Epoch Investment Partners Inc. Has $44.35 Million Holdings in Casey’s General Stores Inc (CASY)

Epoch Investment Partners Inc. raised its position in shares of Casey’s General Stores Inc (NASDAQ:CASY) by 43.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 343,467 shares of the company’s stock after buying an additional 104,153 shares during the quarter. Epoch Investment Partners Inc. owned 0.94% of Casey’s General Stores worth $44,345,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Northwest Wealth Management LLC lifted its position in shares of Casey’s General Stores by 43.5% in the third quarter. Northwest Wealth Management LLC now owns 1,650 shares of the company’s stock worth $213,000 after purchasing an additional 500 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Casey’s General Stores by 3.3% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 17,223 shares of the company’s stock worth $2,224,000 after purchasing an additional 558 shares in the last quarter. Advisors Capital Management LLC lifted its position in shares of Casey’s General Stores by 3.0% in the third quarter. Advisors Capital Management LLC now owns 21,009 shares of the company’s stock worth $2,712,000 after purchasing an additional 612 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Casey’s General Stores by 2.5% in the second quarter. Arizona State Retirement System now owns 26,060 shares of the company’s stock worth $2,738,000 after purchasing an additional 637 shares in the last quarter. Finally, Macquarie Group Ltd. lifted its position in shares of Casey’s General Stores by 0.6% in the second quarter. Macquarie Group Ltd. now owns 121,063 shares of the company’s stock worth $12,721,000 after purchasing an additional 664 shares in the last quarter. 91.03% of the stock is owned by institutional investors.

In other Casey’s General Stores news, SVP Brian Joseph Johnson sold 1,500 shares of the stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $127.43, for a total transaction of $191,145.00. Following the transaction, the senior vice president now owns 10,471 shares in the company, valued at $1,334,319.53. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.72% of the company’s stock.

NASDAQ:CASY opened at $126.01 on Friday. Casey’s General Stores Inc has a 52 week low of $90.42 and a 52 week high of $133.07. The company has a market capitalization of $4.63 billion, a P/E ratio of 33.07, a PEG ratio of 3.19 and a beta of 0.51. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.27 and a current ratio of 0.77.

Casey’s General Stores (NASDAQ:CASY) last released its quarterly earnings data on Monday, September 10th. The company reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.23. Casey’s General Stores had a return on equity of 12.38% and a net margin of 3.73%. The firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter in the prior year, the company posted $1.46 earnings per share. The firm’s revenue was up 23.6% on a year-over-year basis. On average, sell-side analysts anticipate that Casey’s General Stores Inc will post 4.67 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Thursday, November 1st were issued a $0.29 dividend. The ex-dividend date was Wednesday, October 31st. This represents a $1.16 dividend on an annualized basis and a yield of 0.92%. Casey’s General Stores’s dividend payout ratio is currently 30.45%.

CASY has been the subject of a number of research analyst reports. BidaskClub lowered shares of Casey’s General Stores from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 28th. Wells Fargo & Co increased their price objective on Casey’s General Stores from $97.00 to $120.00 and gave the stock a “market perform” rating in a report on Wednesday, September 12th. Deutsche Bank increased their price objective on Casey’s General Stores to $142.00 and gave the stock a “buy” rating in a report on Wednesday, September 12th. Sidoti increased their price objective on Casey’s General Stores from $115.00 to $130.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Jefferies Financial Group increased their price objective on Casey’s General Stores from $134.00 to $142.00 and gave the stock a “buy” rating in a report on Wednesday, September 12th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $133.60.

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Casey’s General Stores Company Profile

Casey's General Stores, Inc, together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. The company's stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverage and tobacco products; health and beauty aids; automotive products; school supplies, housewares, and pet supplies; and other nonfood items.

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Institutional Ownership by Quarter for Casey`s General Stores (NASDAQ:CASY)

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