855 Shares in Casey’s General Stores, Inc. $CASY Acquired by Expressive Wealth LLC

Expressive Wealth LLC acquired a new position in Casey’s General Stores, Inc. (NASDAQ:CASY) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 855 shares of the company’s stock, valued at approximately $473,000.

Other institutional investors have also recently bought and sold shares of the company. FSB Premier Wealth Management Inc. raised its holdings in shares of Casey’s General Stores by 0.8% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 2,338 shares of the company’s stock valued at $1,292,000 after buying an additional 18 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Casey’s General Stores by 9.1% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 227 shares of the company’s stock valued at $128,000 after buying an additional 19 shares during the period. Central Pacific Bank Trust Division raised its holdings in shares of Casey’s General Stores by 52.8% during the 4th quarter. Central Pacific Bank Trust Division now owns 55 shares of the company’s stock valued at $30,000 after buying an additional 19 shares during the period. Scotia Capital Inc. raised its holdings in shares of Casey’s General Stores by 2.9% during the 3rd quarter. Scotia Capital Inc. now owns 720 shares of the company’s stock valued at $407,000 after buying an additional 20 shares during the period. Finally, ORG Partners LLC raised its holdings in shares of Casey’s General Stores by 47.6% during the 4th quarter. ORG Partners LLC now owns 62 shares of the company’s stock valued at $34,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 85.63% of the company’s stock.

Insider Buying and Selling at Casey’s General Stores

In other Casey’s General Stores news, Director Mike Spanos bought 300 shares of the business’s stock in a transaction on Friday, March 13th. The shares were purchased at an average price of $665.43 per share, with a total value of $199,629.00. Following the purchase, the director directly owned 4,499 shares of the company’s stock, valued at approximately $2,993,769.57. The trade was a 7.14% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Katrina S. Lindsey sold 200 shares of Casey’s General Stores stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $683.04, for a total value of $136,608.00. Following the sale, the insider directly owned 4,039 shares in the company, valued at $2,758,798.56. The trade was a 4.72% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.54% of the stock is owned by insiders.

Casey’s General Stores Trading Down 1.9%

NASDAQ:CASY opened at $809.41 on Wednesday. Casey’s General Stores, Inc. has a 12-month low of $433.16 and a 12-month high of $901.00. The firm has a market capitalization of $29.92 billion, a P/E ratio of 46.46, a P/E/G ratio of 2.28 and a beta of 0.65. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.04 and a quick ratio of 0.64. The business has a 50 day simple moving average of $774.55 and a 200 day simple moving average of $663.30.

Casey’s General Stores (NASDAQ:CASY) last released its quarterly earnings data on Monday, March 9th. The company reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.55. Casey’s General Stores had a return on equity of 17.56% and a net margin of 3.83%.The business had revenue of $3.92 billion during the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the previous year, the firm posted $2.33 EPS. The business’s revenue for the quarter was up .3% compared to the same quarter last year. Equities research analysts predict that Casey’s General Stores, Inc. will post 18.19 EPS for the current year.

Casey’s General Stores Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were paid a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $2.28 annualized dividend and a yield of 0.3%. Casey’s General Stores’s payout ratio is presently 13.09%.

Analyst Upgrades and Downgrades

CASY has been the topic of several analyst reports. Evercore reiterated an “outperform” rating and set a $915.00 target price on shares of Casey’s General Stores in a report on Monday, May 18th. Zacks Research upgraded Casey’s General Stores from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 23rd. Stephens restated an “overweight” rating and set a $680.00 price objective on shares of Casey’s General Stores in a research note on Tuesday, March 10th. Wells Fargo & Company raised their price objective on Casey’s General Stores from $745.00 to $910.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Casey’s General Stores in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Casey’s General Stores currently has an average rating of “Moderate Buy” and a consensus price target of $752.36.

Casey’s General Stores Company Profile

Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.

The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.