159,770 Shares in Dollar General Co. (NYSE:DG) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Dollar General Co. (NYSE:DG - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 159,770 shares of the company's stock, valued at approximately $12,114,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Dollar General as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Dollar General by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 25,231,285 shares of the company's stock valued at $1,913,036,000 after buying an additional 160,853 shares during the last quarter. Pzena Investment Management LLC increased its holdings in Dollar General by 14.9% during the 4th quarter. Pzena Investment Management LLC now owns 11,767,336 shares of the company's stock worth $892,199,000 after purchasing an additional 1,528,450 shares during the period. Geode Capital Management LLC raised its holdings in shares of Dollar General by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 5,361,216 shares of the company's stock valued at $405,425,000 after purchasing an additional 118,204 shares in the last quarter. First Eagle Investment Management LLC purchased a new stake in shares of Dollar General in the 4th quarter worth approximately $399,433,000. Finally, ACR Alpine Capital Research LLC boosted its stake in shares of Dollar General by 8,426.1% during the fourth quarter. ACR Alpine Capital Research LLC now owns 4,041,471 shares of the company's stock valued at $306,424,000 after purchasing an additional 3,994,070 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Melius Research upgraded Dollar General from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Barclays lifted their target price on Dollar General from $100.00 to $119.00 and gave the company an "overweight" rating in a research note on Wednesday. Sanford C. Bernstein set a $120.00 price target on shares of Dollar General in a research report on Friday, May 23rd. Wells Fargo & Company raised their price target on shares of Dollar General from $80.00 to $105.00 and gave the company an "equal weight" rating in a report on Wednesday. Finally, Loop Capital boosted their price objective on shares of Dollar General from $80.00 to $110.00 and gave the stock a "hold" rating in a research note on Wednesday. Fourteen research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $108.19.

Dollar General Price Performance

DG stock traded down $0.68 during mid-day trading on Wednesday, reaching $111.89. 6,036,993 shares of the company's stock were exchanged, compared to its average volume of 4,063,182. 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 12-month low of $66.43 and a 12-month high of $135.57. The stock's 50 day moving average is $93.85 and its 200 day moving average is $82.03. The company has a market cap of $24.61 billion, a price-to-earnings ratio of 18.43, a price-to-earnings-growth ratio of 2.18 and a beta of 0.26.

Dollar General (NYSE:DG - Get Free Report) last released its earnings results on Tuesday, June 3rd. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.46 by $0.32. The business had revenue of $10.44 billion during the quarter, compared to analyst estimates of $10.25 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.65 earnings per share. On average, research analysts expect that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 22nd. Investors of record on Tuesday, July 8th will be given a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 8th. This represents a $2.36 annualized dividend and a yield of 2.11%. Dollar General's payout ratio is 46.18%.

Insider Activity at Dollar General

In other news, EVP Emily C. Taylor sold 809 shares of the firm's 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 transaction, the executive vice president now directly owns 48,532 shares in the company, valued at $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 SEC, which is available at the SEC website. 0.56% of the stock is owned by insiders.

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.