Dollar General Co. (NYSE:DG) Shares Bought by X Square Capital LLC

X Square Capital LLC boosted its holdings in shares of Dollar General Co. (NYSE:DG) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,229 shares of the company’s stock after buying an additional 451 shares during the quarter. X Square Capital LLC’s holdings in Dollar General were worth $1,155,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in Dollar General by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 25,231,285 shares of the company’s stock valued at $1,913,036,000 after purchasing an additional 160,853 shares during the period. Pzena Investment Management LLC raised its stake in shares of Dollar General by 14.9% during the 4th quarter. Pzena Investment Management LLC now owns 11,767,336 shares of the company’s stock valued at $892,199,000 after buying an additional 1,528,450 shares during the last quarter. State Street Corp lifted its holdings in shares of Dollar General by 8.3% in the 3rd quarter. State Street Corp now owns 9,958,704 shares of the company’s stock valued at $842,208,000 after buying an additional 759,869 shares during the period. First Eagle Investment Management LLC purchased a new stake in shares of Dollar General in the fourth quarter worth about $399,433,000. Finally, Geode Capital Management LLC grew its holdings in Dollar General by 3.6% during the third quarter. Geode Capital Management LLC now owns 5,243,012 shares of the company’s stock worth $441,899,000 after acquiring an additional 182,300 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

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 shares were sold at an average price of $75.27, for a total value of $451,620.00. Following the transaction, the director now directly owns 120,322 shares in the company, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.49% of the company’s stock.

Dollar General Price Performance

DG stock opened at $87.68 on Friday. Dollar General Co. has a 1 year low of $66.43 and a 1 year 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. The firm has a market capitalization 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. The business has a 50 day simple moving average of $75.77 and a 200-day simple moving average of $77.83.

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

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th will be given a $0.59 dividend. The ex-dividend date is Tuesday, April 8th. This represents a $2.36 annualized dividend and a yield of 2.69%. Dollar General’s payout ratio is 46.18%.

Analysts Set New Price Targets

Several research firms have commented on DG. The Goldman Sachs Group lowered their price objective on Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. Barclays decreased their target price on shares of Dollar General from $102.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, January 9th. UBS Group cut their price objective 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. Citigroup decreased their price objective on shares of Dollar General from $73.00 to $69.00 and set a “sell” rating for the company in a research report on Friday, March 7th. Finally, Wells Fargo & Company dropped their target price on Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Dollar General currently has an average rating of “Hold” and a consensus target price of $92.26.

About Dollar General

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.