Dollar General Corp. (NYSE:DG) Stake Reduced by Intrepid Capital Management Inc.

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Intrepid Capital Management Inc. cut its holdings in Dollar General Corp. (NYSE:DG) by 23.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,733 shares of the company’s stock after selling 4,166 shares during the quarter. Intrepid Capital Management Inc.’s holdings in Dollar General were worth $1,856,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of DG. FMR LLC raised its position in Dollar General by 21.3% in the first quarter. FMR LLC now owns 8,825,495 shares of the company’s stock worth $1,052,882,000 after acquiring an additional 1,550,529 shares in the last quarter. Thoroughbred Financial Services LLC raised its holdings in Dollar General by 19,589.1% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 1,085,064 shares of the company’s stock worth $108,506,000 after buying an additional 1,079,553 shares during the period. Renaissance Technologies LLC raised its holdings in Dollar General by 8,563.7% during the 2nd quarter. Renaissance Technologies LLC now owns 788,400 shares of the company’s stock worth $106,560,000 after buying an additional 779,300 shares during the period. BlackRock Inc. raised its holdings in Dollar General by 3.2% during the 1st quarter. BlackRock Inc. now owns 22,910,261 shares of the company’s stock worth $2,733,192,000 after buying an additional 703,219 shares during the period. Finally, APG Asset Management N.V. raised its holdings in Dollar General by 22.9% during the 2nd quarter. APG Asset Management N.V. now owns 2,182,391 shares of the company’s stock worth $259,020,000 after buying an additional 406,500 shares during the period. Hedge funds and other institutional investors own 92.75% of the company’s stock.

Several analysts have issued reports on DG shares. Royal Bank of Canada boosted their price objective on Dollar General from $133.00 to $139.00 and gave the stock an “outperform” rating in a report on Friday, May 31st. KeyCorp set a $180.00 price objective on Dollar General and gave the stock a “buy” rating in a report on Friday, August 30th. Morgan Stanley boosted their price objective on Dollar General from $142.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, August 30th. Piper Jaffray Companies boosted their price objective on Dollar General from $137.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, August 30th. Finally, UBS Group set a $175.00 price objective on Dollar General and gave the stock a “buy” rating in a report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have issued a buy rating to the company. Dollar General has a consensus rating of “Buy” and a consensus target price of $158.32.

Shares of NYSE DG opened at $156.97 on Friday. The stock has a market cap of $40.39 billion, a price-to-earnings ratio of 26.29, a PEG ratio of 2.16 and a beta of 0.55. The business has a 50 day simple moving average of $142.40 and a 200 day simple moving average of $130.52. Dollar General Corp. has a 52 week low of $98.08 and a 52 week high of $162.34. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.12 and a current ratio of 1.14.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, August 29th. The company reported $1.74 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.58 by $0.16. The business had revenue of $6.98 billion during the quarter, compared to analysts’ expectations of $6.89 billion. Dollar General had a return on equity of 25.34% and a net margin of 6.11%. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.52 EPS. On average, analysts predict that Dollar General Corp. will post 6.59 EPS for the current year.

The company also recently declared a — dividend, which will be paid on Tuesday, October 22nd. Investors of record on Tuesday, October 8th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Monday, October 7th. This represents a dividend yield of 0.8%. Dollar General’s payout ratio is 21.44%.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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

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