United Advisor Group LLC Makes New Investment in Dollar General Co. (NYSE:DG)

United Advisor Group LLC purchased a new position in Dollar General Co. (NYSE:DG - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,184 shares of the company's stock, valued at approximately $241,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. IMG Wealth Management Inc. bought a new position in shares of Dollar General in the fourth quarter valued at approximately $25,000. Altshuler Shaham Ltd bought a new position in shares of Dollar General in the fourth quarter valued at approximately $25,000. Providence First Trust Co bought a new position in shares of Dollar General in the fourth quarter valued at approximately $33,000. Bogart Wealth LLC lifted its holdings in shares of Dollar General by 279.8% in the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company's stock valued at $37,000 after purchasing an additional 361 shares in the last quarter. Finally, OFI Invest Asset Management bought a new position in shares of Dollar General in the fourth quarter valued at approximately $37,000. Institutional investors own 91.77% of the company's stock.

Wall Street Analyst Weigh In

DG has been the topic of a number of recent research reports. Bank of America raised their target price on Dollar General from $100.00 to $115.00 and gave the company a "buy" rating in a report on Friday, May 23rd. UBS Group upped their price objective on shares of Dollar General from $95.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $80.00 price objective (down from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Sanford C. Bernstein set a $120.00 price target on Dollar General in a research report on Friday, May 23rd. Finally, Guggenheim increased their price target on Dollar General from $100.00 to $105.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. One investment 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.com, Dollar General has an average rating of "Hold" and a consensus target price of $98.96.

Insider Transactions at Dollar General

In related news, EVP Emily C. Taylor sold 809 shares of Dollar General stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.56% of the company's stock.

Dollar General Stock Performance

NYSE:DG traded up $0.10 during trading hours on Friday, reaching $97.17. The stock had a trading volume of 5,245,143 shares, compared to its average volume of 4,000,937. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. The stock has a 50 day simple moving average of $92.58 and a 200 day simple moving average of $81.42. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $141.24. The stock has a market cap of $21.37 billion, a P/E ratio of 16.01, a price-to-earnings-growth ratio of 2.18 and a beta of 0.27.

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

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date was Tuesday, April 8th. Dollar General's payout ratio is currently 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.