Dollar General Corp. (NYSE:DG) was downgraded by equities researchers at Vetr from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday. They currently have a $80.38 target price on the stock. Vetr‘s price target indicates a potential upside of 1.36% from the company’s current price.

DG has been the topic of several other research reports. Johnson Rice cut Dollar General Corp. from a “buy” rating to an “accumulate” rating in a research note on Friday, August 26th. Zacks Investment Research raised Dollar General Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday. RBC Capital Markets reissued an “outperform” rating and issued a $90.00 price target (down previously from $103.00) on shares of Dollar General Corp. in a research note on Friday, August 26th. Macquarie lowered their price target on Dollar General Corp. from $98.00 to $92.00 and set an “outperform” rating for the company in a research note on Thursday, August 25th. Finally, Barclays PLC assumed coverage on Dollar General Corp. in a research note on Friday, September 23rd. They issued an “equal weight” rating and a $74.00 price target for the company. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $89.36.

Analyst Recommendations for Dollar General Corp. (NYSE:DG)

Shares of Dollar General Corp. (NYSE:DG) traded up 3.34% during midday trading on Tuesday, reaching $79.30. 4,842,501 shares of the company were exchanged. The company has a market capitalization of $22.34 billion, a PE ratio of 18.55 and a beta of 0.80. The firm’s 50 day moving average is $70.73 and its 200-day moving average is $81.97. Dollar General Corp. has a 52-week low of $64.10 and a 52-week high of $96.88.

Dollar General Corp. (NYSE:DG) last released its earnings results on Thursday, August 25th. The company reported $1.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by $0.01. Dollar General Corp. had a net margin of 5.86% and a return on equity of 22.95%. The business had revenue of $5.39 billion for the quarter, compared to analysts’ expectations of $5.50 billion. During the same period last year, the firm earned $0.95 EPS. The company’s revenue was up 5.7% compared to the same quarter last year. On average, equities analysts forecast that Dollar General Corp. will post $4.49 earnings per share for the current fiscal year.

In other Dollar General Corp. news, Director Michael M. Calbert purchased 13,000 shares of the company’s stock in a transaction dated Tuesday, August 30th. The shares were bought at an average price of $75.53 per share, with a total value of $981,890.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William C. Rhodes III purchased 5,000 shares of the company’s stock in a transaction dated Friday, August 26th. The shares were acquired at an average cost of $76.30 per share, for a total transaction of $381,500.00. The disclosure for this purchase can be found here. 0.22% of the stock is owned by company insiders.

Large investors have recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan raised its stake in Dollar General Corp. by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 8,980 shares of the company’s stock worth $629,000 after buying an additional 30 shares in the last quarter. Advisor Partners LLC raised its stake in Dollar General Corp. by 1.1% in the third quarter. Advisor Partners LLC now owns 2,974 shares of the company’s stock worth $208,000 after buying an additional 32 shares in the last quarter. Alpha Windward LLC raised its stake in Dollar General Corp. by 1.5% in the third quarter. Alpha Windward LLC now owns 2,273 shares of the company’s stock worth $159,000 after buying an additional 33 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Dollar General Corp. by 2.0% in the second quarter. Checchi Capital Advisers LLC now owns 2,219 shares of the company’s stock worth $209,000 after buying an additional 43 shares in the last quarter. Finally, Capital Analysts LLC raised its stake in Dollar General Corp. by 0.6% in the second quarter. Capital Analysts LLC now owns 7,567 shares of the company’s stock worth $711,000 after buying an additional 45 shares in the last quarter. 81.55% of the stock is currently owned by institutional investors.

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About Dollar General Corp.

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.

5 Day Chart for NYSE:DG

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