First National Trust Co Has $962,000 Stock Holdings in Dollar General Co. (NYSE:DG)

First National Trust Co trimmed its holdings in Dollar General Co. (NYSE:DG - Free Report) by 76.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,078 shares of the company's stock after selling 23,223 shares during the quarter. First National Trust Co's holdings in Dollar General were worth $962,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DG. McGlone Suttner Wealth Management Inc. purchased a new stake in Dollar General in the fourth quarter valued at approximately $25,000. Studio Investment Management LLC purchased a new stake in Dollar General in the third quarter valued at approximately $26,000. MV Capital Management Inc. raised its stake in shares of Dollar General by 78.0% during the fourth quarter. MV Capital Management Inc. now owns 219 shares of the company's stock worth $30,000 after purchasing an additional 96 shares during the last quarter. Covestor Ltd raised its stake in shares of Dollar General by 48.3% during the third quarter. Covestor Ltd now owns 304 shares of the company's stock worth $33,000 after purchasing an additional 99 shares during the last quarter. Finally, Lowe Wealth Advisors LLC purchased a new stake in shares of Dollar General during the fourth quarter worth approximately $33,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Ralph Santana sold 3,009 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $505,778.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related 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 transaction, the executive vice president now 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 available at this link. Also, Director Ralph Santana sold 3,009 shares of the stock in a transaction that occurred 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 owns 3,248 shares in the company, valued at approximately $505,778.56. The disclosure for this sale can be found here. 0.49% of the stock is owned by corporate insiders.

Analyst Ratings Changes

DG has been the subject of several analyst reports. Morgan Stanley upped their price target on Dollar General from $160.00 to $170.00 and gave the stock an "overweight" rating in a research note on Friday, March 15th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $170.00 price objective on shares of Dollar General in a report on Tuesday, April 2nd. Argus upped their price objective on Dollar General from $160.00 to $175.00 and gave the stock a "buy" rating in a report on Thursday, March 28th. Raymond James upped their price objective on Dollar General from $150.00 to $165.00 and gave the stock an "outperform" rating in a report on Friday, March 15th. Finally, JPMorgan Chase & Co. upped their price objective on Dollar General from $158.00 to $161.00 and gave the stock a "neutral" rating in a report on Monday, April 15th. Fifteen analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $153.08.

Dollar General Price Performance

DG stock traded up $0.34 during trading 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 firm has a market capitalization of $30.20 billion, a price-to-earnings ratio of 18.19, a P/E/G ratio of 2.46 and a beta of 0.44. The business has a 50 day moving average of $150.07 and a 200 day moving average of $136.83. Dollar General Co. has a fifty-two week low of $101.09 and a fifty-two week high of $221.50. The company has a current ratio of 1.19, a quick ratio of 0.15 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 earnings per share for the quarter, beating analysts' consensus estimates of $1.74 by $0.09. Dollar General had a net margin of 4.29% and a return on equity of 26.13%. The company had revenue of $9.86 billion during the quarter, compared to the consensus estimate of $9.77 billion. During the same period in the prior year, the company earned $2.96 EPS. Dollar General's revenue was down 3.4% on a year-over-year basis. As a group, research analysts predict that Dollar General Co. will post 7.28 earnings per share for the current year.

Dollar General Dividend Announcement

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