5,828 Shares in Dollar General Co. (NYSE:DG) Bought by First Heartland Consultants Inc.

First Heartland Consultants Inc. purchased a new stake in Dollar General Co. (NYSE:DG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,828 shares of the company's stock, valued at approximately $442,000.

Several other large investors have also modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Dollar General by 25.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,092,158 shares of the company's stock valued at $82,807,000 after purchasing an additional 218,379 shares during the last quarter. USS Investment Management Ltd acquired a new position in Dollar General during the 4th quarter worth about $3,713,000. Voloridge Investment Management LLC lifted its stake in Dollar General by 32.6% during the 4th quarter. Voloridge Investment Management LLC now owns 1,027,704 shares of the company's stock worth $77,921,000 after acquiring an additional 252,654 shares in the last quarter. Waverly Advisors LLC lifted its stake in Dollar General by 130.6% during the 4th quarter. Waverly Advisors LLC now owns 18,383 shares of the company's stock worth $1,394,000 after acquiring an additional 10,412 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC lifted its stake in Dollar General by 215.6% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 1,229,105 shares of the company's stock worth $93,191,000 after acquiring an additional 839,698 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company's stock.

Insiders Place Their Bets

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 stock was 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 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 can be accessed through the SEC website. 0.56% of the stock is owned by insiders.

Dollar General Stock Performance

NYSE:DG traded up $0.80 during mid-day trading on Friday, reaching $101.44. 2,238,989 shares of the stock were exchanged, compared to its average volume of 4,033,129. The company has a 50 day simple moving average of $90.97 and a 200-day simple moving average of $80.65. The stock has a market capitalization of $22.31 billion, a P/E ratio of 16.71, a P/E/G ratio of 2.18 and a beta of 0.27. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. Dollar General Co. has a 1 year low of $66.43 and a 1 year high of $145.94.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.51 by $0.17. The firm had revenue of $10.30 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the business posted $1.83 EPS. Analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders 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 dividend on an annualized basis and a yield of 2.33%. Dollar General's payout ratio is 46.18%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DG shares. Guggenheim increased their target price on Dollar General from $100.00 to $105.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Piper Sandler increased their target price on Dollar General from $79.00 to $81.00 and gave the stock a "neutral" rating in a research note on Friday, March 14th. Bank of America increased their target price on Dollar General from $100.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday. Citigroup raised Dollar General from a "sell" rating to a "neutral" rating and increased their target price for the stock from $69.00 to $101.00 in a research note on Monday, April 7th. Finally, Truist Financial increased their target price on Dollar General from $76.00 to $93.00 and gave the stock a "hold" rating in a research note on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Dollar General presently has an average rating of "Hold" and a consensus price target of $96.48.

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.