Philadelphia Trust Co. raised its position in Dollar General Co. (NYSE:DG) by 5.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,913 shares of the company’s stock after purchasing an additional 100 shares during the period. Philadelphia Trust Co.’s holdings in Dollar General were worth $402,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of DG. Greenleaf Trust grew its stake in Dollar General by 4.0% during the fourth quarter. Greenleaf Trust now owns 77,987 shares of the company’s stock worth $16,401,000 after purchasing an additional 3,024 shares during the period. CIBC World Markets Inc. boosted its holdings in shares of Dollar General by 7.5% during the 4th quarter. CIBC World Markets Inc. now owns 14,043 shares of the company’s stock worth $2,953,000 after buying an additional 985 shares in the last quarter. Wrapmanager Inc. grew its position in shares of Dollar General by 3.2% during the 4th quarter. Wrapmanager Inc. now owns 4,114 shares of the company’s stock worth $865,000 after buying an additional 126 shares during the period. Principal Financial Group Inc. increased its stake in shares of Dollar General by 6.3% in the 4th quarter. Principal Financial Group Inc. now owns 1,102,315 shares of the company’s stock valued at $231,817,000 after acquiring an additional 64,996 shares in the last quarter. Finally, FDx Advisors Inc. lifted its position in shares of Dollar General by 3.3% during the 4th quarter. FDx Advisors Inc. now owns 129,716 shares of the company’s stock valued at $27,279,000 after acquiring an additional 4,162 shares during the period. 90.86% of the stock is currently owned by institutional investors.
Several equities research analysts have weighed in on the stock. Wells Fargo & Company lifted their price target on shares of Dollar General from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, November 30th. Raymond James raised their target price on Dollar General from $235.00 to $250.00 and gave the company a “strong-buy” rating in a research note on Friday, December 4th. Smith Barney Citigroup upped their price target on Dollar General from $235.00 to $250.00 in a research note on Friday, December 4th. Morgan Stanley increased their price target on Dollar General from $240.00 to $245.00 and gave the stock an “overweight” rating in a report on Monday, December 7th. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price objective on Dollar General from $235.00 to $250.00 in a report on Friday, December 4th. Two equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $228.75.
DG stock opened at $198.77 on Tuesday. The stock has a market cap of $48.70 billion, a P/E ratio of 19.70, a P/E/G ratio of 1.50 and a beta of 0.52. The company has a current ratio of 1.28, a quick ratio of 0.43 and a debt-to-equity ratio of 0.59. The stock’s fifty day simple moving average is $204.45 and its two-hundred day simple moving average is $207.66. Dollar General Co. has a 1-year low of $125.00 and a 1-year high of $225.25.
Dollar General (NYSE:DG) last released its earnings results on Wednesday, December 2nd. The company reported $2.31 EPS for the quarter, topping the Zacks’ consensus estimate of $1.99 by $0.32. The company had revenue of $8.20 billion for the quarter, compared to analysts’ expectations of $8.13 billion. Dollar General had a return on equity of 36.07% and a net margin of 7.84%. The business’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.42 EPS. As a group, analysts forecast that Dollar General Co. will post 10.65 earnings per share for the current fiscal year.
Dollar General Profile
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry products; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.
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