Dollar General (DG) Gets JP Morgan Higher Rating; CARREFOUR S A F ORDINARY SHARES (CRERF) Shorts Increased By 4.01%

April 17, 2018 - By Adrian Erickson

Dollar General Corporation (NYSE:DG) Logo

Dollar General (NYSE:DG)‘s “Neutral” rating is no longer valid. Research analysts at JP Morgan raised DG’s rating to a “Overweight”.

CARREFOUR S A F ORDINARY SHARES (OTCMKTS:CRERF) had an increase of 4.01% in short interest. CRERF’s SI was 742,400 shares in April as released by FINRA. Its up 4.01% from 713,800 shares previously. With 2,000 avg volume, 371 days are for CARREFOUR S A F ORDINARY SHARES (OTCMKTS:CRERF)’s short sellers to cover CRERF’s short positions. The SI to CARREFOUR S A F ORDINARY SHARES’s float is 0.14%. The stock decreased 0.45% or $0.09 during the last trading session, reaching $19.76. About 869 shares traded. Carrefour SA (OTCMKTS:CRERF) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Dollar General Corporation (NYSE:DG) to report earnings on June, 7. They expect $1.39 EPS, up 34.95% or $0.36 from last year’s $1.03 per share. DG’s profit will be $373.28M for 17.91 P/E if the $1.39 EPS becomes a reality. After $1.48 actual EPS reported by Dollar General Corporation for the previous quarter, Wall Street now forecasts -6.08% negative EPS growth.

Investors sentiment increased to 1.17 in Q4 2017. Its up 0.26, from 0.91 in 2017Q3. It increased, as 34 investors sold Dollar General Corporation shares while 200 reduced holdings. 109 funds opened positions while 164 raised stakes. 233.50 million shares or 1.53% less from 237.14 million shares in 2017Q3 were reported. Jfs Wealth Ltd Com stated it has 64 shares. Lombard Odier Asset Mngmt (Europe), United Kingdom-based fund reported 3,069 shares. Raymond James Associate stated it has 0.02% of its portfolio in Dollar General Corporation (NYSE:DG). Jpmorgan Chase And Co has 0.02% invested in Dollar General Corporation (NYSE:DG). Lmr Ptnrs Llp owns 5,004 shares for 0.05% of their portfolio. 1.83 million are owned by Goldman Sachs Grp Inc. New York-based M&T Fincl Bank Corporation has invested 0.03% in Dollar General Corporation (NYSE:DG). Ls Advsrs Limited Liability stated it has 7,187 shares or 0.04% of all its holdings. Highbridge Cap Mngmt Limited Co, a New York-based fund reported 96,458 shares. Comerica Bank & Trust invested 0.05% in Dollar General Corporation (NYSE:DG). Mai Capital Mngmt owns 2,342 shares or 0.01% of their US portfolio. State Teachers Retirement holds 411,912 shares. Dimensional Fund Limited Partnership owns 1.30M shares. Fmr accumulated 0.06% or 5.15 million shares. Pggm Invs invested in 632,700 shares.

Among 31 analysts covering Dollar General Corp. (NYSE:DG), 19 have Buy rating, 2 Sell and 10 Hold. Therefore 61% are positive. Dollar General Corp. has $121 highest and $6200 lowest target. $92.54’s average target is -7.09% below currents $99.6 stock price. Dollar General Corp. had 109 analyst reports since August 13, 2015 according to SRatingsIntel. Wells Fargo upgraded the stock to “Outperform” rating in Tuesday, January 23 report. Jefferies maintained the shares of DG in report on Tuesday, August 22 with “Hold” rating. The stock of Dollar General Corporation (NYSE:DG) has “Outperform” rating given on Wednesday, December 2 by RBC Capital Markets. The rating was maintained by Citigroup on Wednesday, August 31 with “Buy”. The rating was maintained by RBC Capital Markets on Friday, September 8 with “Buy”. Wells Fargo maintained the stock with “Outperform” rating in Tuesday, February 27 report. The firm has “Buy” rating by Piper Jaffray given on Thursday, March 15. On Thursday, August 31 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. As per Thursday, December 7, the company rating was maintained by Piper Jaffray. On Friday, March 11 the stock rating was maintained by Jefferies with “Buy”.

The stock increased 2.61% or $2.53 during the last trading session, reaching $99.6. About 1.58M shares traded. Dollar General Corporation (NYSE:DG) has risen 34.01% since April 17, 2017 and is uptrending. It has outperformed by 22.46% the S&P500.

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company has market cap of $26.75 billion. The firm offers consumable products, including paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables consisting of milk, eggs, bread, refrigerated and frozen food, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, as well as soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which include pet supplies and pet food; and tobacco products. It has a 17.69 P/E ratio. It also provides seasonal products, including decorations, toys, batteries, small electronics, greeting cards, stationery products, prepaid phones and accessories, gardening supplies, hardware products, and automotive and home office supplies; and home products consisting of kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen products, beds, and bath soft goods.

Since December 12, 2017, it had 0 insider buys, and 6 insider sales for $3.12 million activity. 11,368 shares were sold by Ravener Robert D, worth $1.06 million. 2,711 shares were sold by TAYLOR RHONDA, worth $251,895. $181,159 worth of stock was sold by ELLIOTT ANITA C on Tuesday, April 10. Kindy Michael J had sold 8,221 shares worth $764,931 on Monday, March 26.

Carrefour SA operates as a multi-local, multi-format, multi-channel retailer primarily in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company has market cap of $14.87 billion. The firm operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce Websites, as well as m-commerce channels; and service stations. It currently has negative earnings. The Company’s stores offer fresh produce; local products; consumer goods; and non-food products, including small household goods, textiles, and home appliances.

Dollar General Corporation (NYSE:DG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: