DekaBank Deutsche Girozentrale minimize its stake in shares of Casey’s Common Shops, Inc. (NASDAQ:CASY – Free Report) by 71.3% within the 2nd quarter, in response to its most up-to-date Kind 13F submitting with the Securities and Alternate Fee. The fund owned 7,717 shares of the corporate’s inventory after promoting 19,145 shares through the quarter. DekaBank Deutsche Girozentrale’s holdings in Casey’s Common Shops have been value $2,944,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers additionally lately made modifications to their positions in CASY. Congress Asset Administration Co. MA purchased a brand new place in Casey’s Common Shops through the 1st quarter value $112,081,000. Steward Companions Funding Advisory LLC grew its place in shares of Casey’s Common Shops by 195.8% through the fourth quarter. Steward Companions Funding Advisory LLC now owns 3,488 shares of the corporate’s inventory value $958,000 after buying an extra 2,309 shares over the last quarter. Kapitalo Investimentos Ltda acquired a brand new stake in shares of Casey’s Common Shops within the 4th quarter value about $903,000. Azimuth Capital Funding Administration LLC purchased a brand new stake in Casey’s Common Shops within the 4th quarter valued at about $8,498,000. Lastly, Susquehanna Basic Investments LLC acquired a brand new place in Casey’s Common Shops through the 1st quarter valued at about $794,000. 85.63% of the inventory is owned by institutional buyers.
Analysts Set New Value Targets
A number of equities analysis analysts have commented on CASY shares. Northcoast Analysis upgraded shares of Casey’s Common Shops from a “impartial” ranking to a “purchase” ranking and set a $410.00 value goal on the inventory in a analysis word on Thursday, July eleventh. Jefferies Monetary Group raised their goal value on Casey’s Common Shops from $342.00 to $445.00 and gave the corporate a “purchase” ranking in a analysis report on Wednesday, June twelfth. JPMorgan Chase & Co. boosted their value goal on Casey’s Common Shops from $298.00 to $300.00 and gave the inventory a “impartial” ranking in a analysis report on Wednesday, September 4th. StockNews.com lowered Casey’s Common Shops from a “strong-buy” ranking to a “purchase” ranking in a report on Saturday, August third. Lastly, BMO Capital Markets upped their value goal on shares of Casey’s Common Shops from $305.00 to $400.00 and gave the inventory a “market carry out” ranking in a report on Thursday, June thirteenth. Three analysis analysts have rated the inventory with a maintain ranking and eight have issued a purchase ranking to the corporate. In line with MarketBeat, the inventory has a mean ranking of “Average Purchase” and a mean value goal of $401.20.
Test Out Our Newest Inventory Evaluation on CASY
Insider Shopping for and Promoting
In different Casey’s Common Shops information, insider Thomas P. Brennan, Jr. offered 3,000 shares of the corporate’s inventory in a transaction dated Friday, September sixth. The shares have been offered at a mean value of $380.24, for a complete transaction of $1,140,720.00. Following the completion of the sale, the insider now instantly owns 9,044 shares of the corporate’s inventory, valued at $3,438,890.56. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is obtainable by means of this hyperlink. In different Casey’s Common Shops information, insider Thomas P. Brennan, Jr. offered 3,000 shares of Casey’s Common Shops inventory in a transaction that occurred on Friday, September sixth. The shares have been offered at a mean value of $380.24, for a complete transaction of $1,140,720.00. Following the transaction, the insider now instantly owns 9,044 shares within the firm, valued at roughly $3,438,890.56. The transaction was disclosed in a submitting with the SEC, which is obtainable at the SEC web site. Additionally, CEO Darren M. Rebelez offered 13,500 shares of the inventory in a transaction on Friday, September sixth. The shares have been offered at a mean value of $374.54, for a complete worth of $5,056,290.00. Following the completion of the sale, the chief government officer now owns 73,838 shares of the corporate’s inventory, valued at roughly $27,655,284.52. The disclosure for this sale might be discovered right here. 0.47% of the inventory is presently owned by firm insiders.
Casey’s Common Shops Inventory Efficiency
Shares of CASY opened at $373.02 on Thursday. The corporate has a debt-to-equity ratio of 0.44, a present ratio of 0.84 and a fast ratio of 0.44. The agency’s 50 day shifting common is $374.49 and its 200-day shifting common is $346.63. Casey’s Common Shops, Inc. has a 12-month low of $260.13 and a 12-month excessive of $401.07. The inventory has a market capitalization of $13.84 billion, a P/E ratio of 27.78, a P/E/G ratio of two.58 and a beta of 0.80.
Casey’s Common Shops (NASDAQ:CASY – Get Free Report) final introduced its quarterly earnings information on Wednesday, September 4th. The corporate reported $4.83 EPS for the quarter, beating analysts’ consensus estimates of $4.54 by $0.29. The corporate had income of $4.10 billion through the quarter, in comparison with the consensus estimate of $4.15 billion. Casey’s Common Shops had a return on fairness of 17.07% and a internet margin of three.40%. The corporate’s quarterly income was up 5.9% in comparison with the identical quarter final yr. Throughout the identical quarter within the prior yr, the agency earned $4.52 EPS. Equities analysis analysts anticipate that Casey’s Common Shops, Inc. will publish 14.15 EPS for the present fiscal yr.
Casey’s Common Shops Dividend Announcement
The enterprise additionally lately declared a quarterly dividend, which can be paid on Friday, November fifteenth. Buyers of document on Friday, November 1st can be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.00 dividend on an annualized foundation and a dividend yield of 0.54%. Casey’s Common Shops’s dividend payout ratio (DPR) is 14.89%.
Casey’s Common Shops Profile
Casey’s Common Shops, Inc, along with its subsidiaries, operates comfort shops underneath the Casey’s and Casey’s Common Retailer names. Its shops supply pizza, donuts, breakfast gadgets, and sandwiches; and tobacco and nicotine merchandise. The corporate’s shops present mushy drinks, power, water, sports activities drinks, juices, espresso, and tea and dairy merchandise; beer, wine, and spirits; snacks, sweet, packaged bakery, and different meals gadgets; ice, ice cream, meals, and appetizers; well being and wonder aids, automotive merchandise, digital equipment, housewares, and pet provides; and ATM, lotto/lottery, and pay as you go playing cards.
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