Capital Advisors Ltd. LLC Buys 399 Shares of Dollar General Co. (NYSE:DG)

Capital Advisors Ltd. LLC lifted its stake in shares of Dollar General Co. (NYSE:DGGet Rating) by 93.7% during the first quarter, HoldingsChannel.com reports. The firm owned 825 shares of the company’s stock after purchasing an additional 399 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Dollar General were worth $184,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. National Asset Management Inc. boosted its holdings in Dollar General by 18.1% in the 4th quarter. National Asset Management Inc. now owns 1,689 shares of the company’s stock valued at $399,000 after purchasing an additional 259 shares during the period. D.A. Davidson & CO. purchased a new stake in shares of Dollar General in the fourth quarter worth $200,000. Qube Research & Technologies Ltd boosted its stake in Dollar General by 1,658.9% during the fourth quarter. Qube Research & Technologies Ltd now owns 208,181 shares of the company’s stock valued at $49,095,000 after buying an additional 196,345 shares during the period. FDx Advisors Inc. grew its position in Dollar General by 86.1% during the fourth quarter. FDx Advisors Inc. now owns 5,656 shares of the company’s stock worth $1,334,000 after buying an additional 2,617 shares in the last quarter. Finally, Dixon Hughes Goodman Wealth Advisors LLC bought a new position in Dollar General in the 4th quarter worth about $46,000. Hedge funds and other institutional investors own 94.86% of the company’s stock.

Dollar General Trading Up 0.7 %

NYSE DG opened at $253.08 on Friday. The firm has a market cap of $57.45 billion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 1.80 and a beta of 0.40. Dollar General Co. has a 1-year low of $183.25 and a 1-year high of $262.20. The stock has a 50-day moving average of $241.85 and a 200-day moving average of $227.21. The company has a current ratio of 0.97, a quick ratio of 0.09 and a debt-to-equity ratio of 0.66.

Dollar General (NYSE:DGGet Rating) last announced its quarterly earnings data on Thursday, May 26th. The company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.09. Dollar General had a return on equity of 37.05% and a net margin of 6.58%. The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.71 billion. During the same quarter in the previous year, the company posted $2.82 earnings per share. The business’s revenue was up 4.2% on a year-over-year basis. As a group, sell-side analysts forecast that Dollar General Co. will post 11.49 EPS for the current year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 19th. Shareholders of record on Tuesday, July 5th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend was Friday, July 1st. Dollar General’s dividend payout ratio (DPR) is presently 22.56%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Telsey Advisory Group cut their price objective on Dollar General from $265.00 to $230.00 and set an “outperform” rating for the company in a report on Tuesday, May 24th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Dollar General from $242.00 to $234.00 in a report on Wednesday, May 25th. Morgan Stanley raised shares of Dollar General from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $225.00 to $250.00 in a report on Thursday, June 16th. StockNews.com cut Dollar General from a “buy” rating to a “hold” rating in a research note on Friday, May 27th. Finally, Gordon Haskett raised Dollar General from a “hold” rating to a “buy” rating in a research note on Thursday, July 14th. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $251.69.

Insider Buying and Selling at Dollar General

In other Dollar General news, EVP Antonio Zuazo sold 2,999 shares of the company’s stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $227.43, for a total transaction of $682,062.57. Following the completion of the transaction, the executive vice president now owns 9,491 shares of the company’s stock, valued at approximately $2,158,538.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Patricia Filikrushel sold 5,289 shares of the firm’s stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $221.59, for a total value of $1,171,989.51. Following the completion of the sale, the director now directly owns 22,793 shares of the company’s stock, valued at approximately $5,050,700.87. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Antonio Zuazo sold 2,999 shares of Dollar General stock in a transaction dated Friday, May 27th. The shares were sold at an average price of $227.43, for a total transaction of $682,062.57. Following the sale, the executive vice president now directly owns 9,491 shares in the company, valued at approximately $2,158,538.13. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,288 shares of company stock worth $3,089,602. 0.73% of the stock is currently owned by company insiders.

About Dollar General

(Get Rating)

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.

See Also

Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Co. (NYSE:DGGet Rating).

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

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