Dollar General Corporation (DG) Stock Is An 52-Week High Flier

January 14, 2018 - By Vivian Currie

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.07, from 0.98 in 2017Q2. It turned negative, as 58 investors sold Dollar General Corporation shares while 187 reduced holdings. 56 funds opened positions while 167 raised stakes. 237.14 million shares or 1.40% less from 240.50 million shares in 2017Q2 were reported.
State Board Of Administration Of Florida Retirement Sys invested 0.09% in Dollar General Corporation (NYSE:DG). Mutual Insurance Federation Of Agricultural Cooperatives invested in 0.03% or 16,500 shares. Amer Intll owns 77,673 shares. State Teachers Retirement System has invested 0.08% of its portfolio in Dollar General Corporation (NYSE:DG). Veritas Investment Mngmt Llp reported 3,750 shares stake. State Treasurer State Of Michigan holds 0.05% in Dollar General Corporation (NYSE:DG) or 79,042 shares. 3,771 are owned by Arrowgrass Capital Prtnrs (Us) Ltd Partnership. 70 were accumulated by Tarbox Family Office Inc. Cibc Asset Mngmt Inc holds 0.01% or 28,418 shares in its portfolio. Utah Retirement Sys holds 50,433 shares or 0.09% of its portfolio. Keybank Natl Association Oh has invested 0.01% in Dollar General Corporation (NYSE:DG). The New York-based Harber Asset Management Ltd Limited Liability Company has invested 2.22% in Dollar General Corporation (NYSE:DG). Lyons Wealth Mngmt Lc has 1.31% invested in Dollar General Corporation (NYSE:DG) for 10,749 shares. 72,480 are held by Kornitzer Mngmt Inc Ks. Moreover, Sii Investments Wi has 0.03% invested in Dollar General Corporation (NYSE:DG) for 7,115 shares.

Since September 12, 2017, it had 0 buys, and 5 selling transactions for $3.04 million activity. $683,092 worth of Dollar General Corporation (NYSE:DG) shares were sold by Kindy Michael J. 2,012 Dollar General Corporation (NYSE:DG) shares with value of $186,747 were sold by ELLIOTT ANITA C. 2,711 shares valued at $251,895 were sold by TAYLOR RHONDA on Tuesday, December 12.

The stock of Dollar General Corporation (NYSE:DG) hit a new 52-week high and has $106.04 target or 7.00 % above today’s $99.10 share price. The 7 months bullish chart indicates low risk for the $26.91B company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $106.04 price target is reached, the company will be worth $1.88B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.93% or $0.91 during the last trading session, reaching $99.1. About 2.33M shares traded. Dollar General Corporation (NYSE:DG) has declined 12.26% since January 14, 2017 and is downtrending. It has underperformed by 28.96% the S&P500.

Analysts await Dollar General Corporation (NYSE:DG) to report earnings on March, 15. They expect $1.45 EPS, down 2.68 % or $0.04 from last year’s $1.49 per share. DG’s profit will be $393.77 million for 17.09 P/E if the $1.45 EPS becomes a reality. After $0.98 actual EPS reported by Dollar General Corporation for the previous quarter, Wall Street now forecasts 47.96 % EPS growth.

Dollar General Corporation (NYSE:DG) Ratings Coverage

Among 29 analysts covering Dollar General Corp. (NYSE:DG), 14 have Buy rating, 3 Sell and 12 Hold. Therefore 48% are positive. Dollar General Corp. has $107 highest and $6200 lowest target. $87.26’s average target is -11.95% below currents $99.1 stock price. Dollar General Corp. had 96 analyst reports since August 13, 2015 according to SRatingsIntel. On Friday, December 8 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. On Friday, May 27 the stock rating was maintained by UBS with “Buy”. Citigroup maintained it with “Buy” rating and $107 target in Friday, June 3 report. The stock of Dollar General Corporation (NYSE:DG) earned “Buy” rating by M Partners on Friday, May 27. On Friday, August 26 the stock rating was maintained by Jefferies with “Hold”. The stock of Dollar General Corporation (NYSE:DG) earned “” rating by BB&T Capital on Friday, November 20. The firm earned “Neutral” rating on Thursday, August 25 by Credit Suisse. Telsey Advisory Group maintained the stock with “Outperform” rating in Friday, May 27 report. The stock of Dollar General Corporation (NYSE:DG) earned “Neutral” rating by Bank of America on Friday, January 13. The stock has “Peer Perform” rating by Wolfe Research on Tuesday, November 10.

More important recent Dollar General Corporation (NYSE:DG) news were published by: Nasdaq.com which released: “Dollar General Corporation (DG) Ex-Dividend Date Scheduled for January 08, 2018” on January 05, 2018, also Seekingalpha.com published article titled: “Dollar General’s Unique Position”, Seekingalpha.com published: “Follow Dollar General Into Battle” on January 10, 2018. More interesting news about Dollar General Corporation (NYSE:DG) was released by: Areadevelopment.com and their article: “Dollar General Corporation Plans Longview, Texas, Distribution Hub” with publication date: December 28, 2017.

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company has market cap of $26.91 billion. The firm offers consumable products, including paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables consisting of milk, eggs, bread, refrigerated and frozen food, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, as well as soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which include pet supplies and pet food; and tobacco products. It has a 21.96 P/E ratio. It also provides seasonal products, including decorations, toys, batteries, small electronics, greeting cards, stationery products, prepaid phones and accessories, gardening supplies, hardware products, and automotive and home office supplies; and home products consisting of kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen products, beds, and bath soft goods.

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