Emerald Advisers Inc. PA Invests $344,000 in Dollar General Corporation (DG)

Emerald Advisers Inc. PA acquired a new stake in shares of Dollar General Corporation (NYSE:DG) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,250 shares of the company’s stock, valued at approximately $344,000.

Several other institutional investors also recently bought and sold shares of the company. Longview Partners Guernsey LTD raised its position in Dollar General Corporation by 41.3% in the 3rd quarter. Longview Partners Guernsey LTD now owns 11,321,660 shares of the company’s stock worth $917,621,000 after purchasing an additional 3,310,168 shares during the period. Westpac Banking Corp raised its position in Dollar General Corporation by 16.9% in the 3rd quarter. Westpac Banking Corp now owns 19,666 shares of the company’s stock worth $1,594,000 after purchasing an additional 2,849 shares during the period. Victory Capital Management Inc. raised its position in Dollar General Corporation by 19.3% in the 3rd quarter. Victory Capital Management Inc. now owns 23,490 shares of the company’s stock worth $1,904,000 after purchasing an additional 3,794 shares during the period. Crossmark Global Holdings Inc. purchased a new position in Dollar General Corporation in the 3rd quarter worth $2,257,000. Finally, Penserra Capital Management LLC purchased a new position in Dollar General Corporation in the 3rd quarter worth $251,000. Hedge funds and other institutional investors own 91.65% of the company’s stock.

In related news, EVP Robert D. Ravener sold 11,257 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $77.00, for a total transaction of $866,789.00. Following the sale, the executive vice president now owns 22,598 shares of the company’s stock, valued at $1,740,046. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.32% of the company’s stock.

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DG has been the topic of a number of analyst reports. BMO Capital Markets reiterated a “hold” rating on shares of Dollar General Corporation in a research report on Wednesday, September 27th. BidaskClub upgraded shares of Dollar General Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 25th. Zacks Investment Research cut shares of Dollar General Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. Jefferies Group LLC reissued a “hold” rating and issued a $68.00 price target on shares of Dollar General Corporation in a report on Wednesday, July 19th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $79.00 price target on shares of Dollar General Corporation in a report on Friday, September 1st. Two analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. Dollar General Corporation presently has an average rating of “Hold” and a consensus price target of $79.84.

Shares of Dollar General Corporation (NYSE DG) opened at $81.87 on Monday. Dollar General Corporation has a 52 week low of $65.97 and a 52 week high of $85.07. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.18 and a current ratio of 1.42. The company has a market cap of $22,371.71, a PE ratio of 18.15, a P/E/G ratio of 1.69 and a beta of 0.93.

Dollar General Corporation (NYSE:DG) last posted its quarterly earnings data on Thursday, August 31st. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.09 by $0.01. Dollar General Corporation had a net margin of 5.38% and a return on equity of 22.67%. The business had revenue of $5.83 billion for the quarter, compared to analyst estimates of $5.80 billion. During the same quarter in the previous year, the firm posted $1.08 earnings per share. Dollar General Corporation’s quarterly revenue was up 8.1% on a year-over-year basis. analysts expect that Dollar General Corporation will post 4.5 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 24th. Investors of record on Tuesday, October 10th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend was Friday, October 6th. Dollar General Corporation’s payout ratio is currently 23.48%.

Dollar General Corporation Company Profile

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

Institutional Ownership by Quarter for Dollar General Corporation (NYSE:DG)

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