Bp Plc Purchases Shares of 30,000 Dollar General Corporation (DG)

Bp Plc purchased a new position in Dollar General Corporation (NYSE:DG) during the second quarter, according to its most recent disclosure with the SEC. The fund purchased 30,000 shares of the company’s stock, valued at approximately $2,163,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Alpha Windward LLC increased its position in Dollar General Corporation by 2.4% in the first quarter. Alpha Windward LLC now owns 1,844 shares of the company’s stock worth $129,000 after buying an additional 44 shares during the period. Huntington National Bank increased its position in Dollar General Corporation by 4.0% in the second quarter. Huntington National Bank now owns 1,965 shares of the company’s stock worth $142,000 after buying an additional 75 shares during the period. Harbour Capital Advisors LLC increased its position in Dollar General Corporation by 7,109.3% in the second quarter. Harbour Capital Advisors LLC now owns 10,814 shares of the company’s stock worth $150,000 after buying an additional 10,664 shares during the period. National Asset Management Inc. increased its position in Dollar General Corporation by 8.6% in the first quarter. National Asset Management Inc. now owns 3,273 shares of the company’s stock valued at $230,000 after buying an additional 258 shares during the period. Finally, Wrapmanager Inc. increased its position in Dollar General Corporation by 15.1% in the first quarter. Wrapmanager Inc. now owns 3,566 shares of the company’s stock valued at $249,000 after buying an additional 469 shares during the period. Hedge funds and other institutional investors own 88.66% of the company’s stock.

Shares of Dollar General Corporation (NYSE:DG) opened at 75.58 on Friday. The company has a market capitalization of $20.73 billion, a PE ratio of 17.09 and a beta of 0.93. Dollar General Corporation has a one year low of $65.97 and a one year high of $93.11. The stock has a 50 day moving average price of $72.51 and a 200 day moving average price of $72.61.

Dollar General Corporation (NYSE:DG) last issued its quarterly earnings results on Thursday, June 1st. The company reported $1.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.03. The firm had revenue of $5.61 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company posted $1.03 EPS. On average, equities research analysts predict that Dollar General Corporation will post $4.50 earnings per share for the current year.

The business also recently declared 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 1.38%. The ex-dividend date was Friday, July 7th. Dollar General Corporation’s dividend payout ratio is presently 23.48%.

WARNING: “Bp Plc Purchases Shares of 30,000 Dollar General Corporation (DG)” was first published by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/2802644/bp-plc-purchases-shares-of-30000-dollar-general-corporation-dg.html.

DG has been the topic of several analyst reports. Buckingham Research reiterated a “neutral” rating and set a $75.00 target price on shares of Dollar General Corporation in a research report on Tuesday, April 18th. Jefferies Group LLC reiterated a “hold” rating and set a $68.00 target price on shares of Dollar General Corporation in a research report on Wednesday, April 19th. Gordon Haskett initiated coverage on Dollar General Corporation in a research report on Tuesday, May 9th. They set a “reduce” rating and a $67.00 target price on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $88.00 target price on shares of Dollar General Corporation in a research report on Wednesday, May 17th. Finally, Zacks Investment Research upgraded Dollar General Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, May 24th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $80.89.

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.

Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Corporation (NYSE:DG).

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

Receive News & Ratings for Dollar General Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.