4,874 Shares in Dollar General Co. (NYSE:DG) Purchased by Boothbay Fund Management LLC

Boothbay Fund Management LLC acquired a new stake in shares of Dollar General Co. (NYSE:DG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,874 shares of the company's stock, valued at approximately $370,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Deseret Mutual Benefit Administrators boosted its holdings in Dollar General by 8.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,884 shares of the company's stock valued at $143,000 after purchasing an additional 150 shares in the last quarter. Bruce G. Allen Investments LLC boosted its position in Dollar General by 20.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 953 shares of the company's stock valued at $72,000 after buying an additional 161 shares during the last quarter. Federated Hermes Inc. raised its holdings in Dollar General by 9.8% during the 4th quarter. Federated Hermes Inc. now owns 2,159 shares of the company's stock worth $164,000 after purchasing an additional 192 shares during the last quarter. Peoples Bank KS lifted its stake in shares of Dollar General by 19.1% in the 4th quarter. Peoples Bank KS now owns 1,435 shares of the company's stock valued at $109,000 after purchasing an additional 230 shares during the period. Finally, Metis Global Partners LLC increased its stake in shares of Dollar General by 3.6% in the 4th quarter. Metis Global Partners LLC now owns 7,297 shares of the company's stock valued at $553,000 after acquiring an additional 255 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Insider Buying and Selling at Dollar General

In related news, EVP Emily C. Taylor sold 809 shares of the firm's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the completion of the transaction, the executive vice president now directly owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. This trade represents a 1.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.56% of the company's stock.

Dollar General Stock Up 2.0 %

DG traded up $1.81 during midday trading on Monday, reaching $92.11. 2,615,959 shares of the company were exchanged, compared to its average volume of 3,952,302. Dollar General Co. has a one year low of $66.43 and a one year 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 company's fifty day moving average price is $85.77 and its 200 day moving average price is $79.21. The company has a market cap of $20.26 billion, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 2.18 and a beta of 0.27.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings results on Thursday, March 13th. The company reported $1.68 earnings per share for the quarter, beating 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 company had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.26 billion. During the same period last year, the firm earned $1.83 earnings per share. The firm's revenue was up 4.5% on a year-over-year basis. As a group, analysts expect that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, April 8th. This represents a $2.36 annualized dividend and a yield of 2.56%. Dollar General's payout ratio is currently 46.18%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Gordon Haskett downgraded shares of Dollar General from a "hold" rating to a "reduce" rating in a report on Wednesday, April 9th. Melius upgraded shares of Dollar General from a "hold" rating to a "buy" rating and set a $110.00 target price for the company in a research note on Tuesday, April 8th. Bank of America lowered their price target on Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a research report on Friday, March 14th. Truist Financial raised their price target on Dollar General from $76.00 to $93.00 and gave the company a "hold" rating in a report on Tuesday, April 8th. Finally, UBS Group decreased their price objective on shares of Dollar General from $108.00 to $95.00 and set a "buy" rating on the stock in a report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Dollar General has a consensus rating of "Hold" and a consensus target price of $94.75.

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.