Dollar General Corp. (NYSE:DG) Shares Sold by Windsor Group LTD

Windsor Group LTD lowered its stake in shares of Dollar General Corp. (NYSE:DG) by 13.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,919 shares of the company’s stock after selling 1,041 shares during the quarter. Windsor Group LTD’s holdings in Dollar General were worth $1,091,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Keudell Morrison Wealth Management boosted its holdings in Dollar General by 436.9% in the 2nd quarter. Keudell Morrison Wealth Management now owns 19,550 shares of the company’s stock worth $2,642,000 after acquiring an additional 15,909 shares during the period. Glen Harbor Capital Management LLC boosted its holdings in Dollar General by 8.7% in the 2nd quarter. Glen Harbor Capital Management LLC now owns 175,304 shares of the company’s stock worth $23,694,000 after acquiring an additional 14,042 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Dollar General by 16.8% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 296,864 shares of the company’s stock worth $40,510,000 after acquiring an additional 42,804 shares during the period. Prudential Financial Inc. boosted its holdings in Dollar General by 10.8% in the 2nd quarter. Prudential Financial Inc. now owns 273,981 shares of the company’s stock worth $37,032,000 after acquiring an additional 26,604 shares during the period. Finally, Atria Investments LLC boosted its holdings in Dollar General by 38.5% in the 2nd quarter. Atria Investments LLC now owns 52,410 shares of the company’s stock worth $7,082,000 after acquiring an additional 14,576 shares during the period. 93.14% of the stock is owned by institutional investors.

Shares of Dollar General stock traded down $0.10 on Monday, hitting $164.31. 9,115 shares of the company’s stock traded hands, compared to its average volume of 1,558,361. The stock has a market cap of $41.87 billion, a P/E ratio of 27.57, a PEG ratio of 2.56 and a beta of 0.54. The company has a quick ratio of 0.12, a current ratio of 1.14 and a debt-to-equity ratio of 1.49. The firm’s 50-day moving average is $159.08 and its 200 day moving average is $137.97. Dollar General Corp. has a 52-week low of $98.08 and a 52-week high of $164.97.

Dollar General (NYSE:DG) last released its earnings results on Thursday, August 29th. The company reported $1.74 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.58 by $0.16. The company had revenue of $6.98 billion during the quarter, compared to analysts’ expectations of $6.89 billion. Dollar General had a return on equity of 25.34% and a net margin of 6.11%. The business’s revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.52 EPS. Equities research analysts forecast that Dollar General Corp. will post 6.61 EPS for the current year.

The company also recently declared a — dividend, which will be paid on Tuesday, October 22nd. Investors of record on Tuesday, October 8th will be given a dividend of $0.32 per share. This represents a dividend yield of 0.8%. The ex-dividend date is Monday, October 7th. Dollar General’s dividend payout ratio is currently 21.44%.

A number of equities analysts have weighed in on DG shares. KeyCorp set a $180.00 price target on Dollar General and gave the stock a “buy” rating in a report on Friday, August 30th. JPMorgan Chase & Co. upped their price target on Dollar General from $173.00 to $184.00 and gave the stock an “overweight” rating in a report on Monday, September 23rd. Citigroup upped their price target on Dollar General from $148.00 to $184.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. Telsey Advisory Group upped their price target on Dollar General from $145.00 to $168.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Finally, Morgan Stanley upped their price target on Dollar General from $155.00 to $170.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $162.95.

About Dollar General

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.

Further Reading: Momentum Indicators

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

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