Natixis Advisors L.P. Acquires 90,120 Shares of Dollar General Co. (NYSE:DG)

Natixis Advisors L.P. boosted its holdings in shares of Dollar General Co. (NYSE:DG - Free Report) by 53.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 259,837 shares of the company's stock after purchasing an additional 90,120 shares during the period. Natixis Advisors L.P. owned about 0.12% of Dollar General worth $35,323,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Lindbrook Capital LLC boosted its position in Dollar General by 12.3% in the third quarter. Lindbrook Capital LLC now owns 785 shares of the company's stock valued at $83,000 after buying an additional 86 shares in the last quarter. ORG Partners LLC boosted its holdings in shares of Dollar General by 13.2% in the 4th quarter. ORG Partners LLC now owns 754 shares of the company's stock worth $103,000 after acquiring an additional 88 shares in the last quarter. Horrell Capital Management Inc. grew its position in Dollar General by 0.3% during the 4th quarter. Horrell Capital Management Inc. now owns 29,224 shares of the company's stock worth $3,973,000 after acquiring an additional 94 shares during the last quarter. MV Capital Management Inc. grew its position in Dollar General by 78.0% during the 4th quarter. MV Capital Management Inc. now owns 219 shares of the company's stock worth $30,000 after acquiring an additional 96 shares during the last quarter. Finally, Resonant Capital Advisors LLC increased its holdings in Dollar General by 0.7% during the 3rd quarter. Resonant Capital Advisors LLC now owns 13,796 shares of the company's stock valued at $1,460,000 after purchasing an additional 98 shares in the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Dollar General

In other news, EVP Carman R. Wenkoff sold 5,909 shares of the stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $162.23, for a total value 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 approximately $4,636,371.17. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director Ralph Santana sold 3,009 shares of Dollar General stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total transaction of $468,561.48. Following the completion of the transaction, the director now directly owns 3,248 shares in the company, valued at approximately $505,778.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Carman R. Wenkoff sold 5,909 shares of the business's stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $162.23, for a total value of $958,617.07. Following the transaction, the executive vice president now directly owns 28,579 shares in the company, valued at $4,636,371.17. The disclosure for this sale can be found here. 0.49% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Piper Sandler restated a "neutral" rating and set a $147.00 target price (up previously from $127.00) on shares of Dollar General in a report on Friday, March 15th. StockNews.com raised shares of Dollar General from a "sell" rating to a "hold" rating in a research note on Wednesday, February 14th. Telsey Advisory Group reiterated an "outperform" rating and set a $170.00 target price on shares of Dollar General in a research report on Tuesday, April 2nd. Wells Fargo & Company raised their price target on shares of Dollar General from $125.00 to $155.00 and gave the company an "equal weight" rating in a report on Friday, March 15th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Dollar General from $158.00 to $161.00 and gave the stock a "neutral" rating in a research report on Monday, April 15th. Fifteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, Dollar General presently has an average rating of "Hold" and an average target price of $153.08.

Dollar General Stock Up 0.2 %

Shares of Dollar General stock traded up $0.34 on Friday, hitting $137.49. The company had a trading volume of 2,268,787 shares, compared to its average volume of 1,959,535. The stock has a 50-day moving average of $150.07 and a 200-day moving average of $136.55. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.19 and a quick ratio of 0.15. Dollar General Co. has a twelve month low of $101.09 and a twelve month high of $221.50. The firm has a market capitalization of $30.20 billion, a P/E ratio of 18.19, a P/E/G ratio of 2.45 and a beta of 0.44.

Dollar General (NYSE:DG - Get Free Report) last announced its 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. The firm had revenue of $9.86 billion during the quarter, compared to analyst estimates of $9.77 billion. Dollar General had a net margin of 4.29% and a return on equity of 26.13%. The company's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.96 EPS. Research analysts predict that Dollar General Co. will post 7.28 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 23rd. Investors of record on Tuesday, April 9th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.72%. The ex-dividend date was Monday, April 8th. Dollar General's payout ratio is 31.22%.

Dollar General Company Profile

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.