Dollar General Co. (NYSE:DG) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP grew its stake in Dollar General Co. (NYSE:DG - Free Report) by 104.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,100 shares of the company's stock after acquiring an additional 7,189 shares during the period. Quantinno Capital Management LP's holdings in Dollar General were worth $1,069,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. IMG Wealth Management Inc. purchased a new stake in shares of Dollar General in the fourth quarter valued at approximately $25,000. Altshuler Shaham Ltd bought a new stake in Dollar General during the 4th quarter valued at $25,000. Providence First Trust Co purchased a new stake in shares of Dollar General in the 4th quarter worth $33,000. Bogart Wealth LLC grew 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, OFI Invest Asset Management purchased a new position in shares of Dollar General during the fourth quarter valued at $37,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on DG shares. Telsey Advisory Group increased their target price on shares of Dollar General from $85.00 to $100.00 and gave the stock a "market perform" rating in a report on Tuesday. The Goldman Sachs Group increased their price objective on shares of Dollar General from $85.00 to $96.00 and gave the company a "buy" rating in a research note on Monday, May 19th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $80.00 price objective (down previously from $90.00) on shares of Dollar General in a research note on Monday, March 3rd. UBS Group dropped their target price on Dollar General from $108.00 to $95.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. Finally, Guggenheim upped their price objective on Dollar General from $100.00 to $105.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $97.96.

Insider Transactions at Dollar General

In related news, EVP Emily C. Taylor sold 809 shares of the business's stock in a transaction 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 in the company, valued at $4,596,951.04. The trade was a 1.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.56% of the company's stock.

Dollar General Stock Performance

Shares of DG stock traded down $2.06 during mid-day trading on Wednesday, reaching $98.92. The stock had a trading volume of 659,796 shares, compared to its average volume of 4,016,885. Dollar General Co. has a 1-year low of $66.43 and a 1-year high of $145.94. The firm has a market cap of $21.76 billion, a price-to-earnings ratio of 16.31, a PEG ratio of 2.18 and a beta of 0.27. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The business's fifty day moving average is $91.73 and its 200-day moving average is $80.98.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.17. The company 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 revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the firm earned $1.83 EPS. On average, research analysts forecast that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

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 $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $2.36 annualized dividend and a yield of 2.39%. Dollar General's dividend payout ratio is presently 46.18%.

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.