Caseys General Stores Incorporated (NASDAQ:CASY) Could Improve Your Long Portfolio After Less Shorts Reported

September 17, 2017 - By Winifred Garcia

 Caseys General Stores Incorporated (NASDAQ:CASY) Could Improve Your Long Portfolio After Less Shorts Reported

Investors sentiment increased to 0.95 in Q4 2016. Its up 0.14, from 0.81 in 2016Q3. It increased, as 48 investors sold Casey’s General Stores Inc shares while 109 reduced holdings. 44 funds opened positions while 105 raised stakes. 33.28 million shares or 1.01% more from 32.94 million shares in 2016Q3 were reported.
65,724 were reported by Reilly Advsrs Llc. Calamos Advsrs Ltd Liability Com has invested 0.03% in Casey’s General Stores Inc (NASDAQ:CASY). Arizona State Retirement Systems holds 0.03% of its portfolio in Casey’s General Stores Inc (NASDAQ:CASY) for 17,523 shares. Alpine Woods Investors Limited Com invested in 0.02% or 2,969 shares. Bb&T Corp holds 13,698 shares. 11,723 are owned by Cornerstone Mgmt Hldgs Ltd. Cortina Asset has 167,885 shares. Moreover, Laurion Capital L P has 0.04% invested in Casey’s General Stores Inc (NASDAQ:CASY) for 31,400 shares. Metropolitan Life Company New York invested 0.03% in Casey’s General Stores Inc (NASDAQ:CASY). Blackrock Grp Incorporated has 29,329 shares for 0% of their portfolio. 972,363 are owned by Chilton Company Lc. Duncker Streett Inc holds 0.01% in Casey’s General Stores Inc (NASDAQ:CASY) or 200 shares. Tru Invest holds 0.52% or 3,850 shares in its portfolio. Airain holds 14,942 shares. Aberdeen Asset Mgmt Pcl Uk reported 369,751 shares.

Since June 14, 2017, it had 0 insider buys, and 1 insider sale for $65,076 activity.

The stock of Caseys General Stores Incorporated (NASDAQ:CASY) registered a decrease of 1.54% in short interest. CASY’s total short interest was 5.03M shares in September as published by FINRA. Its down 1.54% from 5.11 million shares, reported previously. With 350,000 shares average volume, it will take short sellers 14 days to cover their CASY’s short positions.

The stock increased 1.42% or $1.49 on September 15, reaching $106.75. About 652,688 shares traded or 44.10% up from the average. Casey’s General Stores Inc (NASDAQ:CASY) has risen 0.79% since September 17, 2016 and is uptrending. It has underperformed by 15.91% the S&P500.

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 has market cap of $4.05 billion. The Firm also operates approximately two stores selling primarily tobacco products. It has a 25.16 P/E ratio. 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.

Casey’s General Stores Inc (NASDAQ:CASY) Ratings Coverage

Among 10 analysts covering Casey’s General Stores (NASDAQ:CASY), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Casey’s General Stores had 42 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, September 1 by RBC Capital Markets. The firm has “Sector Perform” rating given on Tuesday, November 17 by RBC Capital Markets. The rating was maintained by Jefferies with “Buy” on Friday, August 25. As per Monday, August 28, the company rating was maintained by RBC Capital Markets. The company was downgraded on Tuesday, June 6 by Sidoti. The rating was maintained by RBC Capital Markets on Monday, May 29 with “Hold”. The firm has “Hold” rating given on Wednesday, December 9 by Deutsche Bank. RBC Capital Markets maintained it with “Sector Perform” rating and $125 target in Tuesday, December 8 report. The rating was maintained by Jefferies on Thursday, August 31 with “Buy”. The company was downgraded on Tuesday, March 7 by RBC Capital Markets.

More important recent Casey’s General Stores Inc (NASDAQ:CASY) news were published by: Seekingalpha.com which released: “Casey’s: Overreaction On Earnings Miss Creates Great-Long Term Opportunity” on June 07, 2017, also Fool.com published article titled: “Casey’s General: The raw numbers”, Nasdaq.com published: “Casey’s General Stores Inc. Q1 Earnings Fall 16%” on September 05, 2017. More interesting news about Casey’s General Stores Inc (NASDAQ:CASY) was released by: Marketwatch.com and their article: “Casey’s General Stores shares fall on earnings miss” with publication date: March 06, 2017.

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