Dollar General Co. (NYSE:DG) Shares Acquired by NBC Securities Inc.

NBC Securities Inc. increased its holdings in shares of Dollar General Co. (NYSE:DG - Free Report) by 103,550.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,146 shares of the company's stock after buying an additional 4,142 shares during the period. NBC Securities Inc.'s holdings in Dollar General were worth $364,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Czech National Bank increased its holdings in Dollar General by 5.9% during the 1st quarter. Czech National Bank now owns 50,513 shares of the company's stock worth $4,442,000 after purchasing an additional 2,831 shares during the period. Legacy Wealth Asset Management LLC increased its stake in shares of Dollar General by 35.2% during the first quarter. Legacy Wealth Asset Management LLC now owns 20,255 shares of the company's stock worth $1,781,000 after buying an additional 5,273 shares during the period. Rhumbline Advisers increased its stake in shares of Dollar General by 12.2% during the first quarter. Rhumbline Advisers now owns 445,820 shares of the company's stock worth $39,201,000 after buying an additional 48,514 shares during the period. Peoples Bank KS increased its position in shares of Dollar General by 29.6% in the 1st quarter. Peoples Bank KS now owns 1,860 shares of the company's stock valued at $164,000 after purchasing an additional 425 shares during the last quarter. Finally, Atlas Brown Inc. purchased a new stake in shares of Dollar General in the 1st quarter valued at approximately $305,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Insider Buying and Selling

In related news, EVP Emily C. Taylor sold 809 shares of Dollar General stock in a transaction 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 sale, the executive vice president now owns 48,532 shares of the company's stock, valued at $4,596,951.04. The trade was a 1.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.56% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DG. Truist Financial increased their target price on Dollar General from $93.00 to $112.00 and gave the company a "hold" rating in a report on Wednesday. Cfra Research upgraded Dollar General to a "hold" rating in a report on Tuesday. Guggenheim increased their price objective on Dollar General from $100.00 to $105.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Citigroup increased their price target on shares of Dollar General from $101.00 to $112.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, Morgan Stanley increased their price target on shares of Dollar General from $85.00 to $115.00 and gave the company an "equal weight" rating in a research note on Wednesday. Fifteen research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $109.04.

Dollar General Price Performance

Dollar General stock traded down $0.37 during mid-day trading on Friday, reaching $113.47. The company had a trading volume of 2,937,185 shares, compared to its average volume of 4,069,172. The stock's 50-day simple moving average is $94.88 and its 200-day simple moving average is $82.54. The company has a market capitalization of $24.96 billion, a P/E ratio of 18.69, a P/E/G ratio of 2.18 and a beta of 0.26. 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 Co. has a 1 year low of $66.43 and a 1 year high of $135.46.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.46 by $0.32. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business had revenue of $10.44 billion for the quarter, compared to analyst estimates of $10.25 billion. During the same period in the prior year, the business earned $1.65 earnings per share. The company's quarterly revenue was up 5.3% 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 8th. This represents a $2.36 annualized dividend and a yield of 2.08%. Dollar General's dividend payout ratio is presently 46.18%.

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.