2 weeks Ago By ABMN Staff
LPL Financial LLC increased its holdings in shares of Casey’s General Stores, Inc. ( NASDAQ:CASY – Free Report ) by 15.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
The firm owned 79,483 shares of the company’s stock after acquiring an additional 10,853 shares during the period. LPL Financial LLC owned approximately 0.21% of Casey’s General Stores worth $31,459,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of Casey’s General Stores in the fourth quarter valued at about $236,500,000.
Franklin Resources Inc. boosted its holdings in Casey’s General Stores by 49.9% in the 3rd quarter.
Franklin Resources Inc. now owns 524,237 shares of the company’s stock worth $204,861,000 after buying an additional 174,586 shares during the last quarter. Benjamin Edwards Inc.
increased its stake in Casey’s General Stores by 1,819.1% during the 3rd quarter. Benjamin Edwards Inc.
now owns 130,291 shares of the company’s stock worth $48,959,000 after buying an additional 123,502 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Casey’s General Stores by 281.4% during the third quarter.
Wellington Management Group LLP now owns 164,656 shares of the company’s stock valued at $61,863,000 after acquiring an additional 121,488 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Casey’s General Stores by 18.
7% in the third quarter. JPMorgan Chase & Co. now owns 758,804 shares of the company’s stock valued at $285,090,000 after acquiring an additional 119,350 shares in the last quarter.
Hedge funds and other institutional investors own 85.63% of the company’s stock. Insider Activity In related news, Director Mike Spanos bought 256 shares of the stock in a transaction dated Thursday, March 13th.
The stock was acquired at an average price of $390.54 per share, for a total transaction of $99,978.24.
Following the acquisition, the director now owns 3,356 shares in the company, valued at approximately $1,310,652.24. This represents a 8.
26 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Company insiders own 0.
56% of the company’s stock. Analysts Set New Price Targets Get Our Latest Stock Report on Casey’s General Stores Casey’s General Stores Stock Up 0.3 % Shares of Casey’s General Stores stock opened at $432.
00 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.
88 and a debt-to-equity ratio of 0.74. Casey’s General Stores, Inc.
has a 52-week low of $306.45 and a 52-week high of $445.17.
The company has a market capitalization of $16.04 billion, a P/E ratio of 30.10, a P/E/G ratio of 2.
40 and a beta of 0.87. The company has a 50 day moving average of $413.
35 and a 200 day moving average of $402.99. Casey’s General Stores ( NASDAQ:CASY – Get Free Report ) last released its quarterly earnings data on Tuesday, March 11th.
The company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.
57. The business had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.
74 billion. Casey’s General Stores had a net margin of 3.57% and a return on equity of 17.
17%. The company’s revenue for the quarter was up 17.2% on a year-over-year basis.
During the same period in the previous year, the company earned $2.33 EPS. As a group, research analysts forecast that Casey’s General Stores, Inc.
will post 13.94 EPS for the current fiscal year. Casey’s General Stores Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th.
Stockholders of record on Thursday, May 1st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, May 1st.
This represents a $2.00 annualized dividend and a dividend yield of 0.46%.
Casey’s General Stores’s dividend payout ratio is currently 13.94%. About Casey’s General Stores ( Free Report ) Casey’s General Stores, Inc engages in the provision of management and operation of convenience stores and gasoline stations.
It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items. Featured Stories Receive News & Ratings for Casey's General Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Casey's General Stores and related companies with MarketBeat.
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