Dollar General Corp. (DG) : 12th Street Asset Management Company added new position in Dollar General Corp. during the most recent quarter end. The investment management firm now holds 156,916 shares of Dollar General Corp. which is valued at $14,579,066 , the company said in a statement filed on Aug 11, 2016 with the SEC.Dollar General Corp. makes up approximately 5.55% of 12th Street Asset Management Company’s portfolio.
Other Hedge Funds, Including , Johnson Investment Counsel Inc reduced its stake in DG by selling 3,090 shares or 24.99% in the most recent quarter. The Hedge Fund company now holds 9,275 shares of DG which is valued at $861,740. Dollar General Corp. makes up approx 0.03% of Johnson Investment Counsel Inc’s portfolio.Tower Research Capital (trc) boosted its stake in DG in the latest quarter, The investment management firm added 5,103 additional shares and now holds a total of 5,298 shares of Dollar General Corp. which is valued at $492,237. Dollar General Corp. makes up approx 0.04% of Tower Research Capital (trc)’s portfolio.Holland Capital Management reduced its stake in DG by selling 243,494 shares or 31.45% in the most recent quarter. The Hedge Fund company now holds 530,657 shares of DG which is valued at $49,303,342. Dollar General Corp. makes up approx 1.82% of Holland Capital Management’s portfolio.Keybank National Associationoh reduced its stake in DG by selling 111 shares or 1.96% in the most recent quarter. The Hedge Fund company now holds 5,564 shares of DG which is valued at $516,951.Public Employees Retirement Association Of Colorado reduced its stake in DG by selling 4,007 shares or 6.12% in the most recent quarter. The Hedge Fund company now holds 61,430 shares of DG which is valued at $5,819,878. Dollar General Corp. makes up approx 0.05% of Public Employees Retirement Association Of Colorado’s portfolio.
Dollar General Corp. opened for trading at $91.13 and hit $91.68 on the upside on Tuesday, eventually ending the session at $91.49, with a gain of 0.76% or 0.69 points. The heightened volatility saw the trading volume jump to 20,38,218 shares. Company has a market cap of $25,963 M.
On the company’s financial health, Dollar General Corp. reported $1.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 25, 2016. Analyst had a consensus of $1.09. The company had revenue of $5390.00 million for the quarter, compared to analysts expectations of $5497.92 million. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.
Many Wall Street Analysts have commented on Dollar General Corp.. Dollar General Corp. was Downgraded by Credit Suisse to ” Neutral” on Aug 25, 2016. Dollar General Corp. was Downgraded by JP Morgan to ” Neutral” on Aug 25, 2016. Shares were Downgraded by Jefferies on Aug 15, 2016 to ” Hold” and Lowered the Price Target to $ 96 from a previous price target of $101 .
Dollar General Corporation is the discount retailer in the United States. The Company offers a selection of merchandise including consumables seasonal home products and apparel. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products. Seasonal products include decorations toys batteries small electronics greeting cards stationery prepaid phones and accessories gardening supplies hardware automotive and home office supplies. Home products includes kitchen supplies cookware small appliances light bulbs storage containers frames candles craft supplies and kitchen bed and bath soft goods. Apparel includes casual everyday apparel for infants toddlers girls boys women and men as well as socks underwear disposable diapers shoes and accessories. Its merchandise includes national brands and private brands selections. It operates approximately 11879 stores located in over 43 states.