Nomura Asset Management Co. Ltd. Has $4.92 Million Holdings in Dollar General Co. (NYSE:DG)

Nomura Asset Management Co. Ltd. grew its position in shares of Dollar General Co. (NYSE:DG) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,935 shares of the company’s stock after acquiring an additional 619 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Dollar General were worth $4,923,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. IMG Wealth Management Inc. bought a new stake in Dollar General during the 4th quarter worth approximately $25,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Dollar General during the third quarter valued at approximately $33,000. Providence First Trust Co bought a new stake in Dollar General during the fourth quarter worth $33,000. Bogart Wealth LLC raised its position in Dollar General by 279.8% in the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock valued at $37,000 after buying an additional 361 shares during the last quarter. Finally, OFI Invest Asset Management bought a new position in Dollar General during the 4th quarter valued at $37,000. 91.77% of the stock is currently owned by institutional investors.

Dollar General Stock Down 0.3 %

DG stock opened at $87.67 on Wednesday. Dollar General Co. has a twelve month low of $66.43 and a twelve month high of $164.12. The firm has a market capitalization of $19.28 billion, a PE ratio of 14.44, a PEG ratio of 2.18 and a beta of 0.44. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. The stock has a 50-day simple moving average of $76.83 and a two-hundred day simple moving average of $77.88.

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

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 2.69%. Dollar General’s dividend payout ratio is currently 46.18%.

Analyst Ratings Changes

DG has been the subject of several analyst reports. BMO Capital Markets increased their target price on shares of Dollar General from $80.00 to $84.00 and gave the company a “market perform” rating in a report on Friday, December 6th. Bank of America dropped their target price on shares of Dollar General from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. The Goldman Sachs Group reduced their target price on Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Telsey Advisory Group reissued a “market perform” rating and issued a $85.00 price objective on shares of Dollar General in a research report on Thursday, March 13th. Finally, UBS Group decreased their target price on Dollar General from $108.00 to $95.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $92.26.

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.