2,201 Shares in Dollar General Corp. (NYSE:DG) Bought by Sontag Advisory LLC

Sontag Advisory LLC bought a new position in Dollar General Corp. (NYSE:DG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,201 shares of the company’s stock, valued at approximately $297,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of DG. FMR LLC increased its position in Dollar General by 21.3% during the 1st quarter. FMR LLC now owns 8,825,495 shares of the company’s stock valued at $1,052,882,000 after purchasing an additional 1,550,529 shares during the period. Thoroughbred Financial Services LLC increased its position in Dollar General by 19,589.1% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 1,085,064 shares of the company’s stock valued at $108,506,000 after purchasing an additional 1,079,553 shares during the period. Renaissance Technologies LLC increased its position in Dollar General by 8,563.7% during the 2nd quarter. Renaissance Technologies LLC now owns 788,400 shares of the company’s stock valued at $106,560,000 after purchasing an additional 779,300 shares during the period. BlackRock Inc. increased its position in Dollar General by 3.2% during the 1st quarter. BlackRock Inc. now owns 22,910,261 shares of the company’s stock valued at $2,733,192,000 after purchasing an additional 703,219 shares during the period. Finally, APG Asset Management N.V. increased its position in Dollar General by 22.9% during the 2nd quarter. APG Asset Management N.V. now owns 2,182,391 shares of the company’s stock valued at $259,020,000 after purchasing an additional 406,500 shares during the period. 92.75% of the stock is currently owned by institutional investors.

Dollar General stock traded up $1.09 during mid-day trading on Thursday, reaching $157.10. The stock had a trading volume of 1,740,726 shares, compared to its average volume of 1,956,964. The company has a market capitalization of $40.38 billion, a price-to-earnings ratio of 26.31, a PEG ratio of 2.22 and a beta of 0.55. The company has a 50-day moving average price of $142.40 and a two-hundred day moving average price of $130.52. Dollar General Corp. has a one year low of $98.08 and a one year high of $162.34. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.14 and a quick ratio of 0.12.



Dollar General (NYSE:DG) last posted its earnings results on Thursday, August 29th. The company reported $1.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.58 by $0.16. The business had revenue of $6.98 billion for the quarter, compared to analysts’ expectations of $6.89 billion. Dollar General had a net margin of 6.11% and a return on equity of 25.34%. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.52 EPS. On average, equities research analysts anticipate that Dollar General Corp. will post 6.53 earnings per share for the current fiscal year.

The business also recently announced a — dividend, which will be paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th will be paid a dividend of $0.32 per share. This represents a yield of 0.8%. The ex-dividend date of this dividend is Monday, October 7th. Dollar General’s dividend payout ratio is currently 21.44%.

A number of research analysts have issued reports on the stock. Telsey Advisory Group boosted their price objective on shares of Dollar General from $145.00 to $168.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Raymond James set a $180.00 price objective on shares of Dollar General and gave the company a “buy” rating in a research report on Friday, August 30th. JPMorgan Chase & Co. boosted their price objective on shares of Dollar General from $153.00 to $173.00 and gave the company an “overweight” rating in a research report on Thursday, September 5th. BMO Capital Markets boosted their price objective on shares of Dollar General from $140.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. They noted that the move was a valuation call. Finally, Buckingham Research boosted their price objective on shares of Dollar General from $152.00 to $178.00 and gave the company a “buy” rating in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twenty have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $158.32.

Dollar General Company 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 and other home cleaning supplies; 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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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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