UMB Bank N A MO Has $242,000 Position in Dollar General Corporation (NYSE:DG)
UMB Bank N A MO maintained its stake in Dollar General Corporation (NYSE:DG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,349 shares of the company’s stock at the end of the second quarter. UMB Bank N A MO’s holdings in Dollar General Corporation were worth $242,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the company. Alpha Windward LLC increased its stake in Dollar General Corporation by 2.4% in the first quarter. Alpha Windward LLC now owns 1,844 shares of the company’s stock valued at $129,000 after buying an additional 44 shares during the period. Huntington National Bank increased its stake in Dollar General Corporation by 4.0% in the second quarter. Huntington National Bank now owns 1,965 shares of the company’s stock valued at $142,000 after buying an additional 75 shares during the period. Sigma Planning Corp bought a new stake in Dollar General Corporation during the second quarter valued at approximately $202,000. Summit Securities Group LLC bought a new stake in Dollar General Corporation during the second quarter valued at approximately $226,000. Finally, National Asset Management Inc. increased its stake in Dollar General Corporation by 8.6% in the first quarter. National Asset Management Inc. now owns 3,273 shares of the company’s stock valued at $230,000 after buying an additional 258 shares during the period. 88.99% of the stock is currently owned by institutional investors and hedge funds.
Shares of Dollar General Corporation (NYSE:DG) opened at 76.57 on Tuesday. Dollar General Corporation has a 12 month low of $65.97 and a 12 month high of $92.10. The stock has a market cap of $21.00 billion, a PE ratio of 17.31 and a beta of 0.93. The firm has a 50-day moving average price of $72.84 and a 200-day moving average price of $72.69.
Dollar General Corporation (NYSE:DG) last released its quarterly earnings data on Thursday, June 1st. The company reported $1.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.03. The business had revenue of $5.61 billion during the quarter, compared to analyst estimates of $5.59 billion. Dollar General Corporation had a return on equity of 23.07% and a net margin of 5.53%. The company’s revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the business posted $1.03 EPS. Equities analysts forecast that Dollar General Corporation will post $4.50 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 25th. Shareholders of record on Tuesday, July 11th were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, July 7th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.36%. Dollar General Corporation’s payout ratio is currently 23.48%.
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Several research firms have commented on DG. Barclays PLC reissued a “hold” rating and issued a $76.00 target price on shares of Dollar General Corporation in a report on Friday, June 2nd. Buckingham Research reaffirmed a “neutral” rating and set a $75.00 price target on shares of Dollar General Corporation in a report on Monday, August 7th. Jefferies Group LLC reaffirmed a “hold” rating and set a $68.00 price target on shares of Dollar General Corporation in a report on Wednesday, July 19th. Zacks Investment Research raised Dollar General Corporation from a “sell” rating to a “hold” rating and set a $88.00 price target on the stock in a report on Friday, June 2nd. Finally, BidaskClub raised Dollar General Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eleven have issued a buy rating to the stock. Dollar General Corporation presently has a consensus rating of “Hold” and an average target price of $80.89.
Dollar General Corporation Company 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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