Stifel Financial Corp increased its holdings in Dollar General Corp. (NYSE:DG) by 6.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,984 shares of the company’s stock after acquiring an additional 2,335 shares during the quarter. Stifel Financial Corp’s holdings in Dollar General were worth $2,926,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in DG. Longview Partners Guernsey LTD lifted its stake in Dollar General by 41.3% in the third quarter. Longview Partners Guernsey LTD now owns 11,321,660 shares of the company’s stock worth $917,621,000 after acquiring an additional 3,310,168 shares during the period. Ameriprise Financial Inc. raised its holdings in Dollar General by 115.4% in the second quarter. Ameriprise Financial Inc. now owns 3,573,530 shares of the company’s stock worth $257,611,000 after purchasing an additional 1,914,303 shares in the last quarter. Janus Henderson Group PLC raised its holdings in Dollar General by 1,959.3% in the second quarter. Janus Henderson Group PLC now owns 1,705,909 shares of the company’s stock worth $122,980,000 after purchasing an additional 1,623,070 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in Dollar General by 363.7% in the second quarter. Parametric Portfolio Associates LLC now owns 1,968,047 shares of the company’s stock worth $141,877,000 after purchasing an additional 1,543,619 shares in the last quarter. Finally, FMR LLC raised its holdings in Dollar General by 29.4% in the second quarter. FMR LLC now owns 5,915,175 shares of the company’s stock worth $426,424,000 after purchasing an additional 1,345,562 shares in the last quarter. 90.23% of the stock is owned by institutional investors.

Dollar General Corp. (DG) opened at $92.10 on Wednesday. Dollar General Corp. has a twelve month low of $65.97 and a twelve month high of $96.60. The company has a current ratio of 1.41, a quick ratio of 0.19 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $25,133.21, a price-to-earnings ratio of 20.12, a PEG ratio of 1.82 and a beta of 0.96.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, December 7th. The company reported $0.93 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.01). Dollar General had a net margin of 5.31% and a return on equity of 22.58%. The company had revenue of $5.90 billion for the quarter, compared to the consensus estimate of $5.80 billion. During the same quarter in the previous year, the business earned $0.89 earnings per share. Dollar General’s revenue was up 11.0% compared to the same quarter last year. sell-side analysts anticipate that Dollar General Corp. will post 4.48 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Monday, January 8th. This represents a $1.04 annualized dividend and a dividend yield of 1.13%. Dollar General’s dividend payout ratio (DPR) is presently 23.01%.

In related news, SVP Michael J. Kindy sold 7,536 shares of the stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $90.64, for a total transaction of $683,063.04. Following the sale, the senior vice president now directly owns 7,578 shares of the company’s stock, valued at $686,869.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Robert D. Ravener sold 11,368 shares of the stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $92.81, for a total value of $1,055,064.08. Following the sale, the executive vice president now directly owns 22,598 shares in the company, valued at $2,097,320.38. The disclosure for this sale can be found here. Company insiders own 0.32% of the company’s stock.

DG has been the subject of a number of research reports. Deutsche Bank upgraded Dollar General from a “hold” rating to a “buy” rating and increased their price objective for the stock from $79.00 to $93.00 in a report on Wednesday, November 15th. Zacks Investment Research upgraded Dollar General from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a report on Tuesday, November 14th. Goldman Sachs Group reiterated a “neutral” rating and issued a $89.00 price objective on shares of Dollar General in a report on Tuesday, November 14th. Bank of America reiterated a “buy” rating and issued a $90.00 price objective on shares of Dollar General in a report on Friday, August 25th. Finally, MKM Partners increased their price objective on Dollar General to $96.00 and gave the stock a “buy” rating in a report on Monday, November 20th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $85.54.

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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.

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

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