Timucuan Asset Fl invested in 1.51M shares or 10.24% of the stock. Parsec Financial Management Inc. lifted its holdings in shares of Dollar General by 11.9% during the 3rd quarter. After $0.30 actual EPS reported by WhiteHorse Finance, Inc. for the previous quarter, Wall Street now forecasts 10.00% EPS growth. Dollar General did not say how many new jobs the openings could create. Scharf Investments Llc bought 741,049 shares as the company's stock declined 7.36% while stock markets rallied. 71 funds opened positions while 178 raised stakes. Parametric Portfolio Associates LLC now owns 1,968,047 shares of the company's stock worth $141,877,000 after buying an additional 1,543,619 shares during the period. Following the completion of the transaction, the executive vice president now directly owns 22,598 shares of the company's stock, valued at $1,740,046. Insiders own 0.22% of the company's stock.
A number of research firms have issued reports on DG. It is positive, as 62 investors sold Dollar General Corporation shares while 193 reduced holdings. Atlantic Securities downgraded the shares of DG in report on Wednesday, August 31 to "Neutral" rating. Bank of America restated a "buy" rating and issued a $90.00 price objective on shares of Dollar General in a report on Friday, August 25th. The stock of Dollar General Corporation (NYSE:DG) has "Equal-Weight" rating given on Friday, March 11 by Barclays Capital. 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. If the $97.90 price target is reached, the company will be worth $1.27 billion more.
Shares of Dollar General Corp. 3,743,000 shares of the company's stock traded hands, compared to its average volume of 2,845,262. The stock has a market capitalization of $24,803.72, a PE ratio of 20.13, a P/E/G ratio of 1.79 and a beta of 0.96. Dollar General has a 52-week low of $65.97 and a 52-week high of $92.11. Macquarie Research maintained Dollar General Corporation (NYSE:DG) on Friday, August 26 with "Outperform" rating. The company reported $1.03 EPS for the quarter, topping the consensus estimate of $1.00 by $0.03. "Lower shipments in our firearms business reflected a significant reduction in wholesaler and retailer orders versus the prior year", CEO James Debney said in prepared comments, noting strong firearm sales in the same quarter a year ago were "driven by personal safety concerns and pre-election fears of increased firearm legislation".
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Dollar General Corp. had a net margin of 5.70% and a return on equity of 22.79%. The company announced fiscal second-quarter profit of $3.2 million, or 6 cents a share, on sales of $148.4 million, down more than a third from last year's $233.5 million. The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 25th. Stockholders of record on Tuesday, January 9th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.14%. "The move has also helped Dollar General increase average transaction values". L L C boosted its stake in Dollar General by 319.8% in the 2nd quarter.
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Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. This same-store sales increase was attributable to positive results in the consumables, seasonal and apparel categories, partially offset by negative results in the home products category. The firm offers consumable products, including paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables consisting of milk, eggs, bread, refrigerated and frozen food, beer, and wine; snacks that comprise sweets, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, as well as soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which include pet supplies and pet food; and tobacco products.