Caseys General Stores, Inc. (CASY) Position Raised by Aperio Group LLC

Paterniano Del Favero
Agosto 10, 2017

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. raised its position in Caseys General Stores by 1.7% in the first quarter. Vontobel Asset Management Inc. now owns 1,498,546 shares of the company's stock valued at $173,215,000 after buying an additional 303,068 shares during the period. Sit Investment Associates Inc. now owns 27,540 shares of the company's stock worth $3,091,000 after buying an additional 12,125 shares during the last quarter. Karp Capital Management Corp acquired a new position in Caseys General Stores during the first quarter worth about $1,785,000. Finally, Vontobel Asset Management Inc. raised its position in shares of Caseys General Stores by 25.4% in the first quarter. Teachers Advisors has an ownership of 79,346 company stock worth at $9,433,000 after scooping up an extra 7,429 shares through out the quarter. Teachers Advisors upped its stake in Caseys General Stores by 10.3% in the Q4. Sei Investments Co. now owns 65,270 shares of the company's stock worth $7,327,000 after buying an additional 2,309 shares during the last quarter. Hap Trading Ltd Liability invested in 0.13% or 21,053 shares. Casey's General Stores Inc now has $4.08B valuation. (NASDAQ CASY) traded down 0.29% during mid-day trading on Wednesday, hitting $107.40. About 10,431 shares traded. Analysts expect next quarter's EPS to be $1.44 with next year's EPS projected to be $5.05.

The company now has a P/E ratio of 23.88 and the market value is 4.12B.

The stock's 50 day moving average is 106.22 and its 200 day moving average is 111.65. Blackrock Fund Advsr stated it has 0.03% in Casey's General Stores Inc (NASDAQ:CASY). The institutional investor held 1.05 million shares of the consumer durables company at the end of 2016Q4, valued at $124.82M, up from 300,000 at the end of the previous reported quarter. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.88 billion.

06/07/2017 - Caseys General Stores, Inc. had its " rating reiterated by analysts at BMO Capital Markets. Caseys General Stores's revenue for the quarter was up 16.6% on a year-over-year basis. During the same period past year, the company posted $1.19 earnings per share.

Among 10 analysts covering Casey's General Stores (NASDAQ:CASY), 6 have Buy rating, 0 Sell and 4 Hold.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. The dividend will be $0.260 per share for the quarter which is $1.04 annualized. Commercial Bank Of Montreal Can stated it has 0% of its portfolio in Casey's General Stores Inc (NASDAQ:CASY). The firm earned "Buy" rating on Friday, July 21 by Jefferies. Connecticut-based Cubist Systematic Strategies Ltd Liability Company has invested 0.12% in Casey's General Stores Inc (NASDAQ:CASY). Jefferies Group LLC restated a "buy" rating and set a $139.00 target price on shares of Caseys General Stores in a research note on Tuesday, June 20th. "(NASDAQ:CASY) Shares Sold by NGAM Advisors L.P." was first posted by Stock Observer and is the property of of Stock Observer. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and global copyright and trademark law. The original version of this article can be read at https://www.baseball-news-blog.com/2017/08/09/caseys-general-stores-inc-casy-position-raised-by-aperio-group-llc.html.

Several research analysts have recently commented on CASY shares. Sidoti downgraded Caseys General Stores from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $130.00 to $118.00 in a research report on Tuesday, June 6th. (The) began coverage on shares of Caseys General Stores in a research note on Thursday, April 27th. Barclays PLC cut their price objective on shares of Caseys General Stores from $116.00 to $100.00 and set an "equal weight" rating for the company in a report on Wednesday, June 7th. Royal Bank Of Canada reissued a "sector perform" recommendation and given a $121.00 price target (down from $123.00) on stocks of Caseys General Stores in a study report on early Mon, May 29th. BMO Capital Markets upgraded Casey's General Stores Inc (NASDAQ:CASY) on Friday, September 11 to "Market Perform" rating. Eight Brokerage firms have recommended the share with a hold recommendation, four has issued a buy recommendation and 1 have issued a strong buy recommendation to the share. Caseys General Stores presently has an average rating of "Hold" and an average price target of $116.29.

In other Caseys General Stores news, SVP John C. Soupene sold 1,000 shares of the company's stock in a transaction on Tuesday, June 27th. The stock was sold at an average price of $108.09, for a total value of $108,090.00. Following the completion of the transaction, the senior vice president now directly owns 1,253 shares in the company, valued at approximately $133,469.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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 IL. 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. It improved, as 48 investors sold CASY shares while 109 reduced holdings.

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