Dollar General Co. (NYSE:DG) Stock Holdings Increased by Prudential PLC

Prudential PLC lifted its holdings in Dollar General Co. (NYSE:DGFree Report) by 13.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,385 shares of the company’s stock after purchasing an additional 1,135 shares during the quarter. Prudential PLC’s holdings in Dollar General were worth $1,276,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of DG. ORG Partners LLC increased its position in shares of Dollar General by 13.2% during the 4th quarter. ORG Partners LLC now owns 754 shares of the company’s stock valued at $103,000 after purchasing an additional 88 shares during the period. Horrell Capital Management Inc. raised its position in Dollar General by 0.3% in the fourth quarter. Horrell Capital Management Inc. now owns 29,224 shares of the company’s stock worth $3,973,000 after acquiring an additional 94 shares in the last quarter. MV Capital Management Inc. lifted its holdings in Dollar General by 78.0% in the 4th quarter. MV Capital Management Inc. now owns 219 shares of the company’s stock valued at $30,000 after acquiring an additional 96 shares during the last quarter. Covestor Ltd boosted its position in shares of Dollar General by 48.3% during the 3rd quarter. Covestor Ltd now owns 304 shares of the company’s stock valued at $33,000 after purchasing an additional 99 shares in the last quarter. Finally, Czech National Bank grew its stake in shares of Dollar General by 0.3% in the 4th quarter. Czech National Bank now owns 38,439 shares of the company’s stock worth $5,226,000 after purchasing an additional 102 shares during the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Up 0.9 %

DG stock opened at $127.72 on Tuesday. The stock has a market capitalization of $28.09 billion, a price-to-earnings ratio of 18.59, a price-to-earnings-growth ratio of 2.49 and a beta of 0.45. The company has a 50-day moving average of $142.48 and a two-hundred day moving average of $140.25. Dollar General Co. has a 52-week low of $101.09 and a 52-week high of $173.47. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.22 and a quick ratio of 0.18.

Dollar General (NYSE:DGGet Free Report) last announced its earnings results on Thursday, May 30th. The company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.08. Dollar General had a return on equity of 22.80% and a net margin of 3.85%. The firm had revenue of $9.91 billion during the quarter, compared to the consensus estimate of $9.89 billion. During the same quarter in the prior year, the company earned $2.34 EPS. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Dollar General Co. will post 7.22 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 23rd. Shareholders of record on Tuesday, July 9th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Tuesday, July 9th. Dollar General’s dividend payout ratio (DPR) is presently 34.35%.

Analyst Ratings Changes

A number of brokerages have recently commented on DG. Wells Fargo & Company cut their price objective on Dollar General from $155.00 to $145.00 and set an “equal weight” rating for the company in a research report on Tuesday, June 4th. StockNews.com upgraded shares of Dollar General from a “sell” rating to a “hold” rating in a report on Wednesday, February 14th. The Goldman Sachs Group upped their price objective on shares of Dollar General from $147.00 to $169.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Telsey Advisory Group reissued an “outperform” rating and set a $170.00 target price on shares of Dollar General in a research note on Thursday, May 30th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Dollar General in a research note on Wednesday, March 6th. Twelve investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $148.41.

View Our Latest Stock Analysis on Dollar General

Insiders Place Their Bets

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

Dollar General Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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