Casey's General Stores Inc (CASY) : Copeland Capital Management scooped up 5,188 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 May 9, 2016. The investment management firm now holds a total of 411,199 shares of Casey's General Stores Inc which is valued at $47,760,764.Casey's General Stores Inc makes up approximately 3.37% of Copeland Capital Management’s portfolio.
Other Hedge Funds, Including , Washington Capital Management Inc added CASY to its portfolio by purchasing 3,500 company shares during the most recent quarter which is valued at $406,525. Casey's General Stores Inc makes up approx 0.29% of Washington Capital Management Inc’s portfolio.Schwab Charles Investment Management Inc boosted its stake in CASY in the latest quarter, The investment management firm added 6,013 additional shares and now holds a total of 197,466 shares of Casey's General Stores Inc which is valued at $22,021,408. Casey's General Stores Inc makes up approx 0.03% of Schwab Charles Investment Management Inc’s portfolio.Capital Fund Management S.a. boosted its stake in CASY in the latest quarter, The investment management firm added 36,725 additional shares and now holds a total of 42,939 shares of Casey's General Stores Inc which is valued at $4,788,557. Casey's General Stores Inc makes up approx 0.08% of Capital Fund Management S.a.’s portfolio. State Of New Jersey Common Pension Fund D added CASY to its portfolio by purchasing 340,000 company shares during the most recent quarter which is valued at $38,080,000. Casey's General Stores Inc makes up approx 0.17% of State Of New Jersey Common Pension Fund D’s portfolio. Bank Of Hawaii sold out all of its stake in CASY during the most recent quarter. The investment firm sold 1,745 shares of CASY which is valued $195,440.
Casey's General Stores Inc closed down -0.26 points or -0.22% at $116.15 with 3,09,135 shares getting traded on Friday. Post opening the session at $115.75, the shares hit an intraday low of $114.97 and an intraday high of $117.09 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Casey's General Stores Inc reported $0.97 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Mar 7, 2016. Analyst had a consensus of $0.95. The company had revenue of $1565.94 million for the quarter, compared to analysts expectations of $1592.61 million. The company’s revenue was down -6.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.01 EPS.
Many Wall Street Analysts have commented on Casey's General Stores Inc. Casey's General Stores Inc was Initiated by Jefferies to “Hold” on Apr 8, 2016. Company shares were Upgraded by Deutsche Bank on Mar 30, 2016 to ” Buy”, Firm has raised the Price Target to $ 130 from a previous price target of $120 .Company shares were Upgraded by RBC Capital Mkts on Mar 9, 2016 to ” Outperform”, Firm has raised the Price Target to $ 129 from a previous price target of $128 .
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.