Dollar General Co. (NYSE:DG) Shares Acquired by Two Sigma Investments LP

Two Sigma Investments LP increased its holdings in Dollar General Co. (NYSE:DG - Free Report) by 323.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,354,135 shares of the company's stock after buying an additional 1,797,776 shares during the period. Two Sigma Investments LP owned about 1.07% of Dollar General worth $178,491,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of DG. Altshuler Shaham Ltd acquired a new position in Dollar General during the 4th quarter valued at about $25,000. IMG Wealth Management Inc. acquired a new position in Dollar General during the 4th quarter valued at about $25,000. Providence First Trust Co bought a new stake in shares of Dollar General during the 4th quarter worth about $33,000. Bogart Wealth LLC raised its position in shares of Dollar General by 279.8% during the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company's stock worth $37,000 after buying an additional 361 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its position in shares of Dollar General by 126.4% during the 4th quarter. Venturi Wealth Management LLC now owns 498 shares of the company's stock worth $38,000 after buying an additional 278 shares in the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Up 0.6%

DG stock opened at $93.55 on Monday. The company's 50 day simple moving average is $88.81 and its 200-day simple moving average is $79.95. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $147.79. The firm has a market capitalization of $20.58 billion, a P/E ratio of 15.41, a P/E/G ratio of 2.18 and a beta of 0.27. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported $1.68 EPS 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 firm had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.26 billion. During the same period in the previous year, the firm posted $1.83 earnings per share. The firm's revenue was up 4.5% on a year-over-year basis. As a group, equities research analysts anticipate that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The business also recently disclosed 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. This represents a $2.36 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend was Tuesday, April 8th. Dollar General's payout ratio is presently 46.18%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Bank of America dropped their price target on shares of Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a research report on Friday, March 14th. Citigroup upgraded shares of Dollar General from a "sell" rating to a "neutral" rating and boosted their price target for the stock from $69.00 to $101.00 in a research report on Monday, April 7th. UBS Group dropped their price target on shares of Dollar General from $108.00 to $95.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. The Goldman Sachs Group dropped their price target on shares of Dollar General from $104.00 to $93.00 and set a "buy" rating on the stock in a research report on Thursday, January 23rd. Finally, Morgan Stanley dropped their price target on shares of Dollar General from $100.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 21st. One equities research 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 data from MarketBeat, Dollar General currently has a consensus rating of "Hold" and a consensus target price of $95.16.

Insider Activity at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of the business'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 sale, the executive vice president now directly owns 48,532 shares of the company's stock, valued at $4,596,951.04. The trade was a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by insiders.

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.

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