Dollar General Co. (NYSE:DG) Shares Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP lifted its holdings in shares of Dollar General Co. (NYSE:DG - Free Report) by 398.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,756,799 shares of the company's stock after acquiring an additional 1,404,200 shares during the period. Two Sigma Advisers LP owned approximately 0.80% of Dollar General worth $133,200,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. IMG Wealth Management Inc. purchased a new stake in shares of Dollar General during the fourth quarter worth about $25,000. Altshuler Shaham Ltd purchased a new stake in shares of Dollar General during the fourth quarter worth about $25,000. Providence First Trust Co acquired a new stake in Dollar General during the 4th quarter worth about $33,000. Bogart Wealth LLC lifted its position in 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 acquiring an additional 361 shares during the period. Finally, OFI Invest Asset Management acquired a new stake in Dollar General during the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Dollar General Price Performance

NYSE DG traded down $0.16 during trading hours on Thursday, reaching $100.62. The company's stock had a trading volume of 2,958,938 shares, compared to its average volume of 4,025,366. The firm has a market capitalization of $22.13 billion, a price-to-earnings ratio of 16.58, a P/E/G ratio of 2.18 and a beta of 0.27. Dollar General Co. has a 1-year low of $66.43 and a 1-year high of $145.94. 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 company's 50-day moving average is $90.15 and its two-hundred day moving average is $80.37.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.51 by $0.17. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.26 billion. During the same period in the previous year, the business earned $1.83 EPS. Dollar General's quarterly revenue was up 4.5% on a year-over-year basis. On average, equities analysts predict that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were paid 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 2.35%. Dollar General's dividend payout ratio (DPR) is currently 46.18%.

Wall Street Analyst Weigh In

A number of brokerages have commented on DG. Melius Research raised Dollar General from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Melius raised Dollar General from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a research report on Tuesday, April 8th. Truist Financial lifted their price target on Dollar General from $76.00 to $93.00 and gave the stock a "hold" rating in a research report on Tuesday, April 8th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $80.00 price target (down previously from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Finally, Morgan Stanley increased their price target on Dollar General from $80.00 to $85.00 and gave the stock an "equal weight" rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $95.48.

Insiders Place Their Bets

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 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 in the company, valued at approximately $4,596,951.04. The trade was 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. 0.56% of the stock is owned by company 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.