Dollar General Corp.’s Trend Up, Especially After This Options Activity

 Dollar General Corp.'s Trend Up, Especially After This Options Activity

In today’s session Dollar General Corp. (DG) registered an unusually high (2,097) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious DG increase. With 2,097 contracts traded and 184 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: DG161021C00067500 closed last at: $1.2 or 31.4% down. About 552,089 shares traded hands. Dollar General Corp. (NYSE:DG) has declined 7.79% since March 4, 2016 and is downtrending. It has underperformed by 15.82% the S&P500.

Dollar General Corp. (NYSE:DG) Ratings Coverage

Out of 22 analysts covering Dollar General Corp. (NYSE:DG), 12 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 55% are positive. $107 is the highest target while $74 is the lowest. The $88.21 average target is 27.16% above today’s ($69.37) stock price. Dollar General Corp. has been the topic of 50 analyst reports since August 13, 2015 according to StockzIntelligence Inc. Buckingham Research initiated Dollar General Corp. (NYSE:DG) rating on Tuesday, February 23. Buckingham Research has “Buy” rating and $94 price target. The stock of Dollar General Corp. (NYSE:DG) earned “Outperform” rating by RBC Capital Markets on Friday, May 27. On Tuesday, November 10 the stock rating was downgraded by Wolfe Research to “Peer Perform”. As per Friday, June 3, the company rating was maintained by Citigroup. The company was maintained on Friday, March 11 by Jefferies. The stock of Dollar General Corp. (NYSE:DG) earned “Overweight” rating by Morgan Stanley on Tuesday, February 16. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, August 28. The firm has “Buy” rating given on Monday, March 28 by Stifel Nicolaus. The firm has “Outperform” rating by Credit Suisse given on Friday, May 27. BB&T Capital upgraded Dollar General Corp. (NYSE:DG) on Friday, November 20 to “” rating.

According to Zacks Investment Research, “Dollar General Corporation is a discount retailer in the United States. The Company separates its merchandise into four categories, which includes highly consumable, seasonal, home products and basic clothing. Highly consumable consists of packaged food, candy, snacks and refrigerated products, health and beauty aids, home cleaning supplies and pet supplies; seasonal consists of seasonal and holiday-related items, toys, stationery and hardware; home products consists of house wares and domestics, and basic clothing consists of casual everyday apparel. Dollar General is among the largest retailers of top-quality products made by America’s most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg’s, General Mills, Nabisco, Fruit of the Loom, PepsiCo and Coca-Cola. The Company store support center is located in Goodlettsville, Tennessee.”

Insitutional Activity: The institutional sentiment decreased to 1.21 in Q2 2016. Its down 0.04, from 1.25 in 2016Q1. The ratio is negative, as 41 funds sold all Dollar General Corp. shares owned while 214 reduced positions. 94 funds bought stakes while 215 increased positions. They now own 228.41 million shares or 5.02% less from 240.47 million shares in 2016Q1.
Massmutual Trust Fsb Adv holds 0% of its portfolio in Dollar General Corp. (NYSE:DG) for 200 shares. Ing Groep Nv last reported 0% of its portfolio in the stock. Avalon Limited Liability Co holds 0.05% or 13,456 shares in its portfolio. Van Eck Assocs accumulated 53,939 shares or 0.03% of the stock. Glenmede Trust Communications Na reported 207,828 shares or 0.12% of all its holdings. Palisade Management Lc Nj reported 5,116 shares or 0.02% of all its holdings. Lombard Odier Asset Management (Switzerland) reported 2,636 shares or 0.03% of all its holdings. Edgewood Mngmt Limited Liability Company has invested 0.01% of its portfolio in Dollar General Corp. (NYSE:DG). Alkeon Capital Ltd Company holds 3.11% or 1.71M shares in its portfolio. Thrivent Fincl For Lutherans accumulated 141,100 shares or 0.06% of the stock. Wesbanco Natl Bank has 13,900 shares for 0.08% of their US portfolio. Laurion Management Ltd Partnership accumulated 24,900 shares or 0.04% of the stock. Moreover, Cowen Group Inc has 0.02% invested in Dollar General Corp. (NYSE:DG) for 2,500 shares. Livingston Gru Asset (Operating As Southport Capital Management) last reported 0% of its portfolio in the stock. Kelly Lawrence W Associate Ca last reported 75 shares in the company.

Insider Transactions: Since April 8, 2016, the stock had 2 buys, and 1 insider sale for $1.09 million net activity. Flanigan John W had sold 35,196 shares worth $2.89 million. 2,947 shares with value of $268,512 were sold by ELLIOTT ANITA C on Friday, June 3. Another trade for 5,000 shares valued at $381,485 was made by RHODES WILLIAM C III on Friday, August 26. On Tuesday, August 30 CALBERT MICHAEL M bought $981,886 worth of the stock or 13,000 shares.

Dollar General Corporation is a discount retailer. The company has a market cap of $20.15 billion. The Firm offers a selection of merchandise, including consumables, seasonal, home products and apparel. It has a 16.24 P/E ratio. The Company’s consumables category includes paper and cleaning products ; 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.

DG Company Profile

Dollar General Corporation, incorporated on May 29, 1998, is a discount retailer. The Firm 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, paper dinnerware, trash and storage bags, laundry and other home cleaning supplies); packaged food (such as cereals, canned soups and vegetables, condiments, spices, sugar and flour); perishables (such as milk, eggs, bread, frozen meals, beer and wine); snacks (such as candy, cookies, crackers, salty snacks and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products, such as soap, body wash, shampoo, dental hygiene and foot care products); pet (such as pet supplies and pet food), and tobacco products. The Company’s seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. The Company’s home products include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods. The Company’s apparel products include casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories.

More news for Dollar General Corp. (NYSE:DG) were recently published by: Fool.com, which released: “Why Dollar General Corp. Shares Slipped” on August 25, 2016. Investorplace.com‘s article titled: “Trade of the Day: Dollar General Corp. (NYSE:DG)” and published on September 22, 2016 is yet another important article.

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