Bokf Na Decreases Stake in Dollar General Co. (NYSE:DG)

BOKF NA cut its stake in shares of Dollar General Co. (NYSE:DG - Free Report) by 89.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 450 shares of the company's stock after selling 3,976 shares during the period. BOKF NA's holdings in Dollar General were worth $32,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. 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 worth $1,913,036,000 after acquiring an additional 160,853 shares during the last quarter. Pzena Investment Management LLC grew its holdings in Dollar General by 14.9% in 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 in the last quarter. Geode Capital Management LLC increased its position in Dollar General by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 5,361,216 shares of the company's stock worth $405,425,000 after buying an additional 118,204 shares during the period. First Eagle Investment Management LLC acquired a new stake in shares of Dollar General during the fourth quarter worth $399,433,000. Finally, ACR Alpine Capital Research LLC boosted its position 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 during the period. 91.77% of the stock is owned by institutional investors.

Insider Buying and Selling at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total transaction of $76,628.48. Following the completion of the sale, the executive vice president now directly owns 48,532 shares of the company's stock, valued at $4,596,951.04. This trade represents a 1.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.56% of the company's stock.

Dollar General Stock Performance

Shares of NYSE DG traded up $5.12 during trading on Thursday, hitting $92.82. The company had a trading volume of 3,884,527 shares, compared to its average volume of 3,990,589. Dollar General Co. has a 12 month low of $66.43 and a 12 month high of $147.87. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. The firm has a market capitalization of $20.42 billion, a P/E ratio of 15.29, a price-to-earnings-growth ratio of 2.18 and a beta of 0.27. The stock has a 50 day simple moving average of $88.31 and a 200 day simple moving average of $79.77.

Dollar General (NYSE:DG - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.17. The company had revenue of $10.30 billion for the quarter, compared to analysts' expectations of $10.26 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The firm's revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.83 EPS. As a group, analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were paid a $0.59 dividend. The ex-dividend date was Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 2.54%. Dollar General's payout ratio is presently 46.18%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on DG shares. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $80.00 price target (down from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Citigroup raised shares of Dollar General from a "sell" rating to a "neutral" rating and raised their target price for the stock from $69.00 to $101.00 in a report on Monday, April 7th. The Goldman Sachs Group cut their price target on Dollar General from $104.00 to $93.00 and set a "buy" rating for the company in a research note on Thursday, January 23rd. Gordon Haskett lowered Dollar General from a "hold" rating to a "reduce" rating in a research note on Wednesday, April 9th. Finally, Truist Financial lifted their price objective on Dollar General from $76.00 to $93.00 and gave the company a "hold" rating in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $95.16.

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.