Markel Group Inc. Boosts Stock Holdings in Dollar General Co. (NYSE:DG)

Markel Group Inc. grew its holdings in Dollar General Co. (NYSE:DG - Free Report) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 654,250 shares of the company's stock after purchasing an additional 64,000 shares during the quarter. Markel Group Inc. owned approximately 0.30% of Dollar General worth $88,945,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Lindbrook Capital LLC raised its holdings in Dollar General by 12.3% in the third quarter. Lindbrook Capital LLC now owns 785 shares of the company's stock worth $83,000 after purchasing an additional 86 shares in the last quarter. ORG Partners LLC lifted its position in Dollar General by 13.2% during the fourth quarter. ORG Partners LLC now owns 754 shares of the company's stock valued at $103,000 after acquiring an additional 88 shares during the last quarter. Horrell Capital Management Inc. lifted its position in Dollar General by 0.3% during the fourth quarter. Horrell Capital Management Inc. now owns 29,224 shares of the company's stock valued at $3,973,000 after acquiring an additional 94 shares during the last quarter. MV Capital Management Inc. boosted its stake in Dollar General by 78.0% in the fourth quarter. MV Capital Management Inc. now owns 219 shares of the company's stock valued at $30,000 after acquiring an additional 96 shares in the last quarter. Finally, Resonant Capital Advisors LLC grew its holdings in Dollar General by 0.7% in the third quarter. Resonant Capital Advisors LLC now owns 13,796 shares of the company's stock worth $1,460,000 after purchasing an additional 98 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Insider Buying and Selling at Dollar General

In other news, EVP Carman R. Wenkoff sold 5,909 shares of the business's stock in a transaction dated 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 sale, the executive vice president now owns 28,579 shares of the company's stock, valued at $4,636,371.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Dollar General news, Director Ralph Santana sold 3,009 shares of Dollar General stock in a transaction on Thursday, April 11th. The shares were sold at an average price of $155.72, for a total transaction of $468,561.48. Following the sale, the director now owns 3,248 shares of the company's stock, valued at approximately $505,778.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Carman R. Wenkoff sold 5,909 shares of the stock in a transaction dated 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 sale, the executive vice president now owns 28,579 shares of the company's stock, valued at $4,636,371.17. The disclosure for this sale can be found here. Insiders own 0.49% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on DG shares. StockNews.com raised Dollar General from a "sell" rating to a "hold" rating in a research report on Wednesday, February 14th. BMO Capital Markets boosted their price target on Dollar General from $130.00 to $160.00 and gave the stock a "market perform" rating in a research note on Friday, March 15th. Barclays raised shares of Dollar General from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $124.00 to $154.00 in a research report on Thursday, January 4th. Wells Fargo & Company boosted their target price on shares of Dollar General from $125.00 to $155.00 and gave the stock an "equal weight" rating in a research report on Friday, March 15th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and issued a $170.00 price target on shares of Dollar General in a report on Tuesday, April 2nd. Fifteen equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $153.08.

Dollar General Stock Performance

Shares of NYSE DG traded down $0.58 during midday trading on Friday, reaching $142.07. 1,378,408 shares of the stock were exchanged, compared to its average volume of 2,314,912. The company has a quick ratio of 0.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.92. The firm has a market cap of $31.21 billion, a price-to-earnings ratio of 18.79, a PEG ratio of 2.56 and a beta of 0.42. The firm has a 50-day simple moving average of $150.37 and a two-hundred day simple moving average of $135.46. Dollar General Co. has a twelve month low of $101.09 and a twelve month high of $222.99.

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

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 23rd. Investors of record on Tuesday, April 9th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.66%. The ex-dividend date was Monday, April 8th. Dollar General's payout ratio is presently 31.22%.

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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