Dollar General Corporation (NYSE:DG) Moves into Overbought Territory

Lloyd Doyle
January 23, 2018

A public company's latest 13F filings tell investors important details about institutional ownership. Harber Asset Management Llc who had been investing in Dollar Gen Corp New for a number of months, seems to be less bullish one the $27.68 billion market cap company.

In other news, EVP Robert D. Ravener sold 11,368 shares of the company's stock in a transaction dated Tuesday, December 12th. About 7.31 million shares traded or 34.93% up from the average. It is down 32.03% since January 22, 2017 and is uptrending. It has underperformed by 5.63% the S&P500.

Longview Partners Guernsey Ltd increased its stake in Dollar Gen Corp New (DG) by 41.32% based on its latest 2017Q3 regulatory filing with the SEC. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company's stock worth $146,000 after purchasing an additional 48 shares in the last quarter. The hedge fund held 1.21M shares of the department and specialty retail stores company at the end of 2017Q3, valued at $97.76M, down from 1.51 million at the end of the previous reported quarter.

Ridgewood Investments LLC bought a new position in Dollar General Corp. The stock increased 0.03% or $0.03 during the last trading session, reaching $102.01. About 1.87 million shares traded. It has underperformed by 28.96% the S&P500. Calamos Advsr Ltd reported 44,979 shares stake. It also increased its holding in Ishares Core S&P 500 Etf (IVV) by 5,323 shares in the quarter, for a total of 21,707 shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

Among 28 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 9 Hold. Therefore 37% are positive. Goldman Sachs upgraded the stock to "Conviction Buy List" rating in Friday, November 13 report. As per Friday, March 11, the company rating was maintained by Barclays Capital. The stock has "Overweight" rating by Morgan Stanley on Tuesday, February 16. On Thursday, June 1 the stock rating was maintained by BMO Capital Markets with "Hold". The firm has "Buy" rating by Oppenheimer given on Monday, June 26. The firm has "Buy" rating by Piper Jaffray given on Friday, September 29. The firm earned "Buy" rating on Thursday, November 16 by Deutsche Bank. They expect $1.45 earnings per share, down 2.68% or $0.04 from last year's $1.49 per share. MLNX's profit will be $17.83 million for 46.96 P/E if the $0.35 EPS becomes a reality. During the same quarter in the previous year, the company posted $0.89 EPS.

Investors sentiment increased to 1.12 in 2017 Q3. Its down 0.07, from 0.98 in 2017Q2. It dropped, as 112 investors sold GE shares while 818 reduced holdings. 109 funds opened positions while 414 raised stakes. Family Management Corp owns 49,466 shares for 2.63% of their portfolio. Insiders sold a total of 20,916 shares of company stock worth $1,924,881 over the last three months. Oppenheimer And accumulated 0.01% or 3,606 shares. Alpine Woods Cap Investors Lc accumulated 156,800 shares. Tru Asset Ltd has invested 0.03% in General Electric Company (NYSE:GE). Hartford Investment Mgmt holds 56,165 shares or 0.09% of its portfolio. Patten Gp Incorporated invested 0.74% in Medtronic plc (NYSE:MDT). Adirondack Co holds 1.29% of its portfolio in General Electric Company (NYSE:GE) for 67,731 shares. Greenleaf owns 80,156 shares.

COPYRIGHT VIOLATION NOTICE: "Ridgewood Investments LLC Invests $331,000 in Dollar General Corp". Two analysts have rated the stock with a sell rating, twelve have given a hold rating and fifteen have given a buy rating to the company's stock. The business's quarterly revenue was up 11.0% on a year-over-year basis. equities analysts forecast that Dollar General Corp. will post 4.49 EPS for the current year.

In the past 52-week period, shares of Dollar General Corporation (NYSE:DG) have moved within the range of $65.97 to $101.26. Dollar General had a return on equity of 22.58% and a net margin of 5.31%. They now have a $98.00 price objective on the stock, up from their prior price objective of $93.00. The stock of Dollar General Corporation (NYSE:DG) has "Neutral" rating given on Thursday, August 25 by Credit Suisse. Morgan Stanley maintained the stock with "Equal-Weight" rating in Monday, October 2 report.

Dollar General Corporation (DG) now trades with a market capitalization of $27.77 Billion. Dollar General Corporation's revenue for the quarter was up 6.5% compared to the same quarter previous year. As per Friday, May 27, the company rating was maintained by Jefferies. UBS Group reiterated a "buy" rating and issued a $99.00 price target (up previously from $85.00) on shares of Dollar General in a report on Monday, December 4th.

Since September 12, 2017, it had 0 insider buys, and 5 sales for $3.04 million activity. Its down 0.10, from 0.79 in 2017Q2. It is negative, as 58 investors sold DG shares while 187 reduced holdings. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Dollar General by 2.3% during the third quarter. The 1-year high was reported on Jan, 21 by Oakworth holds 0.34% of its portfolio in General Electric Company (NYSE:GE) for 54,403 shares. Vanguard Group Inc. boosted its position in Dollar General by 1.8% in the second quarter. Hermes Inv Mngmt Ltd owns 4,700 shares or 0.01% of their United States portfolio.

Dollar General Corporation is a discount retailer. State Teachers Retirement Systems owns 414,912 shares. Agf Invs holds 250,623 shares. Nine Masts has invested 0.23% in General Electric Company (NYSE:GE). Menora Mivtachim Holdings Ltd. owns 1.83 million shares or 3.51% of their U.S. portfolio.

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