Today’s Ownership Action: Dollar General Corp Sentiment Worsening on Low Stock Potential

November 28, 2016 - By Marguerite Chambers   ·   0 Comments

Today's Ownership Action: Dollar General Corp Sentiment Worsening on Low Stock Potential

Sentiment for Dollar General Corp (NYSE:DG)

Dollar General Corp (NYSE:DG) institutional sentiment decreased to 0.85 in 2016 Q2. Its down -0.36, from 1.21 in 2016Q1. The ratio worsened, as 309 active investment managers increased or started new equity positions, while 255 sold and decreased their holdings in Dollar General Corp. The active investment managers in our partner’s database now hold: 228.41 million shares, down from 240.47 million shares in 2016Q1. Also, the number of active investment managers holding Dollar General Corp in their top 10 equity positions decreased from 25 to 23 for a decrease of 2. Sold All: 41 Reduced: 214 Increased: 215 New Position: 94.

Dollar General Corporation is a discount retailer. The company has a market cap of $22.66 billion. The Firm offers a selection of merchandise, including consumables, seasonal, home products and apparel. It has a 18.74 P/E ratio. The Company’s consumables category includes paper and cleaning products ; 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.

The stock increased 0.44% or $0.35 on November 25, hitting $80.06. Dollar General Corp. (NYSE:DG) has declined 2.37% since April 25, 2016 and is downtrending. It has underperformed by 8.38% the S&P500.

Analysts await Dollar General Corp. (NYSE:DG) to report earnings on December, 1 before the open. They expect $0.93 earnings per share, up 5.68% or $0.05 from last year’s $0.88 per share. DG’s profit will be $263.23 million for 21.52 P/E if the $0.93 EPS becomes a reality. After $1.08 actual earnings per share reported by Dollar General Corp. for the previous quarter, Wall Street now forecasts -13.89% negative EPS growth.

According to Zacks Investment Research, “Dollar General Corporation is a discount retailer in the United States. The Company separates its merchandise into four categories, which includes highly consumable, seasonal, home products and basic clothing. Highly consumable consists of packaged food, candy, snacks and refrigerated products, health and beauty aids, home cleaning supplies and pet supplies; seasonal consists of seasonal and holiday-related items, toys, stationery and hardware; home products consists of house wares and domestics, and basic clothing consists of casual everyday apparel. Dollar General is among the largest retailers of top-quality products made by America’s most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg’s, General Mills, Nabisco, Fruit of the Loom, PepsiCo and Coca-Cola. The Company store support center is located in Goodlettsville, Tennessee.”

Fox Point Capital Management Llc holds 13.95% of its portfolio in Dollar General Corp. for 62,500 shares. Nebula Capital Management Lp owns 11,932 shares or 8.89% of their US portfolio. Moreover, Incline Global Management Llc has 8.49% invested in the company for 388,286 shares. The Illinois-based Sheffield Asset Management L.L.C. has invested 8.21% in the stock. Timucuan Asset Management Inc Fl, a Florida-based fund reported 878,622 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 2 buys, and 1 insider sale for $1.09 million net activity.

Dollar General Corp. (NYSE:DG) Ratings Coverage

Ratings analysis reveals 50% of Dollar General Corp.’s analysts are positive. Out of 24 Wall Street analysts rating Dollar General Corp., 12 give it “Buy”, 1 “Sell” rating, while 11 recommend “Hold”. The lowest target is $74 while the high is $107. The stock’s average target of $87.65 is 9.48% above today’s ($80.06) share price. DG was included in 52 notes of analysts from August 13, 2015. Macquarie Research maintained the stock with “Outperform” rating in Monday, April 4 report. On Friday, May 27 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Accumulate” rating by Johnson Rice given on Friday, August 26. The stock of Dollar General Corp. (NYSE:DG) earned “Hold” rating by Jefferies on Monday, August 15. The stock of Dollar General Corp. (NYSE:DG) has “” rating given on Friday, November 20 by BB&T Capital. The firm has “Underperform” rating given on Wednesday, September 7 by Wolfe Research. As per Friday, May 27, the company rating was maintained by M Partners. UBS maintained the shares of DG in a report on Friday, May 27 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, May 27. Buckingham Research initiated the shares of DG in a report on Tuesday, February 23 with “Buy” rating.

DG Company Profile

Dollar General Corporation, incorporated on May 29, 1998, is a discount retailer. The Firm 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, paper dinnerware, trash and storage bags, laundry and other home cleaning supplies); packaged food (such as cereals, canned soups and vegetables, condiments, spices, sugar and flour); perishables (such as milk, eggs, bread, frozen meals, beer and wine); snacks (such as candy, cookies, crackers, salty snacks and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products, such as soap, body wash, shampoo, dental hygiene and foot care products); pet (such as pet supplies and pet food), and tobacco products. The Company’s seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. The Company’s home products include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods. The Company’s apparel products include casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories.

More important recent Dollar General Corp. (NYSE:DG) news were published by: Fool.com which released: “Why Dollar General Corp. Shares Slipped” on August 25, 2016, also Fool.com published article titled: “Can Dollar General Corp. Succeed Where Wal-Mart Stores Inc. Failed?”, Fool.com published: “Better Buy: Wal-Mart Stores, Inc. vs. Dollar General Corp.” on May 04, 2016. More interesting news about Dollar General Corp. (NYSE:DG) was released by: Forbes.com and their article: “Dollar General Becomes Oversold” with publication date: September 16, 2016.

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By Marguerite Chambers


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