Tyvor Capital adds Casey's General Stores Inc (CASY) to its portfolio

Casey's General Stores Inc (CASY) : Tyvor Capital added new position in Casey's General Stores Inc during the most recent quarter end. The investment management firm now holds 72,004 shares of Casey's General Stores Inc which is valued at $9,504,528 , the company said in a statement filed on Aug 15, 2016 with the SEC.Casey's General Stores Inc makes up approximately 2.48% of Tyvor Capital’s portfolio.

Other Hedge Funds, Including , D.a. Davidson reduced its stake in CASY by selling 29 shares or 3.79% in the most recent quarter. The Hedge Fund company now holds 736 shares of CASY which is valued at $97,152.State Of Wisconsin Investment Board boosted its stake in CASY in the latest quarter, The investment management firm added 30,810 additional shares and now holds a total of 196,692 shares of Casey's General Stores Inc which is valued at $25,963,344. Casey's General Stores Inc makes up approx 0.10% of State Of Wisconsin Investment Board’s portfolio.Congress Asset Management Co boosted its stake in CASY in the latest quarter, The investment management firm added 79 additional shares and now holds a total of 59,408 shares of Casey's General Stores Inc which is valued at $7,929,186. Casey's General Stores Inc makes up approx 0.18% of Congress Asset Management Co’s portfolio. Simplex Trading sold out all of its stake in CASY during the most recent quarter. The investment firm sold 1,373 shares of CASY which is valued $182,238.

Casey's General Stores Inc closed down -12.1 points or -9.08% at $121.21 with 3,257,384 shares getting traded on Wednesday. Post opening the session at $121.25, the shares hit an intraday low of $115.368 and an intraday high of $122.74 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Casey's General Stores Inc reported $1.70 EPS for the quarter, missing the analyst consensus estimate by $ -0.11 based on the information available during the earnings call on Sep 6, 2016. Analyst had a consensus of $1.81. The company had revenue of $1970.00 million for the quarter, compared to analysts expectations of $1978.28 million. The company’s revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.57 EPS.

Many Wall Street Analysts have commented on Casey's General Stores Inc. Company shares were Reiterated by RBC Capital Mkts on Sep 1, 2016 to “Outperform”, Firm has raised the Price Target to $ 145 from a previous price target of $139 .Company shares were Reiterated by Jefferies on Aug 22, 2016 to “Hold”, Firm has raised the Price Target to $ 137 from a previous price target of $113 .Company shares were Reiterated by Deutsche Bank on Aug 19, 2016 to “Buy”, Firm has raised the Price Target to $ 141 from a previous price target of $130 .

Casey’s General Stores Inc. and its wholly owned subsidiaries operate convenience stores under the name Casey’s General Store in 14 Midwestern states in Iowa Missouri and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food including freshly prepared foods such as pizza donuts and sandwiches beverages tobacco products health and beauty aids automotive products and other nonfood items. As of April 30 2015 the Company operated 1878 stores. The Company operates a central warehouse Casey’s Distribution Center in Ankeny Iowa through which it supplies grocery and general merchandise items to its stores. The Company’s subsidiary Casey’s Retail Company operates stores in Illinois Kansas Minnesota Nebraska North Dakota and South Dakota. Its subsidiary Casey’s Marketing Company owns and has responsibility for the operation of stores in Arkansas Indiana Iowa Kentucky Missouri Oklahoma Tennessee and Wisconsin.

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