Dollar General Co. (NYSE:DG) Shares Acquired by Signaturefd LLC

Signaturefd LLC lifted its position in shares of Dollar General Co. (NYSE:DG) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,021 shares of the company’s stock after acquiring an additional 454 shares during the quarter. Signaturefd LLC’s holdings in Dollar General were worth $381,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Cibc World Markets Corp increased its stake in shares of Dollar General by 15.1% during the fourth quarter. Cibc World Markets Corp now owns 86,261 shares of the company’s stock worth $6,540,000 after acquiring an additional 11,292 shares during the period. IMG Wealth Management Inc. acquired a new position in Dollar General during the fourth quarter worth about $25,000. Natixis Advisors LLC grew its position in Dollar General by 64.0% during the fourth quarter. Natixis Advisors LLC now owns 351,657 shares of the company’s stock worth $26,663,000 after buying an additional 137,232 shares during the period. First Eagle Investment Management LLC acquired a new position in Dollar General during the fourth quarter worth about $399,433,000. Finally, Intact Investment Management Inc. acquired a new position in Dollar General during the fourth quarter worth about $2,168,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DG has been the topic of several recent analyst reports. Wells Fargo & Company lowered their target price on shares of Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $80.00 target price (down from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Citigroup reduced their price target on shares of Dollar General from $73.00 to $69.00 and set a “sell” rating on the stock in a report on Friday, March 7th. Bank of America reduced their price target on shares of Dollar General from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, March 14th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $85.00 price target on shares of Dollar General in a report on Thursday, March 13th. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Dollar General currently has an average rating of “Hold” and an average price target of $92.26.

Insider Transactions at Dollar General

In related news, Director Michael M. Calbert sold 6,000 shares of the firm’s stock in a transaction 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 completion of the sale, the director now directly owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. This trade represents a 4.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.49% of the company’s stock.

Dollar General Stock Performance

NYSE:DG opened at $81.73 on Friday. 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 company has a market cap of $17.97 billion, a P/E ratio of 13.46, a P/E/G ratio of 2.18 and a beta of 0.44. Dollar General Co. has a fifty-two week low of $66.43 and a fifty-two week high of $164.12. The firm’s 50 day moving average is $74.33 and its two-hundred day moving average is $77.76.

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

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General’s payout ratio is currently 46.18%.

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.