Campbell & CO Investment Adviser LLC acquired a new position in Dollar General Corp. (NYSE:DG) during the 3rd quarter, HoldingsChannel reports. The firm acquired 2,601 shares of the company’s stock, valued at approximately $284,000.

Other large investors have also modified their holdings of the company. SRS Capital Advisors Inc. bought a new stake in Dollar General during the 3rd quarter worth approximately $107,000. HighPoint Advisor Group LLC bought a new stake in Dollar General during the 3rd quarter worth approximately $173,000. Steward Partners Investment Advisory LLC raised its stake in Dollar General by 50.2% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,784 shares of the company’s stock worth $176,000 after acquiring an additional 596 shares during the period. Financial Counselors Inc. bought a new stake in Dollar General during the 3rd quarter worth approximately $201,000. Finally, Synovus Financial Corp raised its stake in Dollar General by 73.2% during the 3rd quarter. Synovus Financial Corp now owns 1,826 shares of the company’s stock worth $201,000 after acquiring an additional 772 shares during the period. Hedge funds and other institutional investors own 95.91% of the company’s stock.

In other Dollar General news, EVP Robert D. Ravener sold 22,440 shares of the stock in a transaction that occurred on Friday, September 7th. The shares were sold at an average price of $111.49, for a total transaction of $2,501,835.60. Following the completion of the sale, the executive vice president now directly owns 50,747 shares of the company’s stock, valued at approximately $5,657,783.03. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.41% of the company’s stock.

Shares of DG opened at $105.29 on Wednesday. The company has a quick ratio of 0.21, a current ratio of 1.55 and a debt-to-equity ratio of 0.44. Dollar General Corp. has a 1 year low of $85.54 and a 1 year high of $118.45. The company has a market cap of $29.34 billion, a price-to-earnings ratio of 20.69, a P/E/G ratio of 1.33 and a beta of 0.82.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 30th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.03. Dollar General had a net margin of 7.06% and a return on equity of 23.51%. The business had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.38 billion. During the same period last year, the firm posted $1.10 EPS. The company’s revenue was up 10.6% on a year-over-year basis. Analysts forecast that Dollar General Corp. will post 6.1 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 23rd. Shareholders of record on Tuesday, October 9th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date was Friday, October 5th. Dollar General’s dividend payout ratio (DPR) is currently 25.84%.

A number of equities research analysts have commented on DG shares. Zacks Investment Research cut shares of Dollar General from a “hold” rating to a “sell” rating in a research note on Tuesday, July 31st. ValuEngine upgraded shares of Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, August 18th. Guggenheim restated a “buy” rating and set a $115.00 target price on shares of Dollar General in a research note on Monday, August 20th. Buckingham Research raised their target price on shares of Dollar General from $95.00 to $107.00 and gave the stock a “neutral” rating in a research note on Monday, August 27th. Finally, Credit Suisse Group set a $99.00 target price on shares of Dollar General and gave the stock a “hold” rating in a research note on Monday, August 27th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Dollar General currently has an average rating of “Buy” and a consensus target price of $107.26.

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Dollar General Company 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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