Caseys General Stores Incorporated (NASDAQ:CASY) on Focus After Report of Less Shorts

January 14, 2018 - By Maria Brooks

 Caseys General Stores Incorporated (NASDAQ:CASY) on Focus After Report of Less Shorts

Investors sentiment decreased to 0.78 in Q3 2017. Its down 0.34, from 1.12 in 2017Q2. It is negative, as 33 investors sold Casey's General Stores, Inc. shares while 97 reduced holdings. 29 funds opened positions while 72 raised stakes. 35.50 million shares or 4.61% less from 37.22 million shares in 2017Q2 were reported.
Mutual Of America Capital Management Limited Co has invested 0.06% in Casey's General Stores, Inc. (NASDAQ:CASY). Virginia Retirement Sys Et Al reported 0.02% stake. Profund Advisors Limited Liability Company holds 4,331 shares. Skylands Llc holds 16,000 shares. State Street Corporation reported 1.08 million shares. Bremer Tru National Association holds 3,178 shares or 0.1% of its portfolio. Amg Natl Tru Natl Bank holds 8,928 shares or 0.07% of its portfolio. Gamco Et Al reported 61,903 shares. 14,444 were reported by Oregon Employees Retirement Fund. State Of New Jersey Common Pension Fund D reported 360,000 shares. Lpl Financial Limited Liability Corp reported 0% in Casey's General Stores, Inc. (NASDAQ:CASY). Credit Agricole S A accumulated 1,185 shares or 0% of the stock. 141,229 are held by Schwab Charles Invest Management. Speece Thorson Cap Gru Inc holds 4.09% in Casey's General Stores, Inc. (NASDAQ:CASY) or 179,286 shares. Wellington Group Limited Liability Partnership accumulated 231,324 shares or 0.01% of the stock.

Since September 22, 2017, it had 0 insider purchases, and 1 sale for $108,010 activity.

The stock of Caseys General Stores Incorporated (NASDAQ:CASY) registered a decrease of 8.91% in short interest. CASY’s total short interest was 3.86M shares in January as published by FINRA. Its down 8.91% from 4.24M shares, reported previously. With 324,700 shares average volume, it will take short sellers 12 days to cover their CASY’s short positions.

The stock increased 1.67% or $2.04 during the last trading session, reaching $124.25. About 391,245 shares traded. Casey's General Stores, Inc. (NASDAQ:CASY) has risen 0.79% since January 14, 2017 and is uptrending. It has underperformed by 15.91% the S&P500.

CaseyÂ’s General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and CaseyÂ’s General Store names. The company has market cap of $4.67 billion. The companyÂ’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. It has a 30.54 P/E ratio. The Company’s stores also offer fuel for sale on a self-service basis.

Casey's General Stores, Inc. (NASDAQ:CASY) Ratings Coverage

Among 13 analysts covering Casey’s General Stores (NASDAQ:CASY), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Casey’s General Stores had 50 analyst reports since August 18, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Wednesday, June 8. On Tuesday, June 6 the stock rating was downgraded by Sidoti to “Hold”. The rating was maintained by RBC Capital Markets on Friday, September 29 with “Hold”. RBC Capital Markets maintained Casey's General Stores, Inc. (NASDAQ:CASY) on Tuesday, December 5 with “Hold” rating. RBC Capital Markets upgraded Casey's General Stores, Inc. (NASDAQ:CASY) on Wednesday, March 9 to “Outperform” rating. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, September 11. The stock has “Buy” rating by Jefferies on Tuesday, June 20. The firm has “Sector Perform” rating given on Wednesday, September 9 by RBC Capital Markets. As per Thursday, August 31, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Wednesday, June 29 by Goldman Sachs.

More notable recent Casey's General Stores, Inc. (NASDAQ:CASY) news were published by: Fool.com which released: “Why Casey’s General Stores Inc Stock Tumbled Today” on December 13, 2017, also Desmoinesregister.com with their article: “Investors urge Casey’s to sell Iowa-based convenience store chain” published on January 03, 2018, Desmoinesregister.com published: “Casey’s planning $35 million office expansion in Ankeny” on January 03, 2018. More interesting news about Casey's General Stores, Inc. (NASDAQ:CASY) were released by: Seekingalpha.com and their article: “Casey’s General Stores responds to activist investor” published on January 03, 2018 as well as Prnewswire.com‘s news article titled: “Pre-Market Technical Scan on Services Equities — KBR Inc., Jacobs Engineering …” with publication date: December 27, 2017.

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