The ability for Dollar General Corporation to pay for the 1.14% dividend yield is 23.00% payout ratio. Buckhead Capital Management Llc, a Georgia-based fund reported 17,025 shares. Psagot Investment House Ltd. raised its position in Dollar General by 10.8% during the 3rd quarter. It improved, as 62 investors sold DG shares while 193 reduced holdings. Finally, Caisse DE Depot ET Placement DU Quebec grew its stake in Dollar General by 2.3% in the 3rd quarter. The stock had a trading volume of 3,743,000 shares, compared to its average volume of 2,845,262. Company insiders own 0.22% of the company's stock. Altfest L J & Co Inc owns 120,904 shares or 1.87% of their United States portfolio. Finally, FMR LLC raised its stake in Dollar General by 29.4% during the 2nd quarter. The average investment rating for DG on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.88 or a Hold.
The stock of Dollar General Corporation (NYSE:DG) hit a new 52-week high and has $97.90 target or 5.00 % above today's $93.24 share price. Sales growth quarter over quarter is 8.10%, with EPS growth quarter over quarter coming to a value of -0.30%. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. They issued an "outperform" rating and a $91.00 target price for the company. UBS reiterated a "buy" rating and set a $99.00 price target (up previously from $85.00) on shares of Dollar General in a report on Monday. Additional openings and remodeling projects will see Dollar General end the current fiscal year on February 2, 2018 having opened a total of 1,285 stores in addition to remodeling or relocating 760 stores. Bank of America upgraded the shares of DG in report on Wednesday, May 4 to "Buy" rating. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the company's stock. The company now has a consensus rating of "Hold" and an average price target of $82.93. (NYSE:DG) traded up $0.48 during trading hours on Thursday, reaching $90.85. The fund owned 74,255 shares of the company's stock after purchasing an additional 2,349 shares during the period.
The company's quick ratio for most recent quarter is 0.20. Scharf Investments Llc who had been investing in Dollar Gen Corp New for a number of months, seems to be bullish on the $25.51B market cap company. Dollar General Corp. had 92 analyst reports since August 13, 2015 according to SRatingsIntel. Dollar General Corporation (NYSE:DG) has declined 12.26% since December 6, 2016 and is downtrending. The company said its current earnings per share guidance range includes the estimated net negative impact on the third-quarter earnings per share results of $0.05 related to the hurricanes. The business had revenue of $5.90 billion for the quarter, compared to analyst estimates of $5.80 billion. Presently, it has a Return on Equity (ROE) of 22.30% and Return on Investment (ROI) of 15.70%. The company's quarterly revenue was up 6.5% compared to the same quarter past year.
More notable recent Dollar General Corporation (NYSE:DG) news were published by: Nasdaq.com which released: "Dollar General (DG) Earnings & Sales Beat Estimates in Q3" on December 07, 2017, also Nasdaq.com with their article: "Earnings Reaction History: Dollar General Corporation, 72.7% Follow-Through ..." published on December 07, 2017, Nasdaq.com published: "Mid-Morning Market Update: Markets Rise; Dollar General Beats Q3 Expectations" on December 07, 2017. Stockholders of record on Tuesday, January 9th will be given a dividend of $0.26 per share. A beta of greater than 1 indicates that the security's price will be more volatile than the market. Moffett Nathanson began coverage on shares of Dollar General in a research note on Monday. "(DG)" was first published by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & global trademark & copyright legislation.
- Rep. John Lewis boycotting MS civil rights museum due to Trump's attendance
- House passes spending bill, first step in avoiding government shutdown
- Devil May Cry HD Collection heads to PC, consoles in March
- Iraq Summons US Ambassador over Jerusalem Decision
- Simmba: Ranveer Singh to play quirky cop in KJo-Rohit Shetty collaboration
- Delta Flight's Bathrooms Fill Up, Pilot Makes Emergency Pit Stop for Passengers
- Lookman's back! Ademola nets brace against Apollon Limassol
- IT actor joins Shazam!
- Starbucks Launches New Christmas Tree Frappuccino For The Holiday Season
- Two rockets fired on Israel land in Gaza