Dollar General Co. (NYSE:DG) Stock Holdings Raised by Kiltearn Partners LLP

Kiltearn Partners LLP boosted its holdings in shares of Dollar General Co. (NYSE:DG) by 13.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 397,300 shares of the company’s stock after acquiring an additional 47,234 shares during the quarter. Dollar General comprises 5.0% of Kiltearn Partners LLP’s portfolio, making the stock its 5th biggest holding. Kiltearn Partners LLP’s holdings in Dollar General were worth $30,123,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. First Eagle Investment Management LLC bought a new stake in Dollar General during the 4th quarter valued at $399,433,000. ACR Alpine Capital Research LLC raised its holdings in shares of Dollar General by 8,426.1% in the fourth quarter. ACR Alpine Capital Research LLC now owns 4,041,471 shares of the company’s stock valued at $306,424,000 after acquiring an additional 3,994,070 shares in the last quarter. Norges Bank purchased a new stake in Dollar General in the fourth quarter worth about $140,421,000. Pzena Investment Management LLC grew its holdings in Dollar General by 14.9% during the 4th quarter. Pzena Investment Management LLC now owns 11,767,336 shares of the company’s stock worth $892,199,000 after acquiring an additional 1,528,450 shares in the last quarter. Finally, State Street Corp increased its position in Dollar General by 8.3% during the 3rd quarter. State Street Corp now owns 9,958,704 shares of the company’s stock valued at $842,208,000 after purchasing an additional 759,869 shares during the period. Institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

Shares of DG stock opened at $87.68 on Friday. The stock has a market cap of $19.28 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 2.18 and a beta of 0.44. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $164.12. The business has a 50-day simple moving average of $75.77 and a 200-day simple moving average of $77.83. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78.

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

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General’s dividend payout ratio (DPR) is presently 46.18%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on DG shares. Morgan Stanley dropped their price objective on shares of Dollar General from $100.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Bank of America cut their price target on Dollar General from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, March 14th. Gordon Haskett downgraded Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. UBS Group reduced their target price on shares of Dollar General from $108.00 to $95.00 and set a “buy” rating for the company in a report on Thursday, March 6th. Finally, Telsey Advisory Group restated 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 issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $92.26.

Insider Activity at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of the 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 transaction, the director now owns 120,322 shares in the company, valued at $9,056,636.94. This trade represents a 4.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.49% of the stock is owned by company insiders.

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.