201,536 Shares in Dollar General Co. (NYSE:DG) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new position in Dollar General Co. (NYSE:DG - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 201,536 shares of the company's stock, valued at approximately $15,280,000. Susquehanna Fundamental Investments LLC owned 0.09% of Dollar General at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of DG. Coldstream Capital Management Inc. boosted its stake in Dollar General by 112.8% during the fourth quarter. Coldstream Capital Management Inc. now owns 6,846 shares of the company's stock valued at $519,000 after buying an additional 3,629 shares during the last quarter. Two Sigma Securities LLC raised its stake in Dollar General by 148.3% during the fourth quarter. Two Sigma Securities LLC now owns 4,577 shares of the company's stock valued at $347,000 after purchasing an additional 2,734 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new position in shares of Dollar General in the 4th quarter worth $208,000. Integrated Wealth Concepts LLC raised its position in shares of Dollar General by 101.7% during the 4th quarter. Integrated Wealth Concepts LLC now owns 23,130 shares of the company's stock valued at $1,754,000 after buying an additional 11,664 shares in the last quarter. Finally, Symmetry Investments LP bought a new position in shares of Dollar General in the 4th quarter valued at about $867,000. Institutional investors own 91.77% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $80.00 price objective (down from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Morgan Stanley dropped their price objective on shares of Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. Citigroup raised shares of Dollar General from a "sell" rating to a "neutral" rating and increased their target price for the company from $69.00 to $101.00 in a research note on Monday, April 7th. Barclays cut their price target on shares of Dollar General from $102.00 to $100.00 and set an "overweight" rating on the stock in a report on Thursday, January 9th. Finally, Truist Financial upped their target price on Dollar General from $76.00 to $93.00 and gave the company a "hold" rating in a research note on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $94.75.

Dollar General Stock Up 0.1 %

Shares of NYSE:DG traded up $0.11 on Friday, reaching $90.66. The company had a trading volume of 1,697,872 shares, compared to its average volume of 3,933,681. The firm has a market capitalization of $19.94 billion, a PE ratio of 14.93, a PEG ratio of 2.18 and a beta of 0.40. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $147.87. The firm's 50 day simple moving average is $85.54 and its 200-day simple moving average is $79.18.

Dollar General (NYSE:DG - Get Free Report) last announced its earnings results on Thursday, March 13th. The company reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.17. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.26 billion. During the same period in the previous year, the company posted $1.83 earnings per share. The firm's revenue was up 4.5% on a year-over-year basis. As a group, analysts expect that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $2.36 annualized dividend and a dividend yield of 2.60%. Dollar General's dividend payout ratio is presently 46.18%.

Insider Transactions at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of the firm's stock in a transaction on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the completion of the transaction, the executive vice president now owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. This trade represents a 1.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.56% of the company's stock.

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.