Universal Beteiligungs und Servicegesellschaft mbH Sells 14,781 Shares of Dollar General Corporation (NYSE:DG)

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in Dollar General Corporation (NYSE:DG - Free Report) by 9.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 144,989 shares of the company's stock after selling 14,781 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Dollar General worth $12,749,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Altshuler Shaham Ltd acquired a new position in Dollar General during the 4th quarter valued at $25,000. Ameriflex Group Inc. acquired a new position in Dollar General during the 4th quarter valued at $31,000. Mountain Hill Investment Partners Corp. raised its stake in Dollar General by 66.7% during the 1st quarter. Mountain Hill Investment Partners Corp. now owns 500 shares of the company's stock valued at $44,000 after purchasing an additional 200 shares during the last quarter. Golden State Wealth Management LLC raised its stake in Dollar General by 170.1% during the 1st quarter. Golden State Wealth Management LLC now owns 543 shares of the company's stock valued at $48,000 after purchasing an additional 342 shares during the last quarter. Finally, CVA Family Office LLC raised its stake in Dollar General by 39.4% during the 1st quarter. CVA Family Office LLC now owns 570 shares of the company's stock valued at $50,000 after purchasing an additional 161 shares during the last quarter. 91.77% of the stock is owned by institutional investors.

Insider Activity at Dollar General

In other news, EVP Emily C. Taylor sold 1,969 shares of Dollar General stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $113.00, for a total transaction of $222,497.00. Following the completion of the sale, the executive vice president owned 46,563 shares in the company, valued at $5,261,619. The trade was a 4.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kathleen A. Reardon sold 6,438 shares of Dollar General stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $111.56, for a total transaction of $718,223.28. Following the sale, the executive vice president owned 41,646 shares of the company's stock, valued at approximately $4,646,027.76. This represents a 13.39% decrease in their position. The disclosure for this sale can be found here. 0.56% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DG. Melius upgraded shares of Dollar General from a "hold" rating to a "buy" rating and set a $110.00 target price for the company in a research note on Tuesday, April 8th. Cfra Research upgraded shares of Dollar General to a "hold" rating in a research note on Tuesday, June 3rd. Raymond James Financial increased their price objective on shares of Dollar General from $100.00 to $125.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Telsey Advisory Group restated a "market perform" rating and issued a $120.00 price objective on shares of Dollar General in a research note on Thursday, July 17th. Finally, The Goldman Sachs Group cut shares of Dollar General from a "buy" rating to a "neutral" rating and increased their price objective for the company from $115.00 to $116.00 in a research note on Tuesday, June 24th. Sixteen investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $108.40.

Dollar General Price Performance

DG traded down $2.15 during midday trading on Monday, hitting $105.41. The company had a trading volume of 596,030 shares, compared to its average volume of 3,852,207. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.20 and a current ratio of 1.23. The company has a market capitalization of $23.20 billion, a PE ratio of 20.12, a P/E/G ratio of 2.63 and a beta of 0.31. Dollar General Corporation has a twelve month low of $66.43 and a twelve month high of $126.98. The firm's 50-day simple moving average is $109.58 and its 200-day simple moving average is $91.45.

Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.46 by $0.32. Dollar General had a net margin of 2.81% and a return on equity of 17.93%. The company had revenue of $10.44 billion during the quarter, compared to analysts' expectations of $10.25 billion. During the same quarter in the previous year, the company earned $1.65 EPS. Dollar General's revenue was up 5.3% on a year-over-year basis. Equities research analysts predict that Dollar General Corporation will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 22nd. Stockholders of record on Tuesday, July 8th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.24%. The ex-dividend date was Tuesday, July 8th. Dollar General's dividend payout ratio is 45.04%.

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.