Dollar General Corporation (DG) Holdings Maintained by Teachers Retirement System of The State of Kentucky
Teachers Retirement System of The State of Kentucky maintained its position in shares of Dollar General Corporation (NYSE:DG) during the second quarter, according to the company in its most recent filing with the SEC. The firm owned 28,051 shares of the company’s stock at the close of the second quarter. Teachers Retirement System of The State of Kentucky’s holdings in Dollar General Corporation were worth $2,022,000 as of its most recent filing with the SEC.
Other large investors also recently bought and sold shares of the company. Parametric Portfolio Associates LLC grew its holdings in shares of Dollar General Corporation by 363.7% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,968,047 shares of the company’s stock worth $141,877,000 after purchasing an additional 1,543,619 shares in the last quarter. Advisor Group Inc. increased its position in shares of Dollar General Corporation by 28.1% during the second quarter. Advisor Group Inc. now owns 19,221 shares of the company’s stock valued at $1,385,000 after purchasing an additional 4,213 shares during the period. Glenview Trust Co bought a new stake in shares of Dollar General Corporation during the second quarter valued at approximately $239,000. Cibc World Markets Corp increased its position in shares of Dollar General Corporation by 34.3% during the second quarter. Cibc World Markets Corp now owns 35,654 shares of the company’s stock valued at $2,570,000 after purchasing an additional 9,098 shares during the period. Finally, Suntrust Banks Inc. raised its stake in shares of Dollar General Corporation by 5.0% in the second quarter. Suntrust Banks Inc. now owns 76,959 shares of the company’s stock valued at $5,546,000 after purchasing an additional 3,696 shares in the last quarter. Institutional investors own 90.51% of the company’s stock.
Several research analysts recently commented on the company. Zacks Investment Research raised Dollar General Corporation from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a research report on Friday, June 9th. Bank of America Corporation reiterated a “buy” rating and set a $90.00 price target on shares of Dollar General Corporation in a research note on Friday, August 25th. BidaskClub raised shares of Dollar General Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 25th. Citigroup Inc. boosted their price target on shares of Dollar General Corporation from $87.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, September 13th. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $85.00 price target on shares of Dollar General Corporation in a report on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $80.79.
In other Dollar General Corporation news, EVP Robert D. Ravener sold 11,257 shares of Dollar General Corporation stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $77.00, for a total value of $866,789.00. Following the transaction, the executive vice president now owns 22,598 shares in the company, valued at $1,740,046. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.22% of the company’s stock.
Dollar General Corporation (NYSE DG) opened at 81.40 on Wednesday. The company has a market capitalization of $22.24 billion, a P/E ratio of 18.44 and a beta of 0.96. Dollar General Corporation has a 52 week low of $65.97 and a 52 week high of $82.10. The firm has a 50 day moving average of $76.85 and a 200-day moving average of $73.34.
Dollar General Corporation (NYSE:DG) last posted its quarterly earnings results on Thursday, August 31st. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.01. Dollar General Corporation had a return on equity of 22.67% and a net margin of 5.38%. The company had revenue of $5.83 billion during the quarter, compared to analysts’ expectations of $5.80 billion. During the same quarter in the previous year, the firm earned $1.08 EPS. Dollar General Corporation’s revenue was up 8.1% on a year-over-year basis. On average, analysts forecast that Dollar General Corporation will post $4.51 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 24th. Investors of record on Tuesday, October 10th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.28%. The ex-dividend date is Friday, October 6th. Dollar General Corporation’s dividend payout ratio (DPR) is presently 23.48%.
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.
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