Numerai GP LLC Buys 7,061 Shares of Dollar General Co. (NYSE:DG)

Numerai GP LLC increased its holdings in shares of Dollar General Co. (NYSE:DG - Free Report) by 59.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 19,003 shares of the company's stock after purchasing an additional 7,061 shares during the period. Numerai GP LLC's holdings in Dollar General were worth $1,441,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Franklin Resources Inc. boosted its stake in shares of Dollar General by 17.6% in the third quarter. Franklin Resources Inc. now owns 69,173 shares of the company's stock valued at $5,517,000 after buying an additional 10,333 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Dollar General by 2.6% in the third quarter. Principal Financial Group Inc. now owns 253,053 shares of the company's stock valued at $21,401,000 after buying an additional 6,372 shares during the period. Czech National Bank boosted its stake in shares of Dollar General by 6.4% in the fourth quarter. Czech National Bank now owns 47,682 shares of the company's stock valued at $3,615,000 after buying an additional 2,888 shares during the period. Moody National Bank Trust Division boosted its stake in shares of Dollar General by 8.9% in the fourth quarter. Moody National Bank Trust Division now owns 5,187 shares of the company's stock valued at $393,000 after buying an additional 424 shares during the period. Finally, Leibman Financial Services Inc. bought a new stake in shares of Dollar General in the fourth quarter valued at approximately $2,018,000. Institutional investors own 91.77% of the company's stock.

Dollar General Trading Up 0.6%

Shares of Dollar General stock traded up $0.56 during trading on Friday, hitting $93.55. The company's stock had a trading volume of 2,562,577 shares, compared to its average volume of 3,995,693. 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 52 week low of $66.43 and a 52 week high of $147.79. The stock has a market cap of $20.58 billion, a price-to-earnings ratio of 15.41, a price-to-earnings-growth ratio of 2.18 and a beta of 0.27. The stock has a 50-day moving average price of $88.81 and a two-hundred day moving average price of $79.95.

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

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 2.52%. Dollar General's dividend payout ratio (DPR) is currently 46.18%.

Wall Street Analyst Weigh In

DG has been the subject of several research analyst reports. Guggenheim boosted their price objective on shares of Dollar General from $100.00 to $105.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Gordon Haskett downgraded shares of Dollar General from a "hold" rating to a "reduce" rating in a research report on Wednesday, April 9th. Morgan Stanley lowered their price objective on shares of Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. Melius Research upgraded shares of Dollar General from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Dollar General in a research report on Monday, May 5th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $95.16.

Insider Buying and Selling at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of the company's stock in a transaction on Friday, April 4th. The shares were sold at an average price of $94.72, for a total transaction of $76,628.48. Following the sale, the executive vice president now owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. This represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.56% of the company's stock.

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.