Oppenheimer Asset Management Inc. Takes $33.65 Million Position in Dollar General Corporation $DG

·15 Aug
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Oppenheimer Asset Management Inc. has acquired a new position of 292,319 shares in Dollar General Corporation, valued at approximately $33.65 million, representing a 0.13% stake in the company. Institutional investors and hedge funds collectively own 91.77% of Dollar General. Despite recent price target reductions from analysts, with an average target of $130.42 and a "Hold" rating, Dollar General recently surpassed earnings expectations with an EPS of $2.00 and revenue of $10.79 billion, while maintaining a quarterly dividend of $0.59 per share.

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