Dollar General Co. (NYSE:DG) Shares Bought by ING Groep NV

ING Groep NV raised its position in Dollar General Co. (NYSE:DG) by 852.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 184,788 shares of the company’s stock after purchasing an additional 165,379 shares during the period. ING Groep NV owned about 0.08% of Dollar General worth $14,011,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Metis Global Partners LLC grew its holdings in Dollar General by 2.0% in the third quarter. Metis Global Partners LLC now owns 7,042 shares of the company’s stock valued at $596,000 after purchasing an additional 135 shares during the last quarter. Empirical Finance LLC lifted its position in shares of Dollar General by 2.0% in the third quarter. Empirical Finance LLC now owns 7,768 shares of the company’s stock valued at $657,000 after acquiring an additional 153 shares in the last quarter. Bruce G. Allen Investments LLC lifted its position in shares of Dollar General by 20.3% in the fourth quarter. Bruce G. Allen Investments LLC now owns 953 shares of the company’s stock valued at $72,000 after acquiring an additional 161 shares in the last quarter. Peoples Bank KS lifted its position in shares of Dollar General by 19.1% in the fourth quarter. Peoples Bank KS now owns 1,435 shares of the company’s stock valued at $109,000 after acquiring an additional 230 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Dollar General by 126.4% in the fourth quarter. Venturi Wealth Management LLC now owns 498 shares of the company’s stock valued at $38,000 after acquiring an additional 278 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on DG shares. Evercore ISI reduced their price objective on Dollar General from $97.00 to $95.00 and set an “in-line” rating on the stock in a research report on Tuesday, December 3rd. Gordon Haskett downgraded Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Bernstein Bank reduced their target price on Dollar General from $98.00 to $94.00 in a research report on Friday, November 15th. Bank of America upgraded Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 target price on the stock in a research report on Friday, December 6th. Finally, The Goldman Sachs Group reduced their target price on Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $96.77.

Insider Buying and Selling at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 4,740 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $77.44, for a total transaction of $367,065.60. Following the transaction, the executive vice president now owns 15,575 shares of the company’s stock, valued at $1,206,128. This trade represents a 23.33 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael M. Calbert sold 6,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total value of $451,620.00. Following the transaction, the director now directly owns 120,322 shares in the company, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is owned by insiders.

Dollar General Price Performance

DG stock opened at $76.16 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. Dollar General Co. has a 1 year low of $66.43 and a 1 year high of $168.07. The firm has a market cap of $16.75 billion, a P/E ratio of 12.55, a price-to-earnings-growth ratio of 2.15 and a beta of 0.43. The stock has a 50-day simple moving average of $73.27 and a 200-day simple moving average of $83.28.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company had revenue of $10.18 billion during the quarter, compared to analyst estimates of $10.14 billion. During the same quarter last year, the business posted $1.26 EPS. Dollar General’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, equities analysts predict that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th were paid a dividend of $0.59 per share. The ex-dividend date was Tuesday, January 7th. This represents a $2.36 dividend on an annualized basis and a yield of 3.10%. Dollar General’s dividend payout ratio (DPR) is presently 38.88%.

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.