Price Action Don’t Lie: How Analysts Feel About Dollar General Corp. After Today’s Big Increase?

Price Action Don't Lie: How Analysts Feel About Dollar General Corp. After Today's Big Increase?

The stock of Dollar General Corp. (NYSE:DG) is a huge mover today! About 1.67M shares traded hands. Dollar General Corp. (NYSE:DG) has declined 10.73% since March 3, 2016 and is downtrending. It has underperformed by 19.07% the S&P500.
The move comes after 6 months positive chart setup for the $18.92B company. It was reported on Oct, 6 by Barchart.com. We have $114.64 PT which if reached, will make NYSE:DG worth $12.87B more.

Dollar General Corp. (NYSE:DG) Ratings Coverage

Out of 22 analysts covering Dollar General Corp. (NYSE:DG), 12 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 55% are positive. Dollar General Corp. has been the topic of 50 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The firm earned “Overweight” rating on Tuesday, November 3 by Piper Jaffray. The stock of Dollar General Corp. (NYSE:DG) earned “Neutral” rating by Goldman Sachs on Tuesday, September 6. UBS maintained the shares of DG in a report on Friday, August 26 with “Buy” rating. The firm has “Neutral” rating given on Thursday, August 25 by Credit Suisse. The firm has “Buy” rating by Citigroup given on Wednesday, August 31. Barclays Capital initiated it with “Equal-Weight” rating and $74 target price in Friday, September 23 report. The firm earned “Equal-Weight” rating on Friday, March 11 by Barclays Capital. The firm has “Hold” rating by Jefferies given on Monday, August 15. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, February 16 report. The rating was maintained by Macquarie Research on Friday, August 26 with “Outperform”.

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.”

Insitutional Activity: The institutional sentiment decreased to 1.21 in 2016 Q2. Its down 0.04, from 1.25 in 2016Q1. The ratio fall, as 41 funds sold all Dollar General Corp. shares owned while 214 reduced positions. 94 funds bought stakes while 215 increased positions. They now own 228.41 million shares or 5.02% less from 240.47 million shares in 2016Q1.
The Australia-based Amp Invsts Limited has invested 0.16% in Dollar General Corp. (NYSE:DG). Swiss Fincl Bank last reported 1.01M shares in the company. The Germany-based Deutsche Retail Bank Ag has invested 0.16% in Dollar General Corp. (NYSE:DG). Moreover, United Service Automobile Association has 0.16% invested in Dollar General Corp. (NYSE:DG) for 481,873 shares. Whittier Trust Of Nevada has 0.05% invested in the company for 4,445 shares. Moreover, Advsr Asset Mgmt has 0.04% invested in Dollar General Corp. (NYSE:DG) for 26,448 shares. First Mercantile Tru has 8,136 shares for 0.1% of their US portfolio. Blackrock Mngmt Lc has invested 0.35% of its portfolio in Dollar General Corp. (NYSE:DG). Meiji Yasuda Asset Management holds 0.2% or 14,633 shares in its portfolio. Ballentine Prns reported 3,337 shares or 0.03% of all its holdings. Bokf Na has invested 0.1% of its portfolio in Dollar General Corp. (NYSE:DG). Nationwide Fund Advsr, a Pennsylvania-based fund reported 81,570 shares. Suntrust Banks Inc accumulated 0.03% or 53,307 shares. Kdi Capital Prns Ltd Liability Corporation last reported 4.51% of its portfolio in the stock. Teachers Retirement Sys Of The State Of Kentucky, a Kentucky-based fund reported 191,301 shares.

Insider Transactions: Since April 7, 2016, the stock had 2 insider purchases, and 1 insider sale for $1.09 million net activity. Flanigan John W sold 35,196 shares worth $2.89M. Another trade for 2,947 shares valued at $268,512 was sold by ELLIOTT ANITA C. Another trade for 13,000 shares valued at $981,886 was bought by CALBERT MICHAEL M. RHODES WILLIAM C III had bought 5,000 shares worth $381,485 on Friday, August 26.

More news for Dollar General Corp. (NYSE:DG) were recently published by: Fool.com, which released: “Why Dollar General Corp. Shares Slipped” on August 25, 2016. Investorplace.com‘s article titled: “Trade of the Day: Dollar General Corp. (NYSE:DG)” and published on September 22, 2016 is yet another important article.

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.

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