Dollar General Corporation (NYSE:DG) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its position in shares of Dollar General Corporation (NYSE:DG - Free Report) by 4.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 185,402 shares of the company's stock after purchasing an additional 8,311 shares during the quarter. Victory Capital Management Inc. owned about 0.08% of Dollar General worth $16,302,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Altshuler Shaham Ltd bought a new position in Dollar General in the fourth quarter worth approximately $25,000. Ameriflex Group Inc. bought a new position in Dollar General in the fourth quarter worth approximately $31,000. Mountain Hill Investment Partners Corp. raised its stake in Dollar General by 66.7% in the first quarter. Mountain Hill Investment Partners Corp. now owns 500 shares of the company's stock worth $44,000 after buying an additional 200 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in Dollar General by 170.1% in the first quarter. Golden State Wealth Management LLC now owns 543 shares of the company's stock worth $48,000 after purchasing an additional 342 shares during the last quarter. Finally, CVA Family Office LLC grew its holdings in Dollar General by 39.4% in the first quarter. CVA Family Office LLC now owns 570 shares of the company's stock worth $50,000 after purchasing an additional 161 shares during the last quarter. 91.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on DG. Jefferies Financial Group reaffirmed a "buy" rating on shares of Dollar General in a report on Tuesday, June 3rd. Sanford C. Bernstein set a $120.00 price target on shares of Dollar General in a report on Friday, May 23rd. Gordon Haskett raised shares of Dollar General from a "reduce" rating to an "accumulate" rating in a report on Tuesday, June 3rd. Citigroup boosted their price objective on shares of Dollar General from $101.00 to $112.00 and gave the company a "neutral" rating in a report on Wednesday, June 4th. Finally, Evercore ISI boosted their price objective on shares of Dollar General from $105.00 to $117.00 and gave the company an "in-line" rating in a report on Thursday, June 5th. Sixteen analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $108.40.

Dollar General Price Performance

Dollar General stock traded down $0.19 during midday trading on Friday, reaching $107.56. The company had a trading volume of 1,603,756 shares, compared to its average volume of 2,554,480. The company has a market capitalization of $23.67 billion, a P/E ratio of 20.53, a P/E/G ratio of 2.63 and a beta of 0.31. Dollar General Corporation has a 12-month low of $66.43 and a 12-month high of $126.98. The firm's fifty day simple moving average is $109.58 and its 200-day simple moving average is $91.31. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.23 and a quick ratio of 0.20.

Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.46 by $0.32. The firm had revenue of $10.44 billion for the quarter, compared to analyst estimates of $10.25 billion. Dollar General had a net margin of 2.81% and a return on equity of 17.93%. Dollar General's quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company posted $1.65 EPS. As a group, equities analysts anticipate that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 22nd. Investors of record on Tuesday, July 8th were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date was Tuesday, July 8th. Dollar General's dividend payout ratio is presently 45.04%.

Insider Transactions at Dollar General

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

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.