Casey’s General Stores, Inc. (NASDAQ:CASY) Shares Purchased by Pathstone Holdings LLC

Pathstone Holdings LLC increased its position in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) by 1.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,871 shares of the company’s stock after purchasing an additional 48 shares during the period. Pathstone Holdings LLC’s holdings in Casey’s General Stores were worth $1,830,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CASY. AdvisorNet Financial Inc increased its position in shares of Casey’s General Stores by 10.1% during the second quarter. AdvisorNet Financial Inc now owns 317 shares of the company’s stock valued at $121,000 after acquiring an additional 29 shares during the last quarter. V Square Quantitative Management LLC increased its position in shares of Casey’s General Stores by 22.5% during the third quarter. V Square Quantitative Management LLC now owns 158 shares of the company’s stock valued at $59,000 after acquiring an additional 29 shares during the last quarter. Verus Capital Partners LLC increased its position in shares of Casey’s General Stores by 3.1% during the third quarter. Verus Capital Partners LLC now owns 991 shares of the company’s stock valued at $372,000 after acquiring an additional 30 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of Casey’s General Stores by 3.3% during the third quarter. CIBC Asset Management Inc now owns 1,078 shares of the company’s stock valued at $405,000 after acquiring an additional 34 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its position in shares of Casey’s General Stores by 0.3% during the second quarter. Oppenheimer & Co. Inc. now owns 12,769 shares of the company’s stock valued at $4,872,000 after acquiring an additional 37 shares during the last quarter. 85.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Casey’s General Stores

In other Casey’s General Stores news, Director Mike Spanos purchased 267 shares of Casey’s General Stores stock in a transaction that occurred on Wednesday, September 18th. The stock was purchased at an average price of $376.18 per share, for a total transaction of $100,440.06. Following the transaction, the director now directly owns 2,594 shares in the company, valued at $975,810.92. This trade represents a 11.47 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Thomas P. Brennan, Jr. sold 3,000 shares of the company’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $380.24, for a total transaction of $1,140,720.00. Following the completion of the sale, the insider now owns 9,044 shares of the company’s stock, valued at approximately $3,438,890.56. This trade represents a 24.91 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.56% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Gordon Haskett assumed coverage on shares of Casey’s General Stores in a research report on Monday, November 4th. They set a “hold” rating and a $400.00 price target for the company. Wells Fargo & Company lifted their price target on shares of Casey’s General Stores from $415.00 to $425.00 and gave the company an “overweight” rating in a research report on Friday, September 6th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Casey’s General Stores from $451.00 to $454.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. StockNews.com cut shares of Casey’s General Stores from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 3rd. Finally, Evercore ISI lifted their price objective on shares of Casey’s General Stores from $435.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $408.25.

Casey’s General Stores Stock Down 1.3 %

Shares of NASDAQ:CASY opened at $420.98 on Thursday. The company has a market capitalization of $15.63 billion, a PE ratio of 30.70 and a beta of 0.79. The company has a current ratio of 0.84, a quick ratio of 0.44 and a debt-to-equity ratio of 0.44. Casey’s General Stores, Inc. has a twelve month low of $266.56 and a twelve month high of $435.60. The firm has a 50 day simple moving average of $392.28 and a 200-day simple moving average of $374.41.

Casey’s General Stores (NASDAQ:CASY) last issued its quarterly earnings data on Wednesday, September 4th. The company reported $4.83 earnings per share for the quarter, topping the consensus estimate of $4.54 by $0.29. The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.15 billion. Casey’s General Stores had a net margin of 3.40% and a return on equity of 17.07%. The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.52 EPS. On average, equities analysts predict that Casey’s General Stores, Inc. will post 14.22 EPS for the current fiscal year.

About Casey’s General Stores

Casey's General Stores, Inc, together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. Its stores offer pizza, donuts, breakfast items, and sandwiches; and tobacco and nicotine products. The company's stores provide soft drinks, energy, water, sports drinks, juices, coffee, and tea and dairy products; beer, wine, and spirits; snacks, candy, packaged bakery, and other food items; ice, ice cream, meals, and appetizers; health and beauty aids, automotive products, electronic accessories, housewares, and pet supplies; and ATM, lotto/lottery, and prepaid cards.