Thompson Siegel & Walmsley LLC Has $2.87 Million Holdings in Casey’s General Stores, Inc. $CASY

Thompson Siegel & Walmsley LLC lessened its holdings in Casey’s General Stores, Inc. (NASDAQ:CASY) by 53.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,196 shares of the company’s stock after selling 6,000 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Casey’s General Stores were worth $2,872,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Waterloo Capital L.P. lifted its stake in shares of Casey’s General Stores by 4.7% in the 4th quarter. Waterloo Capital L.P. now owns 3,509 shares of the company’s stock valued at $1,939,000 after purchasing an additional 156 shares during the last quarter. Texas Yale Capital Corp. lifted its stake in shares of Casey’s General Stores by 5.6% in the 4th quarter. Texas Yale Capital Corp. now owns 3,609 shares of the company’s stock valued at $1,995,000 after purchasing an additional 191 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Casey’s General Stores by 39.9% in the 4th quarter. BNP Paribas Financial Markets now owns 14,878 shares of the company’s stock valued at $8,223,000 after purchasing an additional 4,240 shares during the last quarter. AdvisorShares Investments LLC lifted its stake in shares of Casey’s General Stores by 4,290.0% in the 4th quarter. AdvisorShares Investments LLC now owns 13,170 shares of the company’s stock valued at $7,279,000 after purchasing an additional 12,870 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Casey’s General Stores in the 4th quarter valued at $265,163,000. Institutional investors and hedge funds own 85.63% of the company’s stock.

Insider Buying and Selling at Casey’s General Stores

In other news, insider Katrina S. Lindsey sold 200 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $683.04, for a total transaction of $136,608.00. Following the transaction, the insider owned 4,039 shares in the company, valued at approximately $2,758,798.56. The trade was a 4.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Mike Spanos acquired 300 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were bought at an average price of $665.43 per share, for a total transaction of $199,629.00. Following the acquisition, the director owned 4,499 shares in the company, valued at approximately $2,993,769.57. This trade represents a 7.14% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.54% of the company’s stock.

Casey’s General Stores Stock Performance

Shares of CASY opened at $754.21 on Wednesday. The company has a market capitalization of $27.88 billion, a PE ratio of 43.30, a price-to-earnings-growth ratio of 2.06 and a beta of 0.61. Casey’s General Stores, Inc. has a one year low of $433.16 and a one year high of $901.00. 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 company’s fifty day moving average price is $782.11 and its 200 day moving average price is $669.99.

Casey’s General Stores (NASDAQ:CASY) last announced its earnings results on Monday, March 9th. The company reported $3.49 EPS for the quarter, topping the consensus estimate of $2.94 by $0.55. The firm had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $4.08 billion. Casey’s General Stores had a net margin of 3.83% and a return on equity of 17.56%. The business’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter last year, the firm posted $2.33 EPS. As a group, analysts expect that Casey’s General Stores, Inc. will post 18.19 earnings per share for the current year.

Casey’s General Stores Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, May 1st. Casey’s General Stores’s dividend payout ratio (DPR) is 13.09%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CASY shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Casey’s General Stores in a research note on Friday, March 27th. Wells Fargo & Company lifted their price objective on shares of Casey’s General Stores from $745.00 to $910.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. UBS Group lifted their target price on shares of Casey’s General Stores from $600.00 to $706.00 and gave the stock a “neutral” rating in a report on Wednesday, March 11th. KeyCorp lifted their target price on shares of Casey’s General Stores from $830.00 to $860.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, Stephens reiterated an “overweight” rating and issued a $680.00 target price on shares of Casey’s General Stores in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Casey’s General Stores presently has an average rating of “Moderate Buy” and an average 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.