Dollar General Co. (NYSE:DG) Stock Holdings Lifted by MGO One Seven LLC

MGO One Seven LLC grew its holdings in shares of Dollar General Co. (NYSE:DG - Free Report) by 36.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,956 shares of the company's stock after buying an additional 3,448 shares during the quarter. MGO One Seven LLC's holdings in Dollar General were worth $982,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. IMG Wealth Management Inc. purchased a new position in Dollar General in the 4th quarter worth approximately $25,000. Altshuler Shaham Ltd acquired a new stake in Dollar General during the 4th quarter valued at $25,000. Wilmington Savings Fund Society FSB acquired a new stake in Dollar General during the 3rd quarter valued at $33,000. Providence First Trust Co purchased a new stake in Dollar General during the 4th quarter worth $33,000. Finally, Bogart Wealth LLC lifted its holdings in Dollar General by 279.8% in the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company's stock worth $37,000 after buying an additional 361 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company's stock.

Insider Activity

In other news, EVP Emily C. Taylor sold 809 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the completion of the sale, the executive vice president now directly owns 48,532 shares of the company's stock, valued at $4,596,951.04. This represents a 1.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.56% of the company's stock.

Dollar General Price Performance

Shares of DG stock traded up $0.84 during mid-day trading on Wednesday, hitting $94.17. 2,166,547 shares of the stock traded hands, compared to its average volume of 3,918,172. Dollar General Co. has a twelve month low of $66.43 and a twelve month high of $147.87. 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 firm has a market cap of $20.71 billion, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 2.18 and a beta of 0.40. The company's 50-day simple moving average is $84.97 and its 200-day simple moving average is $79.00.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported $1.68 EPS for the quarter, beating 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 company had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.26 billion. During the same quarter in the prior year, the firm earned $1.83 EPS. The company's quarterly revenue was up 4.5% compared to the same quarter last year. As a group, equities research analysts expect that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Tuesday, April 8th. Dollar General's dividend payout ratio (DPR) is currently 46.18%.

Analyst Ratings Changes

DG has been the topic of a number of analyst reports. Telsey Advisory Group reaffirmed a "market perform" rating and set a $85.00 target price on shares of Dollar General in a research report on Thursday, March 13th. UBS Group cut their target price on Dollar General from $108.00 to $95.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. Truist Financial raised their price target on shares of Dollar General from $76.00 to $93.00 and gave the stock a "hold" rating in a research report on Tuesday, April 8th. Gordon Haskett lowered shares of Dollar General from a "hold" rating to a "reduce" rating in a research note on Wednesday, April 9th. Finally, Bank of America reduced their price objective on shares of Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $94.75.

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.