GW Henssler & Associates Ltd. Sells 52,052 Shares of Dollar General Co. (NYSE:DG)

GW Henssler & Associates Ltd. trimmed its position in Dollar General Co. (NYSE:DG - Free Report) by 34.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 100,147 shares of the company's stock after selling 52,052 shares during the quarter. GW Henssler & Associates Ltd.'s holdings in Dollar General were worth $13,615,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Fiduciary Trust Co. grew its holdings in shares of Dollar General by 0.7% during the first quarter. Fiduciary Trust Co. now owns 8,868 shares of the company's stock valued at $1,866,000 after buying an additional 64 shares during the last quarter. SevenOneSeven Capital Management lifted its position in Dollar General by 5.4% in the 2nd quarter. SevenOneSeven Capital Management now owns 1,257 shares of the company's stock valued at $207,000 after acquiring an additional 64 shares in the last quarter. Kinneret Advisory LLC increased its holdings in 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 in the last quarter. Cito Capital Group LLC raised its stake in shares of Dollar General by 2.5% in the first 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 last quarter. Finally, Evergreen Capital Management LLC lifted its holdings in shares of Dollar General by 7.6% in the fourth quarter. Evergreen Capital Management LLC now owns 1,160 shares of the company's stock valued at $286,000 after purchasing an additional 82 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Trading Up 0.8 %

Shares of NYSE:DG traded up $1.24 on Wednesday, reaching $154.63. 1,884,087 shares of the company traded hands, compared to its average volume of 2,412,863. Dollar General Co. has a 52 week low of $101.09 and a 52 week high of $222.99. The company has a current ratio of 1.19, a quick ratio of 0.15 and a debt-to-equity ratio of 0.92. The business's 50-day simple moving average is $147.58 and its 200 day simple moving average is $132.18. The stock has a market capitalization of $33.97 billion, a P/E ratio of 20.29, a price-to-earnings-growth ratio of 2.80 and a beta of 0.42.

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

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 23rd. Investors of record on Tuesday, April 9th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Monday, April 8th. Dollar General's dividend payout ratio (DPR) is presently 31.22%.

Insider Buying and Selling at Dollar General

In related news, EVP Carman R. Wenkoff sold 5,909 shares of the company's stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $162.23, for a total value of $958,617.07. Following 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 document filed with the SEC, which is accessible through the SEC website. 0.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Wells Fargo & Company upped their price target on Dollar General from $125.00 to $155.00 and gave the stock an "equal weight" rating in a report on Friday, March 15th. BMO Capital Markets upped their price objective on shares of Dollar General from $130.00 to $160.00 and gave the stock a "market perform" rating in a research report on Friday, March 15th. Morgan Stanley lifted their target price on shares of Dollar General from $160.00 to $170.00 and gave the stock an "overweight" rating in a research report on Friday, March 15th. Evercore ISI decreased their price target on Dollar General from $162.00 to $160.00 and set an "in-line" rating for the company in a research report on Tuesday, April 2nd. Finally, Barclays upgraded Dollar General from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $124.00 to $154.00 in a report on Thursday, January 4th. Fifteen investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $152.96.

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.

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