Intellectus Partners LLC Sells 1,393 Shares of Dollar General Corporation (DG)

Intellectus Partners LLC trimmed its stake in Dollar General Corporation (NYSE:DG) by 10.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,373 shares of the company’s stock after selling 1,393 shares during the period. Intellectus Partners LLC’s holdings in Dollar General Corporation were worth $892,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in DG. Victory Capital Management Inc. boosted its holdings in Dollar General Corporation by 19.3% in the first quarter. Victory Capital Management Inc. now owns 17,145 shares of the company’s stock valued at $1,196,000 after acquiring an additional 2,779 shares during the last quarter. Schroder Investment Management Group acquired a new position in Dollar General Corporation in the first quarter valued at about $531,000. OppenheimerFunds Inc. raised its position in shares of Dollar General Corporation by 16.0% during the first quarter. OppenheimerFunds Inc. now owns 35,791 shares of the company’s stock worth $2,496,000 after purchasing an additional 4,939 shares during the period. FMR LLC raised its position in shares of Dollar General Corporation by 3.9% during the first quarter. FMR LLC now owns 4,569,613 shares of the company’s stock worth $318,639,000 after purchasing an additional 170,656 shares during the period. Finally, Teachers Advisors LLC raised its position in shares of Dollar General Corporation by 3.4% during the first quarter. Teachers Advisors LLC now owns 536,855 shares of the company’s stock worth $37,435,000 after purchasing an additional 17,855 shares during the period. Institutional investors own 90.49% of the company’s stock.

In other Dollar General Corporation news, EVP Robert D. Ravener sold 11,257 shares of the company’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $77.00, for a total value of $866,789.00. Following the transaction, the executive vice president now directly owns 22,598 shares in the company, valued at approximately $1,740,046. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

ILLEGAL ACTIVITY NOTICE: “Intellectus Partners LLC Sells 1,393 Shares of Dollar General Corporation (DG)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark law. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/20/intellectus-partners-llc-has-892000-holdings-in-dollar-general-corporation-dg.html.

Shares of Dollar General Corporation (NYSE:DG) traded up 0.57% during midday trading on Friday, reaching $83.38. The company had a trading volume of 552,073 shares. The company has a 50 day moving average of $78.91 and a 200 day moving average of $74.30. Dollar General Corporation has a one year low of $65.97 and a one year high of $83.79. The company has a market capitalization of $22.78 billion, a PE ratio of 18.89 and a beta of 0.96.

Dollar General Corporation (NYSE:DG) last released its quarterly earnings data on Thursday, August 31st. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.09 by $0.01. Dollar General Corporation had a net margin of 5.38% and a return on equity of 22.67%. The business had revenue of $5.83 billion during the quarter, compared to the consensus estimate of $5.80 billion. During the same quarter in the prior year, the firm earned $1.08 EPS. The business’s revenue was up 8.1% on a year-over-year basis. Analysts predict that Dollar General Corporation will post $4.51 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 24th. Stockholders of record on Tuesday, October 10th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Friday, October 6th. Dollar General Corporation’s dividend payout ratio is 23.48%.

A number of brokerages recently issued reports on DG. BidaskClub lowered Dollar General Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Buckingham Research reissued a “neutral” rating and issued a $75.00 target price on shares of Dollar General Corporation in a research report on Monday, August 7th. Zacks Investment Research lowered Dollar General Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. BMO Capital Markets set a $85.00 target price on Dollar General Corporation and gave the company a “hold” rating in a research report on Tuesday, August 22nd. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $85.00 target price on shares of Dollar General Corporation in a research report on Friday, September 29th. One research analyst has rated the stock with a sell rating, eleven ha

Several other hedge funds have also made changes to their positions in DG. Victory Capital Management Inc. boosted its holdings in Dollar General Corporation by 19.3% in the first quarter. Victory Capital Management Inc. now owns 17,145 shares of the company’s stock valued at $1,196,000 after acquiring an additional 2,779 shares during the last quarter. Schroder Investment Management Group acquired a new position in Dollar General Corporation in the first quarter valued at about $531,000. OppenheimerFunds Inc. raised its position in shares of Dollar General Corporation by 16.0% during the first quarter. OppenheimerFunds Inc. now owns 35,791 shares of the company’s stock worth $2,496,000 after purchasing an additional 4,939 shares during the period. FMR LLC raised its position in shares of Dollar General Corporation by 3.9% during the first quarter. FMR LLC now owns 4,569,613 shares of the company’s stock worth $318,639,000 after purchasing an additional 170,656 shares during the period. Finally, Teachers Advisors LLC raised its position in shares of Dollar General Corporation by 3.4% during the first quarter. Teachers Advisors LLC now owns 536,855 shares of the company’s stock worth $37,435,000 after purchasing an additional 17,855 shares during the period. Institutional investors own 90.49% of the company’s stock.

In other Dollar General Corporation news, EVP Robert D. Ravener sold 11,257 shares of the company’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $77.00, for a total value of $866,789.00. Following the transaction, the executive vice president now directly owns 22,598 shares in the company, valued at approximately $1,740,046. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

ILLEGAL ACTIVITY NOTICE: “Intellectus Partners LLC Sells 1,393 Shares of Dollar General Corporation (DG)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark law. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/20/intellectus-partners-llc-has-892000-holdings-in-dollar-general-corporation-dg.html.

Shares of Dollar General Corporation (NYSE:DG) traded up 0.57% during midday trading on Friday, reaching $83.38. The company had a trading volume of 552,073 shares. The company has a 50 day moving average of $78.91 and a 200 day moving average of $74.30. Dollar General Corporation has a one year low of $65.97 and a one year high of $83.79. The company has a market capitalization of $22.78 billion, a PE ratio of 18.89 and a beta of 0.96.

Dollar General Corporation (NYSE:DG) last released its quarterly earnings data on Thursday, August 31st. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.09 by $0.01. Dollar General Corporation had a net margin of 5.38% and a return on equity of 22.67%. The business had revenue of $5.83 billion during the quarter, compared to the consensus estimate of $5.80 billion. During the same quarter in the prior year, the firm earned $1.08 EPS. The business’s revenue was up 8.1% on a year-over-year basis. Analysts predict that Dollar General Corporation will post $4.51 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 24th. Stockholders of record on Tuesday, October 10th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Friday, October 6th. Dollar General Corporation’s dividend payout ratio is 23.48%.

A number of brokerages recently issued reports on DG. BidaskClub lowered Dollar General Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Buckingham Research reissued a “neutral” rating and issued a $75.00 target price on shares of Dollar General Corporation in a research report on Monday, August 7th. Zacks Investment Research lowered Dollar General Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. BMO Capital Markets set a $85.00 target price on Dollar General Corporation and gave the company a “hold” rating in a research report on Tuesday, August 22nd. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $85.00 target price on shares of Dollar General Corporation in a research report on Friday, September 29th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $80.79.

Dollar General Corporation 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 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.

Leave a Reply