Achmea Investment Management B.V. Purchases 1,819 Shares of Dollar General Co. (NYSE:DG)

Achmea Investment Management B.V. boosted its stake in shares of Dollar General Co. (NYSE:DG) by 10.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,996 shares of the company’s stock after acquiring an additional 1,819 shares during the quarter. Achmea Investment Management B.V.’s holdings in Dollar General were worth $1,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in Dollar General during the 3rd quarter valued at about $33,000. Providence First Trust Co purchased a new stake in Dollar General during the 4th quarter valued at about $33,000. Bogart Wealth LLC boosted its holdings in Dollar General by 279.8% during the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 361 shares during the period. Venturi Wealth Management LLC boosted its holdings in Dollar General by 126.4% during the 4th quarter. Venturi Wealth Management LLC now owns 498 shares of the company’s stock valued at $38,000 after acquiring an additional 278 shares during the period. Finally, OFI Invest Asset Management purchased a new stake in Dollar General during the 4th quarter valued at about $37,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Telsey Advisory Group reiterated a “market perform” rating and issued a $85.00 price objective on shares of Dollar General in a report on Thursday. Wells Fargo & Company dropped their price objective on Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. Gordon Haskett cut Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. Piper Sandler increased their price objective on Dollar General from $79.00 to $81.00 and gave the stock a “neutral” rating in a report on Friday. Finally, The Goldman Sachs Group dropped their price objective on Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $92.26.

Dollar General Stock Down 1.0 %

DG stock opened at $79.15 on Friday. Dollar General Co. has a twelve month low of $66.43 and a twelve month high of $164.12. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. The firm has a market cap of $17.41 billion, a PE ratio of 13.04, a price-to-earnings-growth ratio of 2.18 and a beta of 0.44. The business has a 50 day moving average of $73.69 and a 200 day moving average of $78.39.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, March 13th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.17. The business had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.26 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.83 EPS. On average, research analysts forecast that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Tuesday, April 8th. Dollar General’s payout ratio is 46.18%.

Insiders Place Their Bets

In related news, Director Michael M. Calbert sold 6,000 shares of Dollar General stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the transaction, the director now directly owns 120,322 shares in the company, valued at approximately $9,056,636.94. The trade was a 4.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.49% of the company’s stock.

Dollar General 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.