Dollar General Corp. (NYSE:DG) Shares Purchased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC boosted its holdings in Dollar General Corp. (NYSE:DG) by 22.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,844 shares of the company’s stock after purchasing an additional 1,077 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Dollar General were worth $929,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DG. Clean Yield Group acquired a new position in shares of Dollar General during the second quarter valued at $26,000. Squar Milner Financial Services LLC boosted its holdings in shares of Dollar General by 73.0% during the second quarter. Squar Milner Financial Services LLC now owns 192 shares of the company’s stock valued at $26,000 after acquiring an additional 81 shares during the period. JNBA Financial Advisors boosted its holdings in shares of Dollar General by 106.4% during the second quarter. JNBA Financial Advisors now owns 194 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Arcadia Investment Management Corp MI acquired a new position in shares of Dollar General during the second quarter valued at $27,000. Finally, Sandy Spring Bank boosted its holdings in shares of Dollar General by 50.0% during the second quarter. Sandy Spring Bank now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 100 shares during the period. 93.15% of the stock is owned by hedge funds and other institutional investors.

DG stock traded up $0.29 during trading on Wednesday, hitting $162.36. The company had a trading volume of 559,279 shares, compared to its average volume of 1,615,995. The firm has a market capitalization of $41.71 billion, a price-to-earnings ratio of 27.20, a P/E/G ratio of 2.55 and a beta of 0.54. The business has a 50 day moving average of $157.69 and a 200 day moving average of $137.32. Dollar General Corp. has a fifty-two week low of $98.08 and a fifty-two week high of $164.29. The company has a current ratio of 1.14, a quick ratio of 0.12 and a debt-to-equity ratio of 1.49.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 29th. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.16. Dollar General had a net margin of 6.11% and a return on equity of 25.34%. The business had revenue of $6.98 billion during the quarter, compared to the consensus estimate of $6.89 billion. During the same quarter in the prior year, the company posted $1.52 earnings per share. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. As a group, equities analysts predict that Dollar General Corp. will post 6.61 EPS for the current year.

The firm also recently declared a — dividend, which will be paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th will be given a $0.32 dividend. This represents a yield of 0.8%. The ex-dividend date of this dividend is Monday, October 7th. Dollar General’s dividend payout ratio (DPR) is presently 21.44%.

Several brokerages have recently issued reports on DG. ValuEngine downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. KeyCorp set a $180.00 price target on shares of Dollar General and gave the company a “buy” rating in a report on Friday, August 30th. BMO Capital Markets boosted their price target on shares of Dollar General from $140.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, August 30th. They noted that the move was a valuation call. Raymond James set a $180.00 price target on shares of Dollar General and gave the company a “buy” rating in a report on Friday, August 30th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Dollar General from $173.00 to $184.00 and gave the company an “overweight” rating in a report on Monday, September 23rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have assigned a buy rating to the stock. Dollar General presently has a consensus rating of “Buy” and a consensus target price of $162.95.

Dollar General Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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