LaSalle Street Capital Management LLC bought a new stake in shares of Dollar General Corporation (NYSE:DG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,479 shares of the company’s stock, valued at approximately $1,044,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Dollar General Corporation by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock valued at $146,000 after purchasing an additional 48 shares during the last quarter. Gateway Investment Advisers LLC grew its holdings in shares of Dollar General Corporation by 0.3% during the 2nd quarter. Gateway Investment Advisers LLC now owns 15,636 shares of the company’s stock valued at $1,127,000 after purchasing an additional 53 shares during the last quarter. Alpha Windward LLC grew its holdings in shares of Dollar General Corporation by 3.0% during the 2nd quarter. Alpha Windward LLC now owns 1,900 shares of the company’s stock valued at $137,000 after purchasing an additional 56 shares during the last quarter. Huntington National Bank grew its holdings in shares of Dollar General Corporation by 4.0% during the 2nd quarter. Huntington National Bank now owns 1,965 shares of the company’s stock valued at $142,000 after purchasing an additional 75 shares during the last quarter. Finally, Homrich & Berg grew its holdings in shares of Dollar General Corporation by 2.2% during the 2nd quarter. Homrich & Berg now owns 4,379 shares of the company’s stock valued at $316,000 after purchasing an additional 93 shares during the last quarter. 90.61% of the stock is currently owned by institutional investors.

Several equities analysts recently commented on DG shares. Zacks Investment Research raised shares of Dollar General Corporation from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a report on Monday, August 28th. Deutsche Bank AG reissued a “hold” rating and set a $79.00 price target on shares of Dollar General Corporation in a research report on Friday, September 1st. Gordon Haskett raised shares of Dollar General Corporation from a “reduce” rating to an “accumulate” rating in a research report on Thursday, June 1st. BidaskClub raised shares of Dollar General Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 25th. Finally, Royal Bank Of Canada increased their price target on shares of Dollar General Corporation from $81.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company. Dollar General Corporation has a consensus rating of “Hold” and an average target price of $81.11.

Shares of Dollar General Corporation (NYSE DG) traded down 0.42% on Thursday, reaching $77.51. 480,437 shares of the company were exchanged. The company has a market capitalization of $21.18 billion, a price-to-earnings ratio of 17.56 and a beta of 0.94. Dollar General Corporation has a 52 week low of $65.97 and a 52 week high of $80.67. The company’s 50-day moving average is $75.38 and its 200-day moving average is $72.72.

Dollar General Corporation (NYSE:DG) last posted its quarterly earnings results on Thursday, August 31st. The company reported $1.10 EPS for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.01. Dollar General Corporation had a net margin of 5.38% and a return on equity of 22.67%. The firm had revenue of $5.83 billion for the quarter, compared to analysts’ expectations of $5.80 billion. During the same period in the prior year, the business posted $1.08 earnings per share. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities analysts expect that Dollar General Corporation will post $4.51 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 24th. Investors of record on Tuesday, October 10th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, October 6th. Dollar General Corporation’s dividend payout ratio (DPR) is presently 23.48%.

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In related news, EVP Robert D. Ravener sold 11,257 shares of the company’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $77.00, for a total value of $866,789.00. Following the completion of the sale, the executive vice president now directly owns 22,598 shares of the company’s stock, valued at $1,740,046. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is owned by corporate insiders.

Dollar General Corporation 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.

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

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