U.S. Capital Wealth Advisors LLC Acquires 8,534 Shares of Dollar General Co. (NYSE:DG)

U.S. Capital Wealth Advisors LLC increased its stake in shares of Dollar General Co. (NYSE:DG - Free Report) by 426.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,535 shares of the company's stock after buying an additional 8,534 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Dollar General were worth $1,432,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. McGlone Suttner Wealth Management Inc. bought a new stake in Dollar General during the 4th quarter worth $25,000. Studio Investment Management LLC bought a new position in Dollar General in the 3rd quarter valued at approximately $26,000. MV Capital Management Inc. boosted 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 buying an additional 96 shares during the period. Covestor Ltd grew its holdings in Dollar General by 48.3% during the 3rd quarter. Covestor Ltd now owns 304 shares of the company's stock worth $33,000 after acquiring an additional 99 shares during the last quarter. Finally, Lowe Wealth Advisors LLC acquired a new position in Dollar General in the 4th quarter valued at approximately $33,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Dollar General

In other news, EVP Carman R. Wenkoff sold 5,909 shares of Dollar General stock in a transaction 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 transaction, the executive vice president now directly owns 28,579 shares in the company, valued at $4,636,371.17. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Ralph Santana sold 3,009 shares of the business's 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 completion of the transaction, the director now directly owns 3,248 shares in the company, valued at approximately $505,778.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $958,617.07. Following the completion of the sale, the executive vice president now owns 28,579 shares in the company, valued at approximately $4,636,371.17. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DG. Telsey Advisory Group reiterated an "outperform" rating and set a $170.00 price target on shares of Dollar General in a report on Tuesday, April 2nd. StockNews.com raised Dollar General from a "sell" rating to a "hold" rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. lifted their price objective on Dollar General from $158.00 to $161.00 and gave the stock a "neutral" rating in a research note on Monday, April 15th. Oppenheimer reissued a "market perform" rating on shares of Dollar General in a research report on Wednesday, March 6th. Finally, Piper Sandler reissued a "neutral" rating and issued a $147.00 price objective (up from $127.00) on shares of Dollar General in a research note on Friday, March 15th. Fifteen research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $153.08.

Dollar General Stock Performance

Shares of NYSE DG traded down $1.32 during mid-day trading on Monday, reaching $136.17. 2,480,346 shares of the company's stock were exchanged, compared to its average volume of 2,306,252. The firm has a market capitalization of $29.91 billion, a price-to-earnings ratio of 18.01, a price-to-earnings-growth ratio of 2.46 and a beta of 0.44. The firm has a 50-day moving average price of $150.02 and a two-hundred day moving average price of $136.97. 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 52 week low of $101.09 and a 52 week high of $221.50.

Dollar General (NYSE:DG - Get Free Report) last released its 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. The firm had revenue of $9.86 billion for the quarter, compared to analysts' expectations of $9.77 billion. Dollar General had a net margin of 4.29% and a return on equity of 26.13%. The company's quarterly revenue was down 3.4% on a year-over-year basis. 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 year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th were given a dividend of $0.59 per share. The ex-dividend date was Monday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 1.73%. Dollar General's dividend payout ratio is presently 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.