Parametrica Management Ltd Invests $429,000 in Dollar General Co. (NYSE:DG)

Parametrica Management Ltd purchased a new stake in Dollar General Co. (NYSE:DG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,654 shares of the company’s stock, valued at approximately $429,000. Dollar General makes up about 0.6% of Parametrica Management Ltd’s holdings, making the stock its 22nd biggest position.

A number of other large investors have also recently bought and sold shares of the stock. IMG Wealth Management Inc. bought a new position in shares of Dollar General during the 4th quarter valued at about $25,000. Wilmington Savings Fund Society FSB bought a new position in Dollar General in the third quarter valued at approximately $33,000. Providence First Trust Co acquired a new position in shares of Dollar General in the fourth quarter valued at approximately $33,000. Bogart Wealth LLC increased its position in shares of Dollar General by 279.8% during the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock worth $37,000 after acquiring an additional 361 shares in the last quarter. Finally, OFI Invest Asset Management acquired a new stake in shares of Dollar General during the fourth quarter worth $37,000. 91.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DG. The Goldman Sachs Group dropped their price target on Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $80.00 price objective (down previously from $90.00) on shares of Dollar General in a report on Monday, March 3rd. Truist Financial dropped their target price on Dollar General from $94.00 to $83.00 and set a “hold” rating on the stock in a report on Friday, December 6th. Telsey Advisory Group restated a “market perform” rating and issued a $85.00 price target on shares of Dollar General in a research note on Thursday, March 13th. Finally, Wells Fargo & Company dropped their price objective on Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Dollar General has a consensus rating of “Hold” and an average target price of $92.26.

Dollar General Stock Down 0.6 %

NYSE DG opened at $82.62 on Wednesday. The business has a fifty day moving average price of $75.08 and a two-hundred day moving average price of $77.72. The stock has a market capitalization of $18.17 billion, a PE ratio of 13.61, a PEG 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 company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15.

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

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.86%. Dollar General’s payout ratio is presently 46.18%.

Insider Transactions at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the transaction, the director now owns 120,322 shares of the company’s stock, valued at $9,056,636.94. This represents a 4.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company 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.