Dollar General Co. (NYSE:DG) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd decreased its position in shares of Dollar General Co. (NYSE:DG) by 93.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,473 shares of the company’s stock after selling 137,933 shares during the quarter. WINTON GROUP Ltd’s holdings in Dollar General were worth $718,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DG. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Dollar General by 6.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 355,312 shares of the company’s stock worth $26,531,000 after buying an additional 20,513 shares in the last quarter. Parametrica Management Ltd acquired a new position in Dollar General during the 4th quarter worth $429,000. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Dollar General by 4.6% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 106,598 shares of the company’s stock worth $8,082,000 after purchasing an additional 4,733 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in shares of Dollar General during the fourth quarter valued at $139,000. Finally, Vanguard Group Inc. raised its stake in shares of Dollar General by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 25,231,285 shares of the company’s stock valued at $1,913,036,000 after purchasing an additional 160,853 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Stock Down 1.7 %

NYSE:DG opened at $86.03 on Friday. The business’s fifty day moving average price is $76.12 and its 200 day moving average price is $77.85. The firm has a market capitalization of $18.92 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 2.18 and a beta of 0.44. 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 1-year low of $66.43 and a 1-year high of $164.12.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, March 13th. The company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.17. The company had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.26 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.83 EPS. On average, sell-side analysts forecast that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Tuesday, April 8th. Dollar General’s dividend payout ratio is currently 46.18%.

Analyst Upgrades and Downgrades

DG has been the subject of a number of recent analyst reports. The Goldman Sachs Group decreased their target price on shares of Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Telsey Advisory Group reiterated a “market perform” rating and issued a $85.00 price objective on shares of Dollar General in a report on Thursday, March 13th. BMO Capital Markets boosted their target price on Dollar General from $80.00 to $84.00 and gave the stock a “market perform” rating in a report on Friday, December 6th. Bank of America decreased their price target on Dollar General from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, March 14th. Finally, Piper Sandler boosted their price objective on Dollar General from $79.00 to $81.00 and gave the stock a “neutral” rating in a research note on Friday, March 14th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $92.26.

Insider Transactions at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of Dollar General stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the completion of the sale, the director now directly owns 120,322 shares in the company, valued at $9,056,636.94. The trade was a 4.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.49% of the stock is currently owned by company insiders.

Dollar General 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.