Among 29 analysts covering Dollar General Corp. It increased, as 62 investors sold DG shares while 193 reduced holdings. Tredje AP fonden's holdings in Dollar General were worth $1,792,000 at the end of the most recent reporting period.
More notable recent Dollar General Corporation (NYSE:DG) news were published by: Nasdaq.com which released: "January 2018 Options Now Available For Dollar General (DG)" on December 07, 2017, also Nasdaq.com with their article: "Mid-Morning Market Update: Markets Rise; Dollar General Beats Q3 Expectations" published on December 07, 2017, Nasdaq.com published: "Earnings Reaction History: Dollar General Corporation, 72.7% Follow-Through ..." on December 07, 2017. Psagot Investment House Ltd. raised its position in Dollar General by 10.8% during the 3rd quarter. PA acquired a new stake in Dollar General in the 3rd quarter worth about $344,000. Scharf Investments Llc bought 741,049 shares as the company's stock declined 7.36% while stock markets rallied.
Scharf Investments Llc, which manages about $2.69 billion and $4.26 billion US Long portfolio, decreased its stake in Oracle Corp (NYSE:ORCL) by 449,956 shares to 5.81M shares, valued at $291.43M in 2017Q2, according to the filing. Finally, Jackson Square Partners LLC purchased a new position in Dollar General Corp. during the third quarter valued at approximately $229,515,000. Institutional investors and hedge funds own 89.90% of the company's stock.
In other news, EVP Robert D. Ravener sold 11,257 shares of the business's stock in a transaction dated Tuesday, September 12th. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
A number of research firms have issued reports on DG.
Shares of Dollar General have climbed 25% this year. They set a "neutral" rating on the stock.
For the 2017 39-week period, Dollar General reported net income of $827 million, or $3.02 per diluted share, versus net income of $837 million, or $2.95 per diluted share, for the year-ago period. The stock has a consensus rating of "Hold" and a consensus price target of $82.93.
"We remain excited about the future for Dollar General", noted Vasos. (NYSE DG) traded up $0.48 during mid-day trading on Wednesday, reaching $90.85. 3,743,000 shares of the company's stock were exchanged, compared to its average volume of 2,845,262.
In reviewing some key ratios and quant data for inTEST Corporation (AMEX:INTT), we note that the mother of all ratios (Return on Equity) stands at 0.149487 for the firm. Dollar General Corp. has a one year low of $65.97 and a one year high of $92.11. Based in USA, Dollar General Corporation has a market cap of 24.99B.
The retailer said Hurricanes Harvey and Irma contributed 30-35 basis points to comparable sales growth, while hurting profit by 5 cents per share in the reported quarter.
The discount store chain, based in Goodlettsville, Tennessee, revealed net sales increased 11% to $5.90 billion in the 2017 third quarter compared to $5.32 billion in the 2016 third quarter. Dollar General had a return on equity of 22.67% and a net margin of 5.38%.
An 11 percent increase in net sales helped the discount retailer to a profit of $252.5 million in the quarter, topping Wall Street expectations and the $235.3 million it posted in the same quarter previous year. A beta of greater than 1 indicates that the security's price will be more volatile than the market. Dollar General Corp.'s payout ratio is 23.53%. L L C boosted its stake in Dollar General by 319.8% in the 2nd quarter. "(DG)" was posted by Week Herald and is owned by of Week Herald.
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Dollar General Corporation conditions right for a bearish pattern and traders can interpret current pattern as signal to sell and for company ellipse on the chart marks RSI movement into overbought region at 73.21.
According to Dollar General, comps lifts were spurred by positive results in the consumables, seasonal and apparel categories, partly offset by negative results in the home product category. 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.