Dollar Gen Corp New (DG) Market Value Declined While Dorsal Capital Management LLC Lowered by $20.25 Million Its Stake

January 21, 2018 - By Marguerite Chambers

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.07, from 0.98 in 2017Q2. It fall, as 58 investors sold DG 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. Coho Prtnrs has invested 4.68% in Dollar General Corporation (NYSE:DG). Natixis owns 4,623 shares for 0% of their portfolio. Ibm Retirement Fund accumulated 7,025 shares. Mackenzie Corp reported 0.01% stake. The Japan-based Sumitomo Mitsui has invested 0.09% in Dollar General Corporation (NYSE:DG). 234,090 were accumulated by Nexus Invest Incorporated. Shell Asset Co owns 155,283 shares for 0.16% of their portfolio. Lateef Invest LP holds 3.83% of its portfolio in Dollar General Corporation (NYSE:DG) for 527,087 shares. Moreover, Bluecrest Capital Ltd has 0.17% invested in Dollar General Corporation (NYSE:DG) for 52,496 shares. Kings Point Management has 300 shares. Van Eck Assocs Corporation, a New York-based fund reported 22,974 shares. holds 0.62% or 6.43M shares in its portfolio. Madison Inv Inc, Wisconsin-based fund reported 845,481 shares. Qs Ltd Liability accumulated 10,294 shares. Gulf Fincl Bank (Uk) Ltd owns 89,804 shares.

Since September 12, 2017, it had 0 insider purchases, and 5 sales for $3.04 million activity. ELLIOTT ANITA C sold $186,747 worth of stock. Another trade for 11,368 shares valued at $1.06 million was sold by Ravener Robert D. Kindy Michael J sold $683,092 worth of stock or 7,536 shares.

Ryan Frick decreased its stake in Dollar Gen Corp New (DG) by 16.67% based on its latest 2017Q3 regulatory filing with the SEC. Dorsal Capital Management Llc sold 250,000 shares as the company’s stock declined 7.36% while stock markets rallied. The hedge fund run by Ryan Frick held 1.25 million shares of the department and specialty retail stores company at the end of 2017Q3, valued at $101.31M, down from 1.50M at the end of the previous reported quarter. Dorsal Capital Management Llc who had been investing in Dollar Gen Corp New for a number of months, seems to be less bullish one the $27.69B market cap company. The stock increased 0.94% or $0.95 during the last trading session, reaching $101.98. About 1.87 million shares traded. Dollar General Corporation (NYSE:DG) has declined 12.26% since January 21, 2017 and is downtrending. It has underperformed by 28.96% the S&P500.

Dorsal Capital Management Llc, which manages about $1.15 billion and $1.92 billion US Long portfolio, upped its stake in Commscope Hldg Co Inc (NASDAQ:COMM) by 150,000 shares to 2.15 million shares, valued at $71.40 million in 2017Q3, according to the filing. It also increased its holding in Cbs Corp New (NYSE:CBS) by 150,000 shares in the quarter, for a total of 1.35M shares, and has risen its stake in Altaba Inc.

Analysts await Dollar General Corporation (NYSE:DG) to report earnings on March, 15. They expect $1.45 earnings per share, down 2.68 % or $0.04 from last year’s $1.49 per share. DG’s profit will be $393.77 million for 17.58 P/E if the $1.45 EPS becomes a reality. After $0.98 actual earnings per share reported by Dollar General Corporation for the previous quarter, Wall Street now forecasts 47.96 % EPS growth.

More notable recent Dollar General Corporation (NYSE:DG) news were published by: Fool.com which released: “5 Fascinating Facts About Dollar General Investors Should Know” on December 27, 2017, also Seekingalpha.com with their article: “Dollar General’s Unique Position” published on January 10, 2018, Nasdaq.com published: “Dollar General Corporation (DG) Ex-Dividend Date Scheduled for January 08, 2018” on January 05, 2018. More interesting news about Dollar General Corporation (NYSE:DG) were released by: Seekingalpha.com and their article: “Follow Dollar General Into Battle” published on January 10, 2018 as well as Fool.com‘s news article titled: “Why Dollar General Corporation Rose 25% in 2017” with publication date: January 11, 2018.

Dollar General Corporation (NYSE:DG) Ratings Coverage

Among 30 analysts covering Dollar General Corp. (NYSE:DG), 15 have Buy rating, 3 Sell and 12 Hold. Therefore 50% are positive. Dollar General Corp. had 97 analyst reports since August 13, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of DG in report on Thursday, June 1 with “Hold” rating. The firm has “Outperform” rating given on Friday, August 26 by Macquarie Research. On Friday, May 27 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 9. RBC Capital Markets maintained Dollar General Corporation (NYSE:DG) on Friday, May 27 with “Outperform” rating. The company was maintained on Friday, May 27 by Jefferies. The stock has “Market Perform” rating by Telsey Advisory Group on Friday, August 26. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, February 16. The stock of Dollar General Corporation (NYSE:DG) has “Buy” rating given on Thursday, November 16 by Deutsche Bank. As per Friday, November 10, the company rating was maintained by RBC Capital Markets.

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