Intrepid Capital Management Inc. reduced its stake in shares of Dollar General Corp. (NYSE:DG) by 23.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,733 shares of the company’s stock after selling 4,166 shares during the quarter. Intrepid Capital Management Inc.’s holdings in Dollar General were worth $1,856,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Clean Yield Group bought a new stake in shares of Dollar General during the second quarter worth $26,000. JNBA Financial Advisors grew its holdings in shares of Dollar General by 106.4% during the second quarter. JNBA Financial Advisors now owns 194 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Squar Milner Financial Services LLC grew its holdings in shares of Dollar General by 73.0% during the second quarter. Squar Milner Financial Services LLC now owns 192 shares of the company’s stock worth $26,000 after purchasing an additional 81 shares during the last quarter. Arcadia Investment Management Corp MI bought a new stake in shares of Dollar General during the second quarter worth $27,000. Finally, Penserra Capital Management LLC bought a new stake in shares of Dollar General during the first quarter worth $39,000. Hedge funds and other institutional investors own 92.75% of the company’s stock.
Shares of DG opened at $156.97 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.12 and a debt-to-equity ratio of 1.49. Dollar General Corp. has a 1 year low of $98.08 and a 1 year high of $162.34. The stock has a market cap of $40.39 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 2.16 and a beta of 0.55. The stock’s 50-day moving average price is $142.40 and its two-hundred day moving average price is $130.52.
Dollar General (NYSE:DG) last issued its earnings results on Thursday, August 29th. The company reported $1.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.58 by $0.16. Dollar General had a return on equity of 25.34% and a net margin of 6.11%. The firm had revenue of $6.98 billion for the quarter, compared to analysts’ expectations of $6.89 billion. During the same quarter last year, the business earned $1.52 earnings per share. The company’s revenue was up 8.4% compared to the same quarter last year. As a group, equities analysts forecast that Dollar General Corp. will post 6.59 EPS for the current year.
The business also recently announced a — dividend, which will be paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th will be issued a dividend of $0.32 per share. This represents a yield of 0.8%. The ex-dividend date is Monday, October 7th. Dollar General’s dividend payout ratio (DPR) is currently 21.44%.
Several analysts have recently commented on the company. UBS Group set a $175.00 target price on Dollar General and gave the stock a “buy” rating in a report on Friday, August 30th. Morgan Stanley raised their price target on Dollar General from $142.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, August 30th. Sanford C. Bernstein upgraded Dollar General from a “market perform” rating to an “outperform” rating in a report on Wednesday. Loop Capital reiterated a “buy” rating and issued a $175.00 price target (up previously from $156.00) on shares of Dollar General in a report on Thursday, August 29th. Finally, JPMorgan Chase & Co. raised their price target on Dollar General from $153.00 to $173.00 and gave the company an “overweight” rating in a report on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $158.32.
Dollar General 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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