Savant Capital LLC Buys Shares of 3,540 Dollar General Co. (NYSE:DG)

Savant Capital LLC purchased a new position in shares of Dollar General Co. (NYSE:DG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,540 shares of the company’s stock, valued at approximately $481,000.

A number of other large investors have also added to or reduced their stakes in DG. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Dollar General in the fourth quarter valued at about $25,000. Studio Investment Management LLC bought a new position in Dollar General during the 3rd quarter worth approximately $26,000. MV Capital Management Inc. lifted its position in shares of Dollar General by 78.0% in the 4th quarter. MV Capital Management Inc. now owns 219 shares of the company’s stock worth $30,000 after purchasing an additional 96 shares during the period. Covestor Ltd increased its position in shares of Dollar General by 48.3% during the third quarter. Covestor Ltd now owns 304 shares of the company’s stock worth $33,000 after buying an additional 99 shares during the period. Finally, Lowe Wealth Advisors LLC bought a new position in Dollar General during the fourth quarter worth $33,000. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on DG shares. Argus upped their price target on shares of Dollar General from $160.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. StockNews.com upgraded Dollar General from a “sell” rating to a “hold” rating in a report on Wednesday, February 14th. BMO Capital Markets increased their price target on Dollar General from $130.00 to $160.00 and gave the stock a “market perform” rating in a report on Friday, March 15th. Wells Fargo & Company boosted their target price on shares of Dollar General from $125.00 to $155.00 and gave the company an “equal weight” rating in a research report on Friday, March 15th. Finally, Evercore ISI dropped their price objective on shares of Dollar General from $162.00 to $160.00 and set an “in-line” rating on the stock in a report on Tuesday, April 2nd. Fifteen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and an average price target of $153.08.

Dollar General Stock Up 0.2 %

DG stock opened at $137.49 on Monday. The company has a current ratio of 1.19, a quick ratio of 0.15 and a debt-to-equity ratio of 0.92. The stock has a market cap of $30.20 billion, a P/E ratio of 18.19, a P/E/G ratio of 2.46 and a beta of 0.44. The stock’s fifty day simple moving average is $150.07 and its two-hundred day simple moving average is $136.83. Dollar General Co. has a 1-year low of $101.09 and a 1-year high of $221.50.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 14th. The company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.09. The business had revenue of $9.86 billion during the quarter, compared to the consensus estimate of $9.77 billion. Dollar General had a return on equity of 26.13% and a net margin of 4.29%. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period last year, the business posted $2.96 earnings per share. Analysts expect that Dollar General Co. will post 7.28 EPS for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend was Monday, April 8th. Dollar General’s dividend payout ratio is presently 31.22%.

Insider Buying and Selling at Dollar General

In other news, EVP Carman R. Wenkoff sold 5,909 shares of the business’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $162.23, for a total transaction of $958,617.07. Following the completion of the transaction, the executive vice president now owns 28,579 shares of the company’s stock, valued at $4,636,371.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Dollar General news, EVP Carman R. Wenkoff sold 5,909 shares of Dollar General stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $162.23, for a total transaction of $958,617.07. Following the transaction, the executive vice president now directly owns 28,579 shares of the company’s stock, valued at $4,636,371.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ralph Santana sold 3,009 shares of the stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of $155.72, for a total value of $468,561.48. Following the sale, the director now owns 3,248 shares of the company’s stock, valued at $505,778.56. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.