Hantz Financial Services Inc. Has $10.20 Million Stock Holdings in Casey’s General Stores, Inc. $CASY

Hantz Financial Services Inc. decreased its holdings in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) by 33.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,048 shares of the company’s stock after selling 8,920 shares during the period. Hantz Financial Services Inc.’s holdings in Casey’s General Stores were worth $10,203,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Steph & Co. boosted its stake in Casey’s General Stores by 2.2% in the 3rd quarter. Steph & Co. now owns 819 shares of the company’s stock valued at $463,000 after buying an additional 18 shares in the last quarter. LifeWealth Investments LLC raised its stake in Casey’s General Stores by 2.1% during the third quarter. LifeWealth Investments LLC now owns 858 shares of the company’s stock worth $485,000 after acquiring an additional 18 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of Casey’s General Stores by 2.8% during the third quarter. AdvisorNet Financial Inc now owns 724 shares of the company’s stock valued at $409,000 after acquiring an additional 20 shares during the period. Valmark Advisers Inc. boosted its stake in shares of Casey’s General Stores by 0.5% in the 2nd quarter. Valmark Advisers Inc. now owns 4,404 shares of the company’s stock valued at $2,247,000 after purchasing an additional 21 shares in the last quarter. Finally, Panagora Asset Management Inc. boosted its stake in shares of Casey’s General Stores by 0.5% in the 2nd quarter. Panagora Asset Management Inc. now owns 4,147 shares of the company’s stock valued at $2,116,000 after purchasing an additional 21 shares in the last quarter. 85.63% of the stock is currently owned by institutional investors.

Insider Transactions at Casey’s General Stores

In other Casey’s General Stores news, Director Moats Maria Castanon bought 300 shares of Casey’s General Stores stock in a transaction dated Monday, January 5th. The shares were bought at an average price of $554.66 per share, with a total value of $166,398.00. Following the purchase, the director owned 803 shares of the company’s stock, valued at $445,391.98. This trade represents a 59.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CASY. The Goldman Sachs Group reiterated a “neutral” rating and set a $530.00 target price on shares of Casey’s General Stores in a research report on Wednesday, December 10th. KeyCorp set a $680.00 price objective on shares of Casey’s General Stores in a report on Monday, January 26th. UBS Group reiterated a “neutral” rating on shares of Casey’s General Stores in a research note on Thursday, December 11th. Wells Fargo & Company increased their price target on Casey’s General Stores from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Finally, Northcoast Research downgraded Casey’s General Stores from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $624.09.

Casey’s General Stores Stock Performance

CASY stock opened at $641.37 on Wednesday. The stock has a market capitalization of $23.78 billion, a PE ratio of 39.44, a price-to-earnings-growth ratio of 2.21 and a beta of 0.68. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.05 and a quick ratio of 0.65. The company has a 50 day moving average price of $582.82 and a 200 day moving average price of $550.61. Casey’s General Stores, Inc. has a fifty-two week low of $372.08 and a fifty-two week high of $647.99.

Casey’s General Stores (NASDAQ:CASY) last released its earnings results on Tuesday, December 9th. The company reported $5.53 EPS for the quarter, beating the consensus estimate of $4.92 by $0.61. Casey’s General Stores had a return on equity of 16.89% and a net margin of 3.58%.The company had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.51 billion. During the same period last year, the firm earned $4.85 EPS. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. Analysts forecast that Casey’s General Stores, Inc. will post 13.94 EPS for the current year.

Casey’s General Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Sunday, February 1st will be given a dividend of $0.57 per share. The ex-dividend date is Friday, January 30th. This represents a $2.28 dividend on an annualized basis and a yield of 0.4%. Casey’s General Stores’s dividend payout ratio is presently 14.02%.

About Casey’s General Stores

Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.

The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.