$1.48 EPS Expected for Dollar General Corp. (DG) This Quarter

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Dollar General earned a news sentiment score of 0.07 on Accern's scale. Patten Gru, Tennessee-based fund reported 54,263 shares.

Dollar General said its board has approved a 12% increase in the quarterly dividend to a new rate of 29 USA cents a share from the previous rate of 26 U.S. cents.

On 12/3/2015 Dollar General announced a quarterly dividend of $0.22. Victory Capital Management Inc. boosted its stake in shares of Dollar General by 19.3% in the third quarter. Insiders own 0.32% of the company's stock.

In the fourth quarter ended February 2, the company stocked more fresh produce by installing additional coolers, helping it reel in more customers. Kornitzer Capital Management Inc. Finally, Pineno Levin & Ford Asset Management Inc. purchased a new position in shares of Dollar General during the fourth quarter valued at approximately $205,000. Adjusted net income was $1.23 billion, or $4.49 per diluted share, versus $1.25 billion, or $4.43 per diluted share, in the year prior. Boothbay Fund Limited Liability Corporation owns 0.05% invested in Dollar General Corporation (NYSE:DG) for 3,684 shares. Mitsubishi UFJ Kokusai Asset Management Co. Following the completion of the transaction, the senior vice president now directly owns 14,969 shares of the company's stock, valued at $1,389,422.58.

Several brokerages have recently weighed in on DG. Finally, ValuEngine upgraded shares of Dollar General from a "hold" rating to a "buy" rating in a research report on Thursday, February 8th. They noted that the move was a valuation call. Old Mutual Global (Uk) Limited holds 0.01% in Dollar General Corporation (NYSE:DG) or 12,300 shares. The stock of Dollar General Corporation (NYSE:DG) has "Underperform" rating given on Wednesday, September 7 by Wolfe Research. UBS downgraded the shares of CVE in report on Tuesday, January 26 to "Neutral" rating. Dollar General has an average rating of "Buy" and a consensus target price of $93.74.

Among 6 analysts covering Acxiom Corporation (NASDAQ:ACXM), 5 have Buy rating, 0 Sell and 1 Hold. Raymond James Financial set a $107.00 price target on Dollar General and gave the stock a "buy" rating in a report on Saturday, December 9th.

Shares of Dollar General Corp. (NYSE:DG) opened at $93.44 on Friday. Tyvor Capital Llc who had been investing in Dollar General Corp for a number of months, seems to be bullish on the $24.22 billion market cap company.

Analysts predict that Dollar General Corp. The company has a quick ratio of 0.19, a current ratio of 1.41 and a debt-to-equity ratio of 0.47. TAYLOR RHONDA also sold $251,895 worth of Dollar General Corporation (NYSE:DG) shares. The company reported $1.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.48. Results in the latest fourth quarter got a boost from an income tax benefit of US$113mln that largely was due to the new USA tax laws, as the retailer's effective tax rate fell to 18.9% from 36.8% in the year-earlier fourth quarter. Dollar General had a net margin of 5.31% and a return on equity of 22.58%.

Walmart, which competes with Dollar General and Dollar Tree for low-income customers, also reported weak sales in the fourth quarter, generally the strongest period of the year for retailers, thanks to the holiday shopping season.

Dollar General's fourth-quarter net income jumped to $712.2 million from $414.2 million due to a $311 million gain related to USA tax reforms. Investors of record on Tuesday, January 9th were given a $0.26 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.21%. Longview Partners Guernsey LTD lifted its stake in Dollar General by 41.3% during the 3rd quarter. Dollar General's dividend payout ratio is now 23.06%. Caisse DE Depot ET Placement DU Quebec now owns 7,888,589 shares of the company's stock valued at $642,060,000 after purchasing an additional 178,400 shares in the last quarter.

In other Dollar General news, SVP Michael J. Kindy sold 7,536 shares of the firm's stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $92.82, for a total value of $186,753.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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