YHB Investment Advisors Inc. lowered its stake in shares of Dollar General Co. (NYSE: DG – Get Rating) by 7.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,740 shares of the company stock after selling 958 shares during the period. YHB Investment Advisors Inc.’s holdings in Dollar General were worth $ 2,614,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of DG. Norges Bank purchased a new stake in Dollar General in the 4th quarter valued at about $ 547,860,000. Capital International Investors grew its holdings in Dollar General by 13.6% in the fourth quarter. Capital International Investors now owns 7,176,545 shares of the company stock valued at $ 1,692,445,000 after purchasing an additional 860,616 shares during the period. TD Asset Management Inc. increased its position in Dollar General by 56.6% during the fourth quarter. TD Asset Management Inc. now owns 1,106,499 shares of the company stock worth $ 260,946,000 after purchasing an additional 400,113 shares during the last quarter. Flossbach Von Storch AG raised its stake in Dollar General by 40.2% during the fourth quarter. Flossbach Von Storch AG now owns 1,187,333 shares of the company stock worth $ 280,009,000 after purchasing an additional 340,552 shares during the period. Finally, BlackRock Inc. boosted its holdings in shares of Dollar General by 1.6% in the 4th quarter. BlackRock Inc. now owns 18,399,415 shares of the company stock valued at $ 4,339,132,000 after purchasing an additional 283,983 shares during the last quarter. Hedge funds and other institutional investors own 94.86% of the company stock.
A number of research analysts recently weighed in on DG shares. Loop Capital reiterated a “buy” rating on shares of Dollar General in a report on Friday, May 20th. Raymond James reiterated a “buy” rating and set a $ 260.00 target price on shares of Dollar General in a report on Friday, March 18th. Piper Sandler cut their price target on shares of Dollar General from $ 270.00 to $ 265.00 and set an “overweight” rating on the stock in a report on Friday, March 18th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Dollar General from $ 242.00 to $ 234.00 in a research note on Wednesday, May 25th. Finally, Truist Financial raised their target price on shares of Dollar General from $ 178.00 to $ 227.00 and gave the company a “hold” rating in a research note on Friday, May 27th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $ 245.33.
DG stock opened at $ 243.61 on Friday. The company has a market capitalization of $ 55.30 billion, a P / E ratio of 24.99, a PEG ratio of 1.72 and a beta of 0.52. The firm has a 50 day simple moving average of $ 231.26 and a 200-day simple moving average of $ 222.55. 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 Co. has a twelve month low of $ 183.25 and a twelve month high of $ 262.20.
Dollar General (NYSE: DG – Get Rating) last released its earnings results on Thursday, May 26th. The company reported $ 2.41 earnings per share for the quarter, topping the consensus estimate of $ 2.31 by $ 0.10. Dollar General had a net margin of 6.58% and a return on equity of 37.05%. The company 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 firm earned $ 2.82 EPS. The company revenue was up 4.2% on a year-over-year basis. On average, research analysts predict that Dollar General Co. will post 11.48 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 19th. Shareholders of record on Tuesday, July 5th will be issued a dividend of $ 0.55 per share. This represents a $ 2.20 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date is Friday, July 1st. Dollar General’s dividend payout ratio is presently 22.56%.
In other Dollar General news, CAO Anita C. Elliott sold 7,502 shares of the firm’s stock in a transaction on Wednesday, April 6th. The stock was sold at an average price of $ 235.70, for a total value of $ 1,768,221.40. Following the sale, the chief accounting officer now directly owns 16,279 shares in the company, valued at $ 3,836,960.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Patricia Filikrushel sold 5,289 shares of the company stock in a transaction dated Tuesday, May 31st. The stock was sold at an average price of $ 221.59, for a total transaction of $ 1,171,989.51. Following the transaction, the director now owns 22,793 shares of the company stock, valued at approximately $ 5,050,700.87. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,790 shares of company stock valued at $ 3,622,273. Insiders own 0.73% of the company stock.
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.
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