Prudential Financial Inc. increased its position in Dollar General Corp. (NYSE:DG) by 200.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,199,813 shares of the company’s stock after buying an additional 799,914 shares during the period. Prudential Financial Inc.’s holdings in Dollar General Corp. were worth $83,975,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of DG. Pacer Advisors Inc. raised its position in shares of Dollar General Corp. by 7.8% in the second quarter. Pacer Advisors Inc. now owns 1,124 shares of the company’s stock valued at $106,000 after buying an additional 81 shares during the period. Financial Architects Inc raised its position in shares of Dollar General Corp. by 390.7% in the third quarter. Financial Architects Inc now owns 1,526 shares of the company’s stock valued at $107,000 after buying an additional 1,215 shares during the period. FTB Advisors Inc. raised its position in shares of Dollar General Corp. by 14.9% in the third quarter. FTB Advisors Inc. now owns 1,595 shares of the company’s stock valued at $109,000 after buying an additional 207 shares during the period. Global X Management Co. LLC raised its position in shares of Dollar General Corp. by 114.2% in the third quarter. Global X Management Co. LLC now owns 1,686 shares of the company’s stock valued at $118,000 after buying an additional 899 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Dollar General Corp. by 45.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock valued at $175,000 after buying an additional 579 shares during the period. 82.88% of the stock is currently owned by hedge funds and other institutional investors.

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

Dollar General Corp. (NYSE:DG) opened at 78.31 on Wednesday. The firm has a market cap of $22.06 billion, a P/E ratio of 18.31 and a beta of 0.80. Dollar General Corp. has a 1-year low of $65.11 and a 1-year high of $96.88. The company has a 50-day moving average price of $71.74 and a 200-day moving average price of $81.86.

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Several research analysts have recently issued reports on the stock. Guggenheim reaffirmed a “buy” rating and issued a $90.00 target price on shares of Dollar General Corp. in a research note on Tuesday. Buckingham Research reaffirmed a “buy” rating and issued a $90.00 target price on shares of Dollar General Corp. in a research note on Tuesday. Vetr raised shares of Dollar General Corp. from a “hold” rating to a “buy” rating and set a $82.51 price objective on the stock in a research note on Monday. Zacks Investment Research raised shares of Dollar General Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, November 22nd. Finally, raised shares of Dollar General Corp. from an “underperform” rating to an “outperform” rating and lifted their price objective for the stock from $59.75 to $96.88 in a research note on Wednesday, October 26th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $89.31.

Dollar General Corp. Company Profile

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

5 Day Chart for NYSE:DG

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