Boston Trust Walden Corp Has $46.37 Million Holdings in Dollar General Co. (NYSE:DG)

Boston Trust Walden Corp lessened its holdings in Dollar General Co. (NYSE:DG - Free Report) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 341,042 shares of the company's stock after selling 6,386 shares during the quarter. Boston Trust Walden Corp owned 0.16% of Dollar General worth $46,365,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of DG. Fiduciary Trust Co. grew its holdings in shares of Dollar General by 0.7% during the 1st quarter. Fiduciary Trust Co. now owns 8,868 shares of the company's stock worth $1,866,000 after purchasing an additional 64 shares during the period. SevenOneSeven Capital Management grew its holdings in shares of Dollar General by 5.4% during the 2nd quarter. SevenOneSeven Capital Management now owns 1,257 shares of the company's stock worth $207,000 after purchasing an additional 64 shares during the period. Kinneret Advisory LLC grew its holdings in shares of Dollar General by 2.3% during the 1st quarter. Kinneret Advisory LLC now owns 2,906 shares of the company's stock worth $647,000 after purchasing an additional 65 shares during the period. Cito Capital Group LLC grew its holdings in shares of Dollar General by 2.5% during the 1st quarter. Cito Capital Group LLC now owns 3,100 shares of the company's stock worth $652,000 after purchasing an additional 75 shares during the period. Finally, Evergreen Capital Management LLC grew its holdings in shares of Dollar General by 7.6% during the 4th quarter. Evergreen Capital Management LLC now owns 1,160 shares of the company's stock worth $286,000 after purchasing an additional 82 shares during the period. Institutional investors and hedge funds own 91.77% of the company's stock.

Analyst Upgrades and Downgrades

DG has been the topic of a number of analyst reports. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $170.00 price target on shares of Dollar General in a research report on Tuesday. BMO Capital Markets increased their price target on Dollar General from $130.00 to $160.00 and gave the company a "market perform" rating in a research report on Friday, March 15th. Piper Sandler reaffirmed a "neutral" rating and issued a $147.00 price target (up previously from $127.00) on shares of Dollar General in a research report on Friday, March 15th. JPMorgan Chase & Co. raised Dollar General from an "underweight" rating to a "neutral" rating and increased their price target for the company from $120.00 to $158.00 in a research report on Tuesday, March 12th. Finally, Citigroup increased their price target on Dollar General from $115.00 to $138.00 and gave the company a "neutral" rating in a research report on Friday, December 8th. Fifteen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $152.96.

Dollar General Stock Performance

DG traded up $0.51 during trading on Friday, hitting $159.55. 2,614,311 shares of the stock were exchanged, compared to its average volume of 2,413,936. The stock has a fifty day moving average price of $146.17 and a two-hundred day moving average price of $130.98. Dollar General Co. has a 1-year low of $101.09 and a 1-year high of $222.99. The firm has a market capitalization of $35.05 billion, a P/E ratio of 21.03, a PEG ratio of 2.85 and a beta of 0.42. The company has a quick ratio of 0.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.92.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings results on Thursday, March 14th. The company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.74 by $0.09. Dollar General had a return on equity of 26.13% and a net margin of 4.29%. The business had revenue of $9.86 billion during the quarter, compared to analysts' expectations of $9.77 billion. During the same quarter in the prior year, the business earned $2.96 earnings per share. The company's quarterly revenue was down 3.4% compared to the same quarter last year. As a group, sell-side analysts predict that Dollar General Co. will post 7.28 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th will be given a dividend of $0.59 per share. The ex-dividend date is Monday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 1.48%. Dollar General's payout ratio is currently 31.22%.

Insiders Place Their Bets

In other Dollar General news, EVP Carman R. Wenkoff sold 5,909 shares of the company's stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $162.23, for a total transaction of $958,617.07. Following the completion of the transaction, the executive vice president now owns 28,579 shares in the company, valued at approximately $4,636,371.17. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.60% 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.