Dollar General Corp. (DG) : Dsam Partners (london) Ltd scooped up 179,050 additional shares in Dollar General Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 260,096 shares of Dollar General Corp. which is valued at $24,116,101.Dollar General Corp. makes up approximately 8.02% of Dsam Partners (london) Ltd’s portfolio.
Other Hedge Funds, Including , Psagot Investment House Ltd. added DG to its portfolio by purchasing 37,238 company shares during the most recent quarter which is valued at $3,452,707. Dollar General Corp. makes up approx 0.14% of Psagot Investment House Ltd.’s portfolio. Ci Investments added DG to its portfolio by purchasing 524,800 company shares during the most recent quarter which is valued at $49,525,376. Dollar General Corp. makes up approx 0.60% of Ci Investments’s portfolio.Rothschild Asset Management Inc boosted its stake in DG in the latest quarter, The investment management firm added 444 additional shares and now holds a total of 5,134 shares of Dollar General Corp. which is valued at $481,415. Dollar General Corp. makes up approx 0.01% of Rothschild Asset Management Inc’s portfolio. Oakbrook Investments sold out all of its stake in DG during the most recent quarter. The investment firm sold 31,900 shares of DG which is valued $3,035,285.
Dollar General Corp. opened for trading at $88.68 and hit $91.31 on the upside on Wednesday, eventually ending the session at $90.92, with a gain of 1.60% or 1.43 points. The heightened volatility saw the trading volume jump to 45,56,817 shares. Company has a market cap of $25,801 M.
On the company’s financial health, Dollar General Corp. reported $1.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on May 26, 2016. Analyst had a consensus of $0.95. The company had revenue of $5265.40 million for the quarter, compared to analysts expectations of $5281.06 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS.
Many Wall Street Analysts have commented on Dollar General Corp.. 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 .Company shares were Downgraded by Deutsche Bank on Aug 1, 2016 to ” Hold”, Firm has raised the Price Target to $ 99 from a previous price target of $95 .Company shares were Reiterated by MKM Partners on May 27, 2016 to “Buy”, Firm has raised the Price Target to $ 97 from a previous price target of $91 .
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.