Casey's General Stores Inc (CASY) : Speece Thorson Capital Group Inc scooped up 1,691 additional shares in Casey's General Stores Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 128,038 shares of Casey's General Stores Inc which is valued at $16,999,605.Casey's General Stores Inc makes up approximately 3.65% of Speece Thorson Capital Group Inc’s portfolio.
Other Hedge Funds, Including , Calamos Advisors added CASY to its portfolio by purchasing 230,283 company shares during the most recent quarter which is valued at $30,574,674. Casey's General Stores Inc makes up approx 0.28% of Calamos Advisors’s portfolio.Louisiana State Employees Retirement System reduced its stake in CASY by selling 400 shares or 3.7% in the most recent quarter. The Hedge Fund company now holds 10,400 shares of CASY which is valued at $1,380,808. Casey's General Stores Inc makes up approx 0.07% of Louisiana State Employees Retirement System’s portfolio.Bremer Trust National Association reduced its stake in CASY by selling 173 shares or 5.06% in the most recent quarter. The Hedge Fund company now holds 3,248 shares of CASY which is valued at $433,640. Casey's General Stores Inc makes up approx 0.12% of Bremer Trust National Association’s portfolio.Eagle Asset Management Inc reduced its stake in CASY by selling 43,821 shares or 6.1% in the most recent quarter. The Hedge Fund company now holds 674,082 shares of CASY which is valued at $89,470,904. Casey's General Stores Inc makes up approx 0.59% of Eagle Asset Management Inc’s portfolio.
Casey's General Stores Inc opened for trading at $132 and hit $134.55 on the upside on Friday, eventually ending the session at $133.54, with a gain of 1.19% or 1.57 points. The heightened volatility saw the trading volume jump to 3,47,956 shares. Company has a market cap of $5,226 M.
On the company’s financial health, Casey's General Stores Inc reported $1.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Jun 6, 2016. Analyst had a consensus of $1.22. The company had revenue of $1582.95 million for the quarter, compared to analysts expectations of $1570.74 million. The company’s revenue was down -4.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.05 EPS.
Many Wall Street Analysts have commented on Casey's General Stores Inc. Casey's General Stores Inc was Initiated by BofA/Merrill to “Buy” on Jul 25, 2016. Company shares were Upgraded by Goldman on Jun 29, 2016 to ” Buy”, Firm has raised the Price Target to $ 145 from a previous price target of $123 .
Casey’s General Stores Inc. and its wholly owned subsidiaries operate convenience stores under the name Casey’s General Store in 14 Midwestern states in Iowa Missouri and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food including freshly prepared foods such as pizza donuts and sandwiches beverages tobacco products health and beauty aids automotive products and other nonfood items. As of April 30 2015 the Company operated 1878 stores. The Company operates a central warehouse Casey’s Distribution Center in Ankeny Iowa through which it supplies grocery and general merchandise items to its stores. The Company’s subsidiary Casey’s Retail Company operates stores in Illinois Kansas Minnesota Nebraska North Dakota and South Dakota. Its subsidiary Casey’s Marketing Company owns and has responsibility for the operation of stores in Arkansas Indiana Iowa Kentucky Missouri Oklahoma Tennessee and Wisconsin.