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.
COPYRIGHT VIOLATION WARNING: “Emerald Advisers Inc. PA Invests $344,000 in Dollar General Corporation (DG)” was posted by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright & trademark legislation. The correct version of this report can be read at https://www.com-unik.info/2017/11/06/emerald-advisers-inc-pa-invests-344000-in-dollar-general-corporation-dg.html.
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.
What are top analysts saying about Dollar General Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Dollar General Corporation and related companies.