Wednesday, 18 July, 2018

What do Insider Trends Have to Say About Dollar General Corporation (DG)?

Hurricanes led to increased customer traffic at Dollar General stores Hurricanes led to increased customer traffic at Dollar General stores
Nellie Chapman | 08 December, 2017, 02:02

Psagot Investment House Ltd. raised its position in Dollar General by 10.8% during the 3rd quarter. PA bought a new stake in Dollar General in the third quarter worth $344,000. GIC Private Ltd is the second biggest holder with 24 million shares now valued at 1.78 B million whilst Vanguard Group Inc has 18 million shares valued at 1.27 B million. Aperio Ltd Liability Company reported 120,014 shares or 0.05% of all its holdings. Parkside Fin Commercial Bank And Trust owns 159 shares or 0% of their USA portfolio. Nomura Asset Management Co. Tredje AP fonden's holdings in Dollar General were worth $1,792,000 at the end of the most recent reporting period. Caisse DE Depot ET Placement DU Quebec now owns 7,888,589 shares of the company's stock valued at $642,060,000 after acquiring an additional 178,400 shares during the period. Hedge funds and other institutional investors own 89.90% of the company's stock. Rhumbline Advisers holds 0.07% in Dollar General Corporation (NYSE:DG) or 452,539 shares. (NYSE:DG) traded up $0.48 on Thursday, hitting $90.85. Finally, its 100-day average volume is 2,627,203 shares with 100% of long-term indicators pointing to Buy. The company has a current ratio of 1.42, a quick ratio of 0.18 and a debt-to-equity ratio of 0.47. Conning holds 0.02% of its portfolio in Dollar General Corporation (NYSE:DG) for 6,090 shares.

Dollar General Corporation (DG) stock price distance from twenty day simple moving average surged at 6.05% while its distance from fifty day simple moving average raised 8.65% along with 19.52% above distance from two hundred simple moving averages. The company reported $0.93 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.94 by ($0.01).

Investors has seen a return of equity of 22.30%.

Looking forward, for the quarter ending Jan-17, 24 analysts have a mean sales target of 5,962.05 million. During the same quarter a year ago, the company posted $1.03 earnings per share.

More notable recent Dollar General Corporation (NYSE:DG) news were published by: which released: "Earnings Reaction History: Dollar General Corporation, 72.7% Follow-Through ..." on December 07, 2017, also with their article: "Dollar General (DG) Earnings & Sales Beat Estimates in Q3" published on December 07, 2017, published: "How Dollar General Became Rural America's Store of Choice" on December 04, 2017.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Waddell Reed invested in 0.09% or 585,005 shares. This represents a $1.04 annualized dividend and a yield of 1.14%. Sanford C. Bernstein initiated coverage on Dollar General a report on Monday, February 6th.

Several brokerages have issued reports on DG.

WARNING: "Tredje AP fonden Has $1.79 Million Stake in Dollar General Corp". They issued a "neutral" rating on the stock. Cullen Frost Bankers holds 16,820 shares. UBS reiterated a "buy" rating and set a $99.00 target price (up previously from $85.00) on shares of Dollar General in a report on Monday. Finally, Deutsche Bank upgraded shares of Dollar General from a "hold" rating to a "buy" rating and boosted their price objective for the company from $79.00 to $93.00 in a report on Wednesday, November 15th. Dollar General Corp. presently has a consensus rating of "Hold" and an average target price of $82.68.

In other 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 value of $866,789.00. The firm owned 22,112 shares of the company's stock after selling 6,140 shares during the quarter. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. "We anticipate that 75% of the USA population will be within five miles of a Dollar General by the end of fiscal 2017".

Scharf Investments Llc increased its stake in Dollar Gen Corp New (DG) by 36.97% based on its latest 2017Q2 regulatory filing with the SEC.