Personal CFO Solutions LLC Sells 59 Shares of Casey’s General Stores, Inc. (NASDAQ:CASY)

Personal CFO Solutions LLC reduced its stake in Casey’s General Stores, Inc. (NASDAQ:CASY) by 6.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 880 shares of the company’s stock after selling 59 shares during the period. Personal CFO Solutions LLC’s holdings in Casey’s General Stores were worth $349,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CASY. YANKCOM Partnership acquired a new stake in Casey’s General Stores during the 4th quarter worth $34,000. Endeavor Private Wealth Inc. acquired a new stake in Casey’s General Stores during the 4th quarter worth $36,000. Venturi Wealth Management LLC raised its stake in Casey’s General Stores by 941.7% during the 3rd quarter. Venturi Wealth Management LLC now owns 125 shares of the company’s stock worth $47,000 after buying an additional 113 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in Casey’s General Stores by 24.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 149 shares of the company’s stock worth $59,000 after buying an additional 29 shares during the period. Finally, Kennebec Savings Bank acquired a new stake in Casey’s General Stores during the 3rd quarter worth $76,000. 85.63% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Katrina S. Lindsey sold 450 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $427.13, for a total transaction of $192,208.50. Following the completion of the sale, the insider now owns 2,247 shares in the company, valued at $959,761.11. The trade was a 16.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mike Spanos acquired 500 shares of Casey’s General Stores stock in a transaction dated Monday, December 23rd. The shares were purchased at an average price of $396.76 per share, with a total value of $198,380.00. Following the acquisition, the director now owns 3,097 shares of the company’s stock, valued at approximately $1,228,765.72. This trade represents a 19.25 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.56% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently commented on CASY. BMO Capital Markets reaffirmed a “market perform” rating and set a $450.00 price objective (up previously from $400.00) on shares of Casey’s General Stores in a research note on Wednesday, December 18th. Evercore ISI lifted their price target on Casey’s General Stores from $460.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Gordon Haskett raised Casey’s General Stores from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. StockNews.com downgraded Casey’s General Stores from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Royal Bank of Canada lifted their target price on Casey’s General Stores from $403.00 to $428.00 and gave the company a “sector perform” rating in a research report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Casey’s General Stores presently has a consensus rating of “Moderate Buy” and a consensus target price of $424.00.

Casey’s General Stores Trading Down 4.3 %

Casey’s General Stores stock opened at $381.68 on Tuesday. Casey’s General Stores, Inc. has a 52 week low of $290.00 and a 52 week high of $445.17. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.49 and a current ratio of 0.88. The stock has a market capitalization of $14.17 billion, a P/E ratio of 26.60, a PEG ratio of 2.40 and a beta of 0.87. The stock has a 50-day simple moving average of $410.00 and a 200 day simple moving average of $399.54.

Casey’s General Stores (NASDAQ:CASY) last posted its quarterly earnings results on Monday, December 9th. The company reported $4.85 EPS for the quarter, topping analysts’ consensus estimates of $4.29 by $0.56. Casey’s General Stores had a return on equity of 17.17% and a net margin of 3.57%. The business had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $4.03 billion. During the same quarter last year, the company posted $4.24 earnings per share. Casey’s General Stores’s quarterly revenue was down 2.9% on a year-over-year basis. Analysts expect that Casey’s General Stores, Inc. will post 13.94 earnings per share for the current year.

Casey’s General Stores Profile

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.