37,668 Shares in Dollar General Co. (NYSE:DG) Bought by Virtu Financial LLC

Virtu Financial LLC bought a new position in Dollar General Co. (NYSE:DG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 37,668 shares of the company’s stock, valued at approximately $2,856,000.

Other hedge funds also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in shares of Dollar General during the fourth quarter valued at about $57,000. Eagle Rock Investment Company LLC boosted its stake in Dollar General by 16.3% in the fourth quarter. Eagle Rock Investment Company LLC now owns 28,827 shares of the company’s stock valued at $2,186,000 after acquiring an additional 4,048 shares during the period. Leibman Financial Services Inc. bought a new stake in shares of Dollar General during the fourth quarter valued at approximately $2,018,000. DAVENPORT & Co LLC raised its holdings in shares of Dollar General by 5,624.9% during the fourth quarter. DAVENPORT & Co LLC now owns 321,623 shares of the company’s stock valued at $24,385,000 after buying an additional 316,005 shares during the last quarter. Finally, Cynosure Group LLC raised its holdings in shares of Dollar General by 710.7% during the third quarter. Cynosure Group LLC now owns 25,343 shares of the company’s stock valued at $2,143,000 after buying an additional 22,217 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Stock Up 2.7 %

NYSE DG opened at $83.84 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. The firm has a 50-day simple moving average of $74.58 and a 200 day simple moving average of $77.72. Dollar General Co. has a twelve month low of $66.43 and a twelve month high of $164.12. The stock has a market cap of $18.44 billion, a PE ratio of 13.81, a PEG ratio of 2.18 and a beta of 0.44.

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

Dollar General Announces Dividend

The company also recently disclosed 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 2.82%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General’s payout ratio is 46.18%.

Insider Transactions at Dollar General

In related news, Director Michael M. Calbert sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the transaction, the director now owns 120,322 shares in the company, valued at $9,056,636.94. The trade was a 4.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on DG. Truist Financial dropped their target price on Dollar General from $94.00 to $83.00 and set a “hold” rating on the stock in a report on Friday, December 6th. UBS Group decreased their price target on shares of Dollar General from $108.00 to $95.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. Wells Fargo & Company lowered their price objective on shares of Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. BMO Capital Markets upped their price target on shares of Dollar General from $80.00 to $84.00 and gave the stock a “market perform” rating in a research note on Friday, December 6th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $85.00 price target on shares of Dollar General in a research note on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $92.26.

About Dollar General

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.