Is there a Bearish outlook for Dollar General Corporation (NYSE:DG) this week?

January 14, 2018 - By Winifred Garcia

 Is there a Bearish outlook for Dollar General Corporation (NYSE:DG) this week?
Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.07, from 0.98 in 2017Q2. It dropped, 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.
1,263 were reported by X Management Limited Liability. Ledyard Bank invested in 53,300 shares. Assetmark Incorporated holds 0% or 426 shares. Gulf Bank & Trust (Uk) Ltd holds 0.1% or 89,804 shares in its portfolio. Moody Bank Division reported 5,646 shares. First Fincl In stated it has 0.08% in Dollar General Corporation (NYSE:DG). Bessemer Grp has invested 0.01% of its portfolio in Dollar General Corporation (NYSE:DG). Aldebaran Fincl stated it has 19,127 shares or 1.07% of all its holdings. Brown Advisory reported 122,188 shares or 0.03% of all its holdings. Dekabank Deutsche Girozentrale owns 0.02% invested in Dollar General Corporation (NYSE:DG) for 33,552 shares. Winslow Evans And Crocker Inc, a Massachusetts-based fund reported 110 shares. 1.51 million were accumulated by Legal & General Gp Plc. Moreover, Canada Pension Plan Board has 0.02% invested in Dollar General Corporation (NYSE:DG) for 102,900 shares. 17,900 were reported by Intrepid Cap Mngmt. Creative Planning reported 6,544 shares.

Since September 12, 2017, it had 0 insider buys, and 5 sales for $3.04 million activity. ELLIOTT ANITA C sold 2,012 shares worth $186,747. Another trade for 11,368 shares valued at $1.06 million was made by Ravener Robert D on Tuesday, December 12. $683,092 worth of Dollar General Corporation (NYSE:DG) was sold by Kindy Michael J on Thursday, December 14.

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. had 96 analyst reports since August 13, 2015 according to SRatingsIntel. Piper Jaffray maintained the stock with “Buy” rating in Thursday, December 7 report. The stock has “Market Perform” rating by BMO Capital Markets on Friday, August 26. The firm earned “Buy” rating on Friday, March 11 by Jefferies. The firm has “Hold” rating given on Friday, August 26 by Jefferies. The stock of Dollar General Corporation (NYSE:DG) earned “Buy” rating by Citigroup on Friday, June 3. maintained the shares of DG in report on Monday, October 10 with “Hold” rating. The firm has “Equal-Weight” rating given on Friday, September 23 by Barclays Capital. Telsey Advisory Group maintained it with “Market Perform” rating and $78 target in Friday, December 2 report. The rating was maintained by Telsey Advisory Group with “Outperform” on Friday, May 27. Deutsche Bank maintained Dollar General Corporation (NYSE:DG) on Friday, April 7 with “Hold” rating. Below is a list of Dollar General Corporation (NYSE:DG) latest ratings and price target changes.

07/12/2017 Broker: Piper Jaffray Rating: Buy New Target: $105.0 Maintain
08/12/2017 Broker: Telsey Advisory Group Rating: Market Perform Old Target: $86.00 New Target: $98.00 Maintain
07/12/2017 Broker: Jefferies Rating: Hold New Target: $85.0 Maintain
07/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $103.0 Maintain
04/12/2017 Broker: Moffett Nathanson Rating: Neutral Initiates Coverage On
04/12/2017 Broker: UBS Rating: Buy New Target: $99.0 Maintain
01/12/2017 Broker: Raymond James Rating: Buy
20/11/2017 Broker: M Partners Rating: Buy New Target: $96.0
16/11/2017 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Upgrade
14/11/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Neutral New Target: $89 Reinitiate

The stock increased 0.93% or $0.91 during the last trading session, reaching $99.1. About 2.33 million 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.

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.

More notable recent Dollar General Corporation (NYSE:DG) news were published by: Seekingalpha.com which released: “Follow Dollar General Into Battle” on January 10, 2018, also Seekingalpha.com with their article: “Dollar General’s Unique Position” published on January 10, 2018, Areadevelopment.com published: “Dollar General Corporation Plans Longview, Texas, Distribution Hub” on December 28, 2017. More interesting news about Dollar General Corporation (NYSE:DG) were released by: Fool.com and their article: “Why Dollar General Corporation Rose 25% in 2017” published on January 11, 2018 as well as Nasdaq.com‘s news article titled: “Dollar General Corporation (DG) Ex-Dividend Date Scheduled for January 08, 2018” with publication date: January 05, 2018.

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