Coldstream Capital Management Inc. Grows Position in Dollar General Co. (NYSE:DG)

Coldstream Capital Management Inc. grew its position in Dollar General Co. (NYSE:DG - Free Report) by 112.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,846 shares of the company's stock after buying an additional 3,629 shares during the period. Coldstream Capital Management Inc.'s holdings in Dollar General were worth $519,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Two Sigma Securities LLC lifted its position in Dollar General by 148.3% during the 4th quarter. Two Sigma Securities LLC now owns 4,577 shares of the company's stock worth $347,000 after buying an additional 2,734 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new position in Dollar General in the 4th quarter valued at $208,000. Integrated Wealth Concepts LLC lifted its position in Dollar General by 101.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 23,130 shares of the company's stock worth $1,754,000 after purchasing an additional 11,664 shares during the period. Symmetry Investments LP bought a new position in Dollar General in the fourth quarter valued at approximately $867,000. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in shares of Dollar General by 2.5% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 302,665 shares of the company's stock worth $22,948,000 after buying an additional 7,421 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Emily C. Taylor sold 809 shares of Dollar General 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 in the company, valued at approximately $4,596,951.04. This trade represents a 1.64 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.56% of the company's stock.

Dollar General Stock Down 0.3 %

Shares of NYSE:DG traded down $0.31 during trading on Friday, hitting $90.24. 3,769,986 shares of the company were exchanged, compared to its average volume of 3,950,913. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $147.87. The stock has a market capitalization of $19.85 billion, a P/E ratio of 14.87, a PEG ratio of 2.18 and a beta of 0.40. 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's 50 day moving average price is $85.54 and its 200-day moving average price is $79.18.

Dollar General (NYSE:DG - Get Free Report) last announced its earnings results on Thursday, March 13th. The company reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.83 EPS. On average, research analysts predict that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date was Tuesday, April 8th. Dollar General's payout ratio is currently 46.18%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Melius Research raised Dollar General from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Bank of America cut their target price on Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Melius upgraded shares of Dollar General from a "hold" rating to a "buy" rating and set a $110.00 price objective for the company in a report on Tuesday, April 8th. The Goldman Sachs Group lowered their target price on shares of Dollar General from $104.00 to $93.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Finally, Morgan Stanley lowered their price target on Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $94.75.

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.