Dollar General Corporation (NYSE:DG) was the recipient of unusually large options trading activity on Wednesday. Investors bought 10,679 call options on the stock. This represents an increase of 692% compared to the typical daily volume of 1,348 call options.

Shares of Dollar General Corporation (NYSE:DG) opened at 77.67 on Friday. The company has a market cap of $21.30 billion, a PE ratio of 17.56 and a beta of 0.93. Dollar General Corporation has a 12 month low of $65.97 and a 12 month high of $80.67. The stock has a 50 day moving average of $73.82 and a 200-day moving average of $72.86.

Dollar General Corporation (NYSE:DG) last posted its quarterly earnings data on Thursday, June 1st. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.03. The company had revenue of $5.61 billion during the quarter, compared to analysts’ expectations of $5.59 billion. Dollar General Corporation had a return on equity of 23.07% and a net margin of 5.53%. 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 prior year, the business earned $1.03 earnings per share. Equities analysts forecast that Dollar General Corporation will post $4.50 earnings per share for the current year.

A number of hedge funds have recently modified their holdings of DG. Korea Investment CORP boosted its stake in shares of Dollar General Corporation by 33.7% in the first quarter. Korea Investment CORP now owns 127,581 shares of the company’s stock worth $8,896,000 after buying an additional 32,148 shares during the last quarter. Toronto Dominion Bank boosted its stake in shares of Dollar General Corporation by 47.8% in the first quarter. Toronto Dominion Bank now owns 76,962 shares of the company’s stock worth $5,368,000 after buying an additional 24,874 shares during the last quarter. First Mercantile Trust Co. boosted its stake in shares of Dollar General Corporation by 4.6% in the first quarter. First Mercantile Trust Co. now owns 20,620 shares of the company’s stock worth $1,438,000 after buying an additional 903 shares during the last quarter. Venturi Wealth Management LLC bought a new stake in shares of Dollar General Corporation during the first quarter worth approximately $290,000. Finally, Condor Capital Management boosted its stake in shares of Dollar General Corporation by 1.1% in the first quarter. Condor Capital Management now owns 14,166 shares of the company’s stock worth $988,000 after buying an additional 161 shares during the last quarter. Institutional investors and hedge funds own 88.99% of the company’s stock.

Several analysts have commented on DG shares. BidaskClub upgraded shares of Dollar General Corporation from a “hold” rating to a “buy” rating in a report on Friday. Deutsche Bank AG reiterated a “hold” rating and issued a $79.00 price objective (up from $78.00) on shares of Dollar General Corporation in a report on Saturday, June 3rd. Jefferies Group LLC reiterated a “hold” rating and issued a $68.00 price objective on shares of Dollar General Corporation in a report on Wednesday, July 19th. Royal Bank Of Canada lifted their price objective on shares of Dollar General Corporation from $81.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, June 2nd. Finally, Loop Capital reiterated a “hold” rating and issued a $76.00 price objective on shares of Dollar General Corporation in a report on Thursday. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Dollar General Corporation has an average rating of “Hold” and a consensus price target of $81.27.

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About Dollar General Corporation

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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