Northwestern Mutual Investment Management Company LLC Has $886,000 Position in Caseys General Stores, Inc. (CASY)

Northwestern Mutual Investment Management Company LLC lowered its holdings in Caseys General Stores, Inc. (NASDAQ:CASY) by 0.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,737 shares of the company’s stock after selling 15 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in Caseys General Stores were worth $886,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CASY. Advisory Services Network LLC acquired a new position in shares of Caseys General Stores in the first quarter worth $115,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Caseys General Stores by 46.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,779 shares of the company’s stock valued at $191,000 after purchasing an additional 566 shares during the last quarter. Engine Capital Management LLC grew its position in shares of Caseys General Stores by 740.3% in the first quarter. Engine Capital Management LLC now owns 2,000 shares of the company’s stock valued at $225,000 after purchasing an additional 1,762 shares during the last quarter. Private Advisor Group LLC acquired a new stake in shares of Caseys General Stores in the first quarter valued at about $233,000. Finally, Neuberger Berman Group LLC grew its position in shares of Caseys General Stores by 0.9% in the second quarter. Neuberger Berman Group LLC now owns 2,474 shares of the company’s stock valued at $265,000 after purchasing an additional 23 shares during the last quarter. Institutional investors own 99.48% of the company’s stock.

In related news, SVP John C. Soupene sold 1,000 shares of the company’s stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of $106.52, for a total transaction of $106,520.00. Following the completion of the sale, the senior vice president now directly owns 1,253 shares in the company, valued at approximately $133,469.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.30% of the company’s stock.

Shares of Caseys General Stores, Inc. (NASDAQ:CASY) opened at 105.21 on Friday. Caseys General Stores, Inc. has a 12-month low of $99.76 and a 12-month high of $126.49. The firm’s 50-day moving average is $106.08 and its 200-day moving average is $109.45. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 23.48 and a beta of 0.50.

Caseys General Stores (NASDAQ:CASY) last announced its earnings results on Tuesday, September 5th. The company reported $1.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.46. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.16 billion. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. Caseys General Stores’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.70 earnings per share. Analysts predict that Caseys General Stores, Inc. will post $4.40 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be issued a $0.26 dividend. The ex-dividend date is Tuesday, October 31st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.99%. Caseys General Stores’s payout ratio is 24.53%.

COPYRIGHT VIOLATION NOTICE: “Northwestern Mutual Investment Management Company LLC Has $886,000 Position in Caseys General Stores, Inc. (CASY)” was published by BBNS and is owned by of BBNS. If you are viewing this piece on another publication, it was illegally copied and republished in violation of U.S. and international copyright laws. The original version of this piece can be viewed at https://baseballnewssource.com/markets/caseys-general-stores-inc-casy-shares-sold-by-northwestern-mutual-investment-management-company-llc/1600254.html.

CASY has been the topic of several research analyst reports. Deutsche Bank AG set a $120.00 price target on Caseys General Stores and gave the company a “buy” rating in a research report on Tuesday, June 6th. BMO Capital Markets set a $110.00 target price on shares of Caseys General Stores and gave the company a “market perform” rating in a research note on Wednesday, June 7th. Royal Bank Of Canada set a $116.00 target price on shares of Caseys General Stores and gave the company a “hold” rating in a research note on Monday, August 28th. Barclays PLC reduced their target price on shares of Caseys General Stores from $116.00 to $100.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 7th. Finally, William Blair started coverage on shares of Caseys General Stores in a research note on Wednesday, July 12th. They set an “outperform” rating for the company. One research analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $115.29.

Caseys General Stores Profile

Casey’s General Stores, Inc and its subsidiaries, operate convenience stores under the name Casey’s General Store in approximately 10 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates approximately two stores selling primarily tobacco products. The stores carry a range of food, including freshly prepared foods such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items.

Institutional Ownership by Quarter for Caseys General Stores (NASDAQ:CASY)

Receive News & Ratings for Caseys General Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caseys General Stores Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster


Leave a Reply

 
© 2006-2017 BBNS.