Sheaff Brock Investment Advisors LLC lessened its stake in Dollar General Corp. (NYSE:DG) by 8.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,739 shares of the company’s stock after selling 598 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Dollar General were worth $546,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in DG. Acadian Asset Management LLC acquired a new position in shares of Dollar General during the 2nd quarter worth approximately $278,000. Harbour Capital Advisors LLC raised its stake in Dollar General by 7,109.3% in the 2nd quarter. Harbour Capital Advisors LLC now owns 10,814 shares of the company’s stock valued at $150,000 after purchasing an additional 10,664 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Dollar General by 279.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 19,673 shares of the company’s stock valued at $1,418,000 after purchasing an additional 14,493 shares during the last quarter. Rothschild Asset Management Inc. raised its stake in Dollar General by 1.2% in the 2nd quarter. Rothschild Asset Management Inc. now owns 9,483 shares of the company’s stock valued at $684,000 after purchasing an additional 111 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in Dollar General by 7.9% in the 2nd quarter. IFP Advisors Inc now owns 4,139 shares of the company’s stock valued at $298,000 after purchasing an additional 303 shares during the last quarter. Institutional investors and hedge funds own 89.90% of the company’s stock.

In other news, EVP Robert D. Ravener sold 11,257 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $77.00, for a total transaction of $866,789.00. Following the completion of the transaction, the executive vice president now directly owns 22,598 shares in the company, valued at approximately $1,740,046. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.32% of the company’s stock.

Several research analysts recently commented on the company. Jefferies Group increased their price objective on Dollar General from $68.00 to $73.00 and gave the company a “hold” rating in a research note on Friday, September 1st. Bank of America reissued a “buy” rating and issued a $90.00 price objective on shares of Dollar General in a research note on Friday, August 25th. Raymond James Financial reissued a “buy” rating on shares of Dollar General in a research note on Sunday. BMO Capital Markets set a $85.00 price objective on Dollar General and gave the company a “hold” rating in a research note on Tuesday, August 22nd. Finally, KeyCorp reissued a “hold” rating on shares of Dollar General in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have assigned a buy rating to the company. Dollar General presently has a consensus rating of “Hold” and a consensus target price of $82.93.

Dollar General Corp. (DG) traded down $0.40 during midday trading on Wednesday, hitting $90.37. The stock had a trading volume of 2,650,300 shares, compared to its average volume of 2,841,437. The stock has a market cap of $24,803.72, a PE ratio of 20.13, a PEG ratio of 1.79 and a beta of 0.96. The company has a current ratio of 1.42, a quick ratio of 0.18 and a debt-to-equity ratio of 0.47. Dollar General Corp. has a fifty-two week low of $65.97 and a fifty-two week high of $92.11.

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

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