Dollar General Co. (NYSE:DG) Shares Bought by V Square Quantitative Management LLC

V Square Quantitative Management LLC boosted its stake in shares of Dollar General Co. (NYSE:DG) by 13.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,801 shares of the company’s stock after buying an additional 703 shares during the period. V Square Quantitative Management LLC’s holdings in Dollar General were worth $440,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in Dollar General during the third quarter worth $33,000. Bogart Wealth LLC raised its position in Dollar General by 279.8% in the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 361 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in Dollar General in the fourth quarter valued at $39,000. Kentucky Trust Co purchased a new stake in Dollar General in the fourth quarter valued at $48,000. Finally, Studio Investment Management LLC raised its position in Dollar General by 200.4% in the third quarter. Studio Investment Management LLC now owns 850 shares of the company’s stock valued at $72,000 after purchasing an additional 567 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

DG has been the topic of a number of research analyst reports. Jefferies Financial Group reduced their target price on Dollar General from $110.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, November 15th. HSBC reduced their target price on Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 15th. Telsey Advisory Group cut their price objective on Dollar General from $103.00 to $90.00 and set a “market perform” rating on the stock in a report on Monday, December 2nd. Evercore ISI cut their price objective on Dollar General from $97.00 to $95.00 and set an “in-line” rating on the stock in a report on Tuesday, December 3rd. Finally, Barclays cut their price objective on Dollar General from $102.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, January 9th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $96.77.

Insider Activity at Dollar General

In other Dollar General 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 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 $9,056,636.94. This represents a 4.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Emily C. Taylor sold 4,740 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $77.44, for a total value of $367,065.60. Following the transaction, the executive vice president now directly owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. This trade represents a 23.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

Dollar General Trading Down 0.4 %

NYSE:DG opened at $72.57 on Friday. The stock has a 50-day simple moving average of $73.71 and a 200-day simple moving average of $84.55. The stock has a market cap of $15.96 billion, a P/E ratio of 11.96, a P/E/G ratio of 2.08 and a beta of 0.43. Dollar General Co. has a 1 year low of $66.43 and a 1 year high of $168.07. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.08). The business had revenue of $10.18 billion for the quarter, compared to analyst estimates of $10.14 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.26 earnings per share. As a group, analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th were given a $0.59 dividend. The ex-dividend date was Tuesday, January 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.25%. Dollar General’s dividend payout ratio (DPR) is presently 38.88%.

Dollar General Company 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.