Alpha Windward LLC Has $137,000 Position in Dollar General Corporation (DG)

Alpha Windward LLC increased its stake in shares of Dollar General Corporation (NYSE:DG) by 3.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,900 shares of the company’s stock after buying an additional 56 shares during the period. Alpha Windward LLC’s holdings in Dollar General Corporation were worth $137,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in DG. National Asset Management Inc. increased its position in Dollar General Corporation by 8.6% in the first quarter. National Asset Management Inc. now owns 3,273 shares of the company’s stock valued at $230,000 after buying an additional 258 shares during the period. Wrapmanager Inc. increased its position in Dollar General Corporation by 15.1% in the first quarter. Wrapmanager Inc. now owns 3,566 shares of the company’s stock valued at $249,000 after buying an additional 469 shares during the period. Massmutual Trust Co. FSB ADV increased its position in Dollar General Corporation by 5.7% in the first quarter. Massmutual Trust Co. FSB ADV now owns 3,882 shares of the company’s stock valued at $271,000 after buying an additional 210 shares during the period. Franklin Resources Inc. bought a new position in Dollar General Corporation during the fourth quarter valued at $309,000. Finally, Venturi Wealth Management LLC bought a new position in Dollar General Corporation during the first quarter valued at $290,000. Institutional investors own 85.15% of the company’s stock.

Dollar General Corporation (NYSE DG) opened at 72.20 on Friday. The company has a 50-day moving average price of $72.36 and a 200 day moving average price of $72.45. The stock has a market cap of $19.80 billion, a price-to-earnings ratio of 16.32 and a beta of 0.92. Dollar General Corporation has a 52-week low of $65.97 and a 52-week high of $96.88.

Dollar General Corporation (NYSE:DG) last released its quarterly earnings data on Thursday, June 1st. The company reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.03. The company had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.59 billion. Dollar General Corporation had a net margin of 5.53% and a return on equity of 23.07%. Dollar General Corporation’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.03 EPS. On average, analysts expect that Dollar General Corporation will post $4.50 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 25th. Shareholders of record on Tuesday, July 11th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Friday, July 7th. This represents a $1.04 dividend on an annualized basis and a yield of 1.44%. Dollar General Corporation’s payout ratio is 23.48%.

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Several equities analysts recently weighed in on the company. BidaskClub downgraded Dollar General Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Jefferies Group LLC reissued a “hold” rating and set a $68.00 price target on shares of Dollar General Corporation in a report on Wednesday. Barclays PLC reissued a “hold” rating and set a $76.00 price target on shares of Dollar General Corporation in a report on Friday, June 2nd. Zacks Investment Research raised Dollar General Corporation from a “sell” rating to a “hold” rating and set a $88.00 price target on the stock in a report on Friday, June 2nd. Finally, Royal Bank Of Canada raised their price target on Dollar General Corporation from $81.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, June 2nd. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $80.89.

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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