Dollar General Co. (NYSE:DG) Shares Purchased by Northcape Capital Pty Ltd

Northcape Capital Pty Ltd raised its position in shares of Dollar General Co. (NYSE:DG) by 25.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,045 shares of the company’s stock after purchasing an additional 4,633 shares during the period. Dollar General accounts for approximately 0.6% of Northcape Capital Pty Ltd’s holdings, making the stock its 9th biggest position. Northcape Capital Pty Ltd’s holdings in Dollar General were worth $5,102,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Stock Yards Bank & Trust Co. grew its holdings in Dollar General by 3.3% during the 3rd quarter. Stock Yards Bank & Trust Co. now owns 1,550 shares of the company’s stock worth $324,000 after acquiring an additional 50 shares during the last quarter. Huntington National Bank raised its holdings in Dollar General by 1.9% during the third quarter. Huntington National Bank now owns 2,756 shares of the company’s stock worth $578,000 after purchasing an additional 51 shares in the last quarter. FinTrust Capital Advisors LLC raised its holdings in Dollar General by 23.9% during the second quarter. FinTrust Capital Advisors LLC now owns 270 shares of the company’s stock worth $51,000 after purchasing an additional 52 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV raised its holdings in Dollar General by 0.8% during the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 7,173 shares of the company’s stock worth $1,504,000 after purchasing an additional 54 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its holdings in Dollar General by 9.8% during the second quarter. AdvisorNet Financial Inc now owns 616 shares of the company’s stock worth $117,000 after purchasing an additional 55 shares in the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently issued reports on DG shares. Bank of America increased their target price on shares of Dollar General from $220.00 to $229.00 and gave the company a “buy” rating in a report on Friday, August 28th. Oppenheimer reaffirmed a “buy” rating and issued a $225.00 target price on shares of Dollar General in a report on Thursday, August 27th. Telsey Advisory Group raised their target price on shares of Dollar General from $210.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 24th. Barclays raised their target price on shares of Dollar General from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 28th. Finally, Royal Bank of Canada lifted their price target on shares of Dollar General from $216.00 to $236.00 in a research note on Friday, August 28th. Five analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $218.68.

In other news, EVP Rhonda Taylor sold 29,274 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $198.06, for a total transaction of $5,798,008.44. Following the completion of the transaction, the executive vice president now directly owns 57,236 shares of the company’s stock, valued at approximately $11,336,162.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO John W. Garratt sold 8,759 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $201.20, for a total transaction of $1,762,310.80. Following the transaction, the chief financial officer now directly owns 14,924 shares of the company’s stock, valued at $3,002,708.80. The disclosure for this sale can be found here. Insiders have sold a total of 99,435 shares of company stock worth $19,984,494 over the last 90 days. Corporate insiders own 0.72% of the company’s stock.

Shares of DG stock opened at $218.00 on Monday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.59 and a current ratio of 1.40. The company has a market capitalization of $54.29 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 1.89 and a beta of 0.54. The company’s 50 day moving average price is $215.30 and its two-hundred day moving average price is $199.11. Dollar General Co. has a 52 week low of $125.00 and a 52 week high of $225.25.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, August 27th. The company reported $3.12 EPS for the quarter, topping the consensus estimate of $2.44 by $0.68. The firm had revenue of $8.68 billion for the quarter, compared to the consensus estimate of $8.35 billion. Dollar General had a net margin of 7.48% and a return on equity of 33.51%. The business’s quarterly revenue was up 24.4% on a year-over-year basis. During the same period last year, the company posted $1.74 EPS. Analysts forecast that Dollar General Co. will post 10.15 earnings per share for the current year.

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 products; 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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