Zeke Capital Advisors LLC Purchases 827 Shares of Dollar General Corp. (DG)
Zeke Capital Advisors LLC raised its position in shares of Dollar General Corp. (NYSE:DG) by 25.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,131 shares of the company’s stock after buying an additional 827 shares during the quarter. Zeke Capital Advisors LLC’s holdings in Dollar General were worth $335,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. Amalgamated Bank lifted its position in Dollar General by 2.5% during the third quarter. Amalgamated Bank now owns 31,982 shares of the company’s stock valued at $2,592,000 after buying an additional 795 shares during the period. Hartland & Co. LLC purchased a new position in Dollar General during the third quarter valued at $214,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Dollar General by 13.0% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 21,187 shares of the company’s stock valued at $1,717,000 after buying an additional 2,444 shares during the period. Achmea Investment Management B.V. lifted its position in Dollar General by 23.2% during the third quarter. Achmea Investment Management B.V. now owns 31,244 shares of the company’s stock valued at $2,529,000 after buying an additional 5,883 shares during the period. Finally, Virginia Retirement Systems ET AL purchased a new position in Dollar General during the third quarter valued at $4,952,000. 89.91% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have commented on DG shares. Zacks Investment Research raised Dollar General from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a research report on Monday, August 28th. Deutsche Bank reissued a “hold” rating and set a $79.00 price objective on shares of Dollar General in a research report on Friday, September 1st. Citigroup raised their price objective on Dollar General from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, September 13th. Royal Bank Of Canada reissued a “buy” rating and set a $85.00 price objective on shares of Dollar General in a research report on Tuesday, October 10th. Finally, BidaskClub raised Dollar General from a “hold” rating to a “buy” rating in a research report on Friday, August 25th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Dollar General has a consensus rating of “Hold” and an average price target of $82.07.
Shares of Dollar General Corp. (DG) opened at $87.98 on Friday. Dollar General Corp. has a twelve month low of $65.97 and a twelve month high of $89.80. The company has a market capitalization of $24,068.65, a PE ratio of 19.53, a P/E/G ratio of 1.74 and a beta of 0.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.42 and a quick ratio of 0.18.
Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, August 31st. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.09 by $0.01. The company had revenue of $5.83 billion during the quarter, compared to the consensus estimate of $5.80 billion. Dollar General had a return on equity of 22.67% and a net margin of 5.38%. Dollar General’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the company earned $1.08 EPS. analysts predict that Dollar General Corp. will post 4.5 earnings per share for the current fiscal year.
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Dollar General 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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