on Monday, April 7th. Gordon Haskett raised Casey’s General Stores from a “hold” rating to a “buy” rating in a research report on Thursday, February 13th. Wall Street Zen cut Casey’s General Stores from a “buy” rating to a “hold” rating in a research report on Friday, May 30th. KeyCorp initiated coverage on Casey’s General Stores in a research report on Friday, April 11th. They set an “overweight” rating and a $500.00 price objective on the stock. Finally, Evercore ISI lifted their price objective on Casey’s General Stores from $450.00 to $460.00 and gave the company an “outperform” rating in a research report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $430.33.

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.