Todays Report: Today, Bronfman E.L. Rothschild L.P. Buys 1,458 Shares of Dollar General Corp. (DG)

Today, Bronfman E.L. Rothschild L.P. Buys 1,458 Shares of Dollar General Corp. (DG)

Bronfman E.L. Rothschild L.P. increased its stake in Dollar General Corp. (NYSE:DG) by 31.4% during the third quarter, Holdings Channel reports. The institutional investor owned 6,104 shares of the company’s stock after buying an additional 1,458 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Dollar General Corp. were worth $427,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in Dollar General Corp. by 3.6% in the second quarter. JPMorgan Chase & Co. now owns 5,475,274 shares of the company’s stock valued at $514,676,000 after buying an additional 188,188 shares during the period. FMR LLC raised its position in Dollar General Corp. by 22.1% in the second quarter. FMR LLC now owns 5,363,791 shares of the company’s stock valued at $504,197,000 after buying an additional 971,187 shares during the period. BlackRock Fund Advisors raised its position in Dollar General Corp. by 6.0% in the second quarter. BlackRock Fund Advisors now owns 5,096,282 shares of the company’s stock valued at $479,051,000 after buying an additional 290,151 shares during the period. CAM Group Holding A S raised its position in Dollar General Corp. by 3.4% in the third quarter. CAM Group Holding A S now owns 3,699,084 shares of the company’s stock valued at $258,899,000 after buying an additional 122,380 shares during the period. Finally, Bessemer Group Inc. raised its position in Dollar General Corp. by 9.0% in the second quarter. Bessemer Group Inc. now owns 2,542,494 shares of the company’s stock valued at $238,994,000 after buying an additional 209,677 shares during the period. 81.55% of the stock is owned by institutional investors and hedge funds.

Dollar General Corp. (NYSE:DG) opened at 80.3624 on Friday. Dollar General Corp. has a 12 month low of $64.10 and a 12 month high of $96.88. The company has a 50-day moving average of $71.06 and a 200 day moving average of $81.95. The stock has a market capitalization of $22.64 billion, a price-to-earnings ratio of 18.7938 and a beta of 0.80.

A number of analysts recently commented on DG shares. Jefferies Group lowered Dollar General Corp. from a “buy” rating to a “hold” rating and decreased their target price for the company from $101.00 to $96.00 in a research report on Monday, August 15th. They noted that the move was a valuation call. Morgan Stanley reaffirmed a “buy” rating and issued a $97.00 target price on shares of Dollar General Corp. in a research report on Sunday, August 28th. MKM Partners reaffirmed a “buy” rating and issued a $97.00 target price on shares of Dollar General Corp. in a research report on Thursday, August 25th. Zacks Investment Research downgraded Dollar General Corp. from a “hold” rating to a “sell” rating in a research note on Monday, August 29th. Finally, Vetr downgraded Dollar General Corp. from a “strong-buy” rating to a “buy” rating and set a $80.38 price target for the company. in a research note on Thursday, November 10th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $89.36.

In other Dollar General Corp. news, Director Michael M. Calbert purchased 13,000 shares of the company’s stock in a transaction dated Tuesday, August 30th. The shares were acquired at an average price of $75.53 per share, for a total transaction of $981,890.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.22% of the company’s stock.

About Dollar General Corp.

Dollar General Corporation is a discount retailer. The Company 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, and other home cleaning supplies); 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.

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