LVM Capital Management Ltd. MI Has $263,000 Stock Position in Dollar General Co. (NYSE:DG)

LVM Capital Management Ltd. MI reduced its stake in Dollar General Co. (NYSE:DG) by 46.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,465 shares of the company’s stock after selling 2,991 shares during the quarter. LVM Capital Management Ltd. MI’s holdings in Dollar General were worth $263,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DG. Studio Investment Management LLC grew its holdings in shares of Dollar General by 117.7% during the 2nd quarter. Studio Investment Management LLC now owns 283 shares of the company’s stock worth $37,000 after purchasing an additional 153 shares in the last quarter. Quarry LP acquired a new stake in Dollar General during the second quarter worth $46,000. Pathway Financial Advisers LLC increased its holdings in Dollar General by 30.6% in the 2nd quarter. Pathway Financial Advisers LLC now owns 376 shares of the company’s stock valued at $50,000 after buying an additional 88 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Dollar General in the 3rd quarter valued at $33,000. Finally, ORG Wealth Partners LLC bought a new position in shares of Dollar General during the 3rd quarter worth about $57,000. 91.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on DG shares. Jefferies Financial Group dropped their price target on shares of Dollar General from $110.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Wells Fargo & Company cut their target price on Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a research report on Thursday, December 5th. HSBC lowered their price target on Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 15th. Barclays reduced their target price on shares of Dollar General from $102.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Sanford C. Bernstein began coverage on shares of Dollar General in a report on Tuesday, October 22nd. They set an “outperform” rating and a $98.00 price target for the company. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Dollar General presently has a consensus rating of “Hold” and a consensus price target of $98.18.

Dollar General Stock Performance

Shares of DG traded down $0.18 during mid-day trading on Friday, reaching $71.44. The company’s stock had a trading volume of 2,565,502 shares, compared to its average volume of 3,460,972. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The stock has a market cap of $15.71 billion, a P/E ratio of 11.77, a PEG ratio of 2.37 and a beta of 0.44. Dollar General Co. has a 1-year low of $70.15 and a 1-year high of $168.07. The business has a 50-day simple moving average of $76.72 and a two-hundred day simple moving average of $94.37.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.08). Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company had revenue of $10.18 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same quarter last year, the business earned $1.26 earnings per share. The company’s revenue was up 5.0% on a year-over-year basis. As a group, equities research analysts anticipate that Dollar General Co. will post 5.77 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Tuesday, January 7th will be given a $0.59 dividend. The ex-dividend date is Tuesday, January 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.30%. Dollar General’s payout ratio is presently 38.88%.

Insider Activity at Dollar General

In related news, EVP Emily C. Taylor sold 4,740 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $77.44, for a total transaction of $367,065.60. Following the sale, the executive vice president now owns 15,575 shares in the company, valued at approximately $1,206,128. This trade represents a 23.33 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael M. Calbert sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total transaction of $451,620.00. Following the transaction, the director now owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by corporate insiders.

Dollar General Company Profile

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.