Dollar General Corp. (DG) Stake Raised by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can lifted its holdings in shares of Dollar General Corp. (NYSE:DG) by 1.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 197,716 shares of the company’s stock after purchasing an additional 3,290 shares during the period. Great West Life Assurance Co. Can owned about 0.07% of Dollar General worth $15,803,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sun Life Financial INC raised its stake in shares of Dollar General by 18,170.0% during the 2nd quarter. Sun Life Financial INC now owns 1,827 shares of the company’s stock worth $132,000 after purchasing an additional 1,817 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Dollar General by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock worth $146,000 after purchasing an additional 48 shares during the period. Harbour Capital Advisors LLC raised its stake in shares of Dollar General by 7,109.3% during the 2nd quarter. Harbour Capital Advisors LLC now owns 10,814 shares of the company’s stock worth $150,000 after purchasing an additional 10,664 shares during the period. Welch Group LLC raised its stake in shares of Dollar General by 27.1% during the 2nd quarter. Welch Group LLC now owns 2,267 shares of the company’s stock worth $163,000 after purchasing an additional 483 shares during the period. Finally, Meeder Asset Management Inc. raised its stake in shares of Dollar General by 22,950.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 2,305 shares of the company’s stock worth $187,000 after purchasing an additional 2,295 shares during the period. Institutional investors own 89.91% of the company’s stock.

Dollar General Corp. (DG) opened at $87.98 on Friday. The company has a current ratio of 1.42, a quick ratio of 0.18 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $24,041.33, a PE ratio of 19.51, a price-to-earnings-growth ratio of 1.73 and a beta of 0.95. Dollar General Corp. has a twelve month low of $65.97 and a twelve month high of $89.80.

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

A number of equities research analysts recently issued reports on DG shares. Zacks Investment Research upgraded Dollar General from a “hold” rating to a “buy” rating and set a $87.00 price objective on the stock in a research note on Monday, August 28th. BidaskClub upgraded Dollar General from a “hold” rating to a “buy” rating in a research note on Friday, August 25th. Bank of America restated a “buy” rating and issued a $90.00 price objective on shares of Dollar General in a research note on Friday, August 25th. Citigroup boosted their price objective on Dollar General from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, September 13th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $85.00 price objective on shares of Dollar General in a research note on Friday, September 29th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $82.26.

In other Dollar General news, EVP Robert D. Ravener sold 11,257 shares of Dollar General stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $77.00, for a total transaction of $866,789.00. Following the completion of the transaction, the executive vice president now owns 22,598 shares of the company’s stock, valued at approximately $1,740,046. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.22% of the stock is owned by insiders.

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Dollar General 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 (NYSE:DG)

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