National Pension Service Buys 9,840 Shares of Dollar General Co. (NYSE:DG)

National Pension Service boosted its position in shares of Dollar General Co. (NYSE:DG - Free Report) by 2.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 446,196 shares of the company's stock after acquiring an additional 9,840 shares during the period. National Pension Service owned about 0.20% of Dollar General worth $60,660,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of DG. ORG Partners LLC increased its position in Dollar General by 13.2% during the fourth quarter. ORG Partners LLC now owns 754 shares of the company's stock worth $103,000 after buying an additional 88 shares during the period. Horrell Capital Management Inc. raised its position in Dollar General by 0.3% in the fourth 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 in the last quarter. MV Capital Management Inc. lifted its position in shares of Dollar General by 78.0% during the 4th quarter. MV Capital Management Inc. now owns 219 shares of the company's stock valued at $30,000 after acquiring an additional 96 shares during the period. Resonant Capital Advisors LLC increased its position in shares of Dollar General by 0.7% in the third quarter. Resonant Capital Advisors LLC now owns 13,796 shares of the company's stock valued at $1,460,000 after buying an additional 98 shares in the last quarter. Finally, Covestor Ltd lifted its holdings in shares of Dollar General by 48.3% in the third quarter. Covestor Ltd now owns 304 shares of the company's stock valued at $33,000 after purchasing an additional 99 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Stock Up 2.4 %

NYSE:DG traded up $3.34 during trading hours on Thursday, hitting $140.86. The stock had a trading volume of 1,899,800 shares, compared to its average volume of 2,298,442. The business has a 50 day simple moving average of $149.81 and a two-hundred day simple moving average of $137.15. Dollar General Co. has a 1-year low of $101.09 and a 1-year high of $221.30. The company has a current ratio of 1.19, a quick ratio of 0.15 and a debt-to-equity ratio of 0.92. The company has a market cap of $30.94 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 2.46 and a beta of 0.44.

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 (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.09. The firm had revenue of $9.86 billion for the quarter, compared to the consensus estimate of $9.77 billion. Dollar General had a net margin of 4.29% and a return on equity of 26.13%. The firm's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.96 EPS. Analysts predict that Dollar General Co. will post 7.28 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 23rd. Stockholders of record on Tuesday, April 9th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was Monday, April 8th. Dollar General's payout ratio is currently 31.22%.

Insider Activity at Dollar General

In related news, Director Ralph Santana sold 3,009 shares of Dollar General 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 completion of the transaction, the director now directly owns 3,248 shares in the company, valued at $505,778.56. The transaction was disclosed in a legal 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 the firm's stock in a transaction dated Thursday, April 11th. The shares were 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 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 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 sale, the executive vice president now 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 currently owned by corporate insiders.

Analyst Ratings Changes

DG has been the subject of a number of analyst reports. Telsey Advisory Group reissued an "outperform" rating and issued a $170.00 price target on shares of Dollar General in a report on Tuesday, April 2nd. Raymond James raised their price target on shares of Dollar General from $150.00 to $165.00 and gave the stock an "outperform" rating in a research note on Friday, March 15th. Piper Sandler reiterated a "neutral" rating and set a $147.00 price target (up from $127.00) on shares of Dollar General in a report on Friday, March 15th. Evercore ISI reduced their price objective on shares of Dollar General from $162.00 to $160.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. raised their target price 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's stock. Based on data from MarketBeat, Dollar General has a consensus rating of "Hold" and a consensus target price of $153.08.

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.