5,456 Shares in Dollar General Co. (NYSE:DG) Acquired by Significant Wealth Partners LLC

Significant Wealth Partners LLC acquired a new position in shares of Dollar General Co. (NYSE:DG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,456 shares of the company's stock, valued at approximately $742,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Dollar General by 18.9% in the 3rd quarter. Vanguard Group Inc. now owns 21,711,407 shares of the company's stock valued at $2,297,067,000 after purchasing an additional 3,457,393 shares during the period. Northern Trust Corp increased its holdings in shares of Dollar General by 2.8% in the 3rd quarter. Northern Trust Corp now owns 2,346,674 shares of the company's stock valued at $248,278,000 after purchasing an additional 62,913 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Dollar General by 98.1% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,106,653 shares of the company's stock valued at $222,884,000 after purchasing an additional 1,043,141 shares during the period. Invesco Ltd. increased its holdings in shares of Dollar General by 44.2% in the 3rd quarter. Invesco Ltd. now owns 1,572,721 shares of the company's stock valued at $166,394,000 after purchasing an additional 481,881 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Dollar General by 78.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,426,318 shares of the company's stock valued at $150,904,000 after purchasing an additional 627,844 shares during the period. Institutional investors and hedge funds own 91.77% of the company's stock.

Dollar General Stock Performance

Shares of DG stock traded down $1.97 during trading hours on Monday, reaching $142.85. 2,168,804 shares of the company's stock were exchanged, compared to its average volume of 2,363,445. Dollar General Co. has a fifty-two week low of $101.09 and a fifty-two week high of $222.99. The stock has a market capitalization of $31.38 billion, a P/E ratio of 18.90, a P/E/G ratio of 2.59 and a beta of 0.42. The business has a fifty day moving average price of $149.76 and a 200-day moving average price of $134.80. 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 issued 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 company had revenue of $9.86 billion during the quarter, compared to analyst estimates of $9.77 billion. Dollar General had a return on equity of 26.13% and a net margin of 4.29%. The company's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.96 earnings per share. Analysts predict that Dollar General Co. will post 7.28 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 23rd. Investors of record on Tuesday, April 9th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Monday, April 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.65%. Dollar General's payout ratio is 31.22%.

Wall Street Analyst Weigh In

DG has been the topic of a number of research reports. Oppenheimer reiterated a "market perform" rating on shares of Dollar General in a report on Wednesday, March 6th. Argus boosted their price target on Dollar General from $160.00 to $175.00 and gave the company a "buy" rating in a research note on Thursday, March 28th. Barclays raised Dollar General from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $124.00 to $154.00 in a research note on Thursday, January 4th. Piper Sandler reissued a "neutral" rating and issued a $147.00 price target (up previously from $127.00) on shares of Dollar General in a research note on Friday, March 15th. Finally, Truist Financial boosted their price target on Dollar General from $125.00 to $140.00 and gave the company a "hold" rating in a research note on Friday, March 15th. Fifteen analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, Dollar General has an average rating of "Hold" and an average price target of $153.08.

Insider Activity at Dollar General

In related news, Director Ralph Santana sold 3,009 shares of the company's stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total value of $468,561.48. Following the completion of the transaction, the director now directly owns 3,248 shares in the company, valued at $505,778.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Dollar General news, EVP Carman R. Wenkoff sold 5,909 shares of the stock in a transaction on Thursday, April 4th. The stock was 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 directly owns 28,579 shares in the company, valued at $4,636,371.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ralph Santana sold 3,009 shares of the stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total value of $468,561.48. Following the transaction, the director now owns 3,248 shares of the company's stock, valued at $505,778.56. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by corporate 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.