Denver Investment Advisors LLC boosted its position in Dollar General Corporation (NYSE:DG) by 41.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,895 shares of the company’s stock after buying an additional 7,325 shares during the period. Denver Investment Advisors LLC’s holdings in Dollar General Corporation were worth $1,795,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Wrapmanager Inc. raised its stake in Dollar General Corporation by 9.3% in the second quarter. Wrapmanager Inc. now owns 3,897 shares of the company’s stock worth $281,000 after buying an additional 331 shares during the period. Rational Advisors LLC bought a new stake in Dollar General Corporation during the second quarter worth $1,514,000. Sigma Planning Corp bought a new stake in Dollar General Corporation during the second quarter worth $202,000. DekaBank Deutsche Girozentrale raised its stake in Dollar General Corporation by 6.0% in the second quarter. DekaBank Deutsche Girozentrale now owns 35,476 shares of the company’s stock worth $2,615,000 after buying an additional 2,018 shares during the period. Finally, Mondrian Investment Partners LTD bought a new stake in Dollar General Corporation during the second quarter worth $44,752,000. Hedge funds and other institutional investors own 88.99% of the company’s stock.

Dollar General Corporation (NYSE DG) opened at 74.27 on Friday. The firm’s 50 day moving average price is $73.11 and its 200-day moving average price is $72.74. The stock has a market cap of $20.37 billion, a P/E ratio of 16.79 and a beta of 0.93. Dollar General Corporation has a 12-month low of $65.97 and a 12-month high of $92.01.

Dollar General Corporation (NYSE:DG) last issued its quarterly earnings data on Thursday, June 1st. The company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.03. The company had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.59 billion. Dollar General Corporation had a net margin of 5.53% and a return on equity of 23.07%. Dollar General Corporation’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 earnings per share. Equities research analysts anticipate that Dollar General Corporation will post $4.50 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 25th. Investors of record on Tuesday, July 11th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend was Friday, July 7th. Dollar General Corporation’s dividend payout ratio (DPR) is 23.48%.

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A number of equities research analysts have recently weighed in on DG shares. Deutsche Bank AG reissued a “hold” rating and issued a $79.00 target price (up previously from $78.00) on shares of Dollar General Corporation in a research note on Saturday, June 3rd. Jefferies Group LLC reissued a “hold” rating and issued a $68.00 target price on shares of Dollar General Corporation in a research note on Wednesday, July 19th. Royal Bank Of Canada boosted their target price on Dollar General Corporation from $81.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, June 2nd. Zacks Investment Research raised Dollar General Corporation from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a research note on Friday, June 9th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $88.00 target price on shares of Dollar General Corporation in a research note on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eleven have assigned a buy rating to the stock. Dollar General Corporation currently has an average rating of “Hold” and an average target price of $80.89.

Dollar General Corporation Company Profile

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.

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Institutional Ownership by Quarter for Dollar General Corporation (NYSE:DG)

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