Ridgewood Investments LLC Purchases Shares of 3555 Dollar General Corp. (DG)

Lloyd Doyle
January 16, 2018

Capital International Investors acquired a new stake in shares of Dollar General Corporation during the third quarter valued at approximately $279,400,000.

Shares of Dollar General (NYSE:DG) traded up $0.91 during midday trading on Thursday, hitting $99.10.

The most recent open market insider trade was Sell of 2,012 shares on a day where the closing price was 92.82. Dollar General Corporation (NYSE:DG) has declined 12.26% since January 15, 2017 and is downtrending. It has underperformed by 72.95% the S&P500.

FARO Technologies Inc. designs, develops, makes, markets, and supports software driven, three-dimensional measurement, imaging, and realization systems for manufacturing, industrial, architecture, surveying, building information modeling, construction, public safety, cultural heritage, and other applications. The firm offers FaroArm, a combination of six or seven-axis, articulated measurement arm, a computer, and CAM2 software programs; and FARO Laser ScanArm, a FaroArm equipped with a hard probe and non-contact laser line probe to measure products without touching them, as well as offers a seven-axis contact/non-contact measurement device with an integrated laser scanner. It has a 14.95 P/E ratio. They expect $0.05 earnings per share, up 350.00% or $0.07 from last year's $-0.02 per share. Dollar General Corporation's EPS is 4.51.

Since September 12, 2017, it had 0 buys, and 5 sales for $3.04 million activity. ELLIOTT ANITA C sold $186,747 worth of stock. Also, SVP Michael J. Kindy sold 7,536 shares of Dollar General stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $77.32, for a total value of $492,992.32. Exxonmobil Invest Management Tx has invested 0.1% in Dollar General Corporation (NYSE:DG).

Investors sentiment increased to 1.08 in Q3 2017. Its down 0.07, from 0.98 in 2017Q2.

A number of other institutional investors have also recently added to or reduced their stakes in DG. Following the sale, the senior vice president now directly owns 14,969 shares in the company, valued at approximately $1,389,422.58. Dollar General has an average rating of Hold and an average price target of $86.54. Delta Cap reported 19,819 shares stake. Teachers Retirement Of The State Of Kentucky reported 28,051 shares or 0.03% of all its holdings. Aqr Cap Mgmt Lc holds 0.2% or 801,890 shares in its portfolio. Gotham Asset Llc holds 0.18% or 151,332 shares. The stock of Dollar General Corporation (NYSE:DG) earned "Buy" rating by Citigroup on Friday, June 3. Johnson Fincl Grp Incorporated owns 10,804 shares for 0.12% of their portfolio. Fifth Third Bancorp owns 303 shares or 0% of their U.S. portfolio. Fmr Limited Liability Company has 0.06% invested in Dollar General Corporation (NYSE:DG) for 5.67M shares. South Dakota Council, a South Dakota-based fund reported 34,900 shares. Exane Derivatives holds 0% or 3 shares. Moreover, Sprucegrove Investment Management Ltd has 0.41% invested in the company for 5.40 million shares. Spark Inv Management Limited Liability Corp holds 0.42% or 95,700 shares. Sfe Counsel holds 0.09% or 992 shares. Dollar General's revenue was up 11.0% on a year-over-year basis. sell-side analysts forecast that Dollar General will post 4.48 earnings per share for the current year. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have issued a buy rating to the company. Therefore 71% are positive. Also Cnbc.com published the news titled: "Cramer's lightning round: Wait for General Dynamicsâ€"it's about to move higher" on January 10, 2018". Buckingham Research now has a $98.00 price target on the stock, up from their previous price target of $93.00. Dollar General Corp. had 96 analyst reports since August 13, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of DG in report on Wednesday, October 7 with "Buy" rating. The firm has "Hold" rating given on Thursday, August 31 by KeyBanc Capital Markets. As per Monday, October 23, the company rating was maintained by Robert W. Baird. The firm has "Buy" rating by UBS given on Friday, January 6. As per Friday, August 28, the company rating was maintained by RBC Capital Markets. The firm has "Reduce" rating by Gordon Haskett given on Tuesday, May 9. The firm has "Buy" rating given on Friday, August 26 by Loop Capital. Wolfe Research upgraded shares of Dollar General from an "underperform" rating to an "outperform" rating in a research note on Wednesday, December 20th. The stock increased 2.47% or $5.08 during the last trading session, reaching $210.59. About 54,268 shares traded. (GS) has risen 39.23% since January 15, 2017 and is uptrending. Parsec Financial Management Inc. now owns 40,590 shares of the company's stock worth $3,290,000 after acquiring an additional 4,312 shares in the last quarter. Following the completion of the transaction, the senior vice president now owns 7,578 shares in the company, valued at approximately $686,869.92. Denver Advsr Limited Co holds 24,395 shares.

Telemus Capital Llc decreased Ansys Inc (NASDAQ:ANSS) stake by 6,268 shares to 19,470 valued at $2.39M in 2017Q3. The institutional investor held 170,261 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $13.80 million, up from 117,156 at the end of the previous reported quarter.

Analysts await Denbury Resources Inc. (NASDAQ:MAR) to report earnings on February, 21. In the last quarter, insiders sold 20,916 shares of company stock worth $1,924,881. FARO's profit will be $6.02M for 36.42 P/E if the $0.36 EPS becomes a reality.

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