Banque Transatlantique SA Invests $266,000 in Dollar General Co. (NYSE:DG)

Banque Transatlantique SA acquired a new stake in shares of Dollar General Co. (NYSE:DG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,534 shares of the company's stock, valued at approximately $266,000.

A number of other large investors also recently bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new position in shares of Dollar General in the 4th quarter valued at $57,000. Eagle Rock Investment Company LLC grew its stake in Dollar General by 16.3% in the fourth quarter. Eagle Rock Investment Company LLC now owns 28,827 shares of the company's stock valued at $2,186,000 after purchasing an additional 4,048 shares during the last quarter. Leibman Financial Services Inc. purchased a new stake in shares of Dollar General during the fourth quarter valued at about $2,018,000. DAVENPORT & Co LLC boosted its holdings in shares of Dollar General by 5,624.9% in the 4th quarter. DAVENPORT & Co LLC now owns 321,623 shares of the company's stock valued at $24,385,000 after buying an additional 316,005 shares in the last quarter. Finally, Matrix Asset Advisors Inc. NY purchased a new position in shares of Dollar General in the 4th quarter worth approximately $6,158,000. Institutional investors own 91.77% of the company's stock.

Dollar General Stock Down 0.3 %

DG stock opened at $90.24 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The firm has a 50-day moving average of $85.77 and a two-hundred day moving average of $79.21. Dollar General Co. has a 12 month low of $66.43 and a 12 month high of $147.87. The company has a market cap of $19.85 billion, a price-to-earnings ratio of 14.87, a PEG ratio of 2.18 and a beta of 0.27.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.51 by $0.17. The firm 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 business's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.83 earnings per share. As a group, analysts forecast that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date was Tuesday, April 8th. Dollar General's dividend payout ratio (DPR) is presently 46.18%.

Analysts Set New Price Targets

DG has been the subject of several recent analyst reports. Morgan Stanley lowered their target price on shares of Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. The Goldman Sachs Group lowered their price objective on Dollar General from $104.00 to $93.00 and set a "buy" rating for the company in a research report on Thursday, January 23rd. Telsey Advisory Group reiterated a "market perform" rating and issued a $85.00 price target on shares of Dollar General in a research note on Thursday, March 13th. Barclays dropped their price target on Dollar General from $102.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 9th. Finally, Truist Financial lifted their target price on shares of Dollar General from $76.00 to $93.00 and gave the stock a "hold" rating in a research note on Tuesday, April 8th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $94.75.

Insider Buying and Selling at Dollar General

In other news, EVP Emily C. Taylor sold 809 shares of the company's stock in a transaction on Friday, April 4th. The stock was sold at an average price of $94.72, for a total value of $76,628.48. Following the transaction, the executive vice president now owns 48,532 shares of the company's stock, valued at $4,596,951.04. This represents a 1.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by company insiders.

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.

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