3 days Ago By ABMN Staff
Schroder Investment Management Group lessened its stake in Dollar General Co. ( NYSE:DG – Free Report ) by 14.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC.
The firm owned 15,539 shares of the company’s stock after selling 2,600 shares during the period. Schroder Investment Management Group’s holdings in Dollar General were worth $1,176,000 at the end of the most recent reporting period. A number of other institutional investors have also added to or reduced their stakes in DG.
Public Sector Pension Investment Board raised its stake in shares of Dollar General by 14.3% in the third quarter. Public Sector Pension Investment Board now owns 9,601 shares of the company’s stock valued at $812,000 after purchasing an additional 1,200 shares in the last quarter.
Centiva Capital LP raised its stake in shares of Dollar General by 79.7% in the 3rd quarter. Centiva Capital LP now owns 5,749 shares of the company’s stock valued at $486,000 after buying an additional 2,549 shares in the last quarter.
Integrated Wealth Concepts LLC lifted its holdings in shares of Dollar General by 23.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 11,466 shares of the company’s stock worth $970,000 after acquiring an additional 2,213 shares during the period.
State Street Corp boosted its position in shares of Dollar General by 8.3% during the 3rd quarter. State Street Corp now owns 9,958,704 shares of the company’s stock valued at $842,208,000 after acquiring an additional 759,869 shares in the last quarter.
Finally, Two Sigma Advisers LP bought a new stake in Dollar General in the third quarter valued at about $29,819,000. 91.77% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of equities research analysts have weighed in on the company. Bank of America decreased their price objective on Dollar General from $95.00 to $90.
00 and set a “buy” rating on the stock in a report on Friday, March 14th. The Goldman Sachs Group dropped their price objective on Dollar General from $104.00 to $93.
00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. Telsey Advisory Group restated a “market perform” rating and issued a $85.00 target price on shares of Dollar General in a research note on Thursday, March 13th.
Morgan Stanley cut their price target on shares of Dollar General from $100.00 to $80.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st.
Finally, Citigroup decreased their price objective on shares of Dollar General from $73.00 to $69.00 and set a “sell” rating on the stock in a research note on Friday, March 7th.
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. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $92.
26. Dollar General Stock Down 1.7 % Shares of NYSE:DG opened at $92.
82 on Monday. The company has a 50 day moving average of $78.10 and a 200-day moving average of $78.
02. Dollar General Co. has a one year low of $66.
43 and a one year high of $159.52. The stock has a market cap of $20.
41 billion, a price-to-earnings ratio of 15.29, a P/E/G ratio of 2.18 and a beta of 0.
40. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.
15 and a quick ratio of 0.15. Dollar General ( NYSE:DG – Get Free Report ) last posted its quarterly 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. Dollar General had a return on equity of 18.85% and a net margin of 3.
33%. The company had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.
26 billion. During the same quarter in the prior year, the business posted $1.83 EPS.
The firm’s quarterly revenue was up 4.5% on a year-over-year basis. On average, sell-side analysts forecast that Dollar General Co.
will post 5.75 earnings per share for the current year. Dollar General Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd.
Stockholders of record on Tuesday, April 8th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, April 8th.
This represents a $2.36 annualized dividend and a dividend yield of 2.54%.
Dollar General’s payout ratio is currently 46.18%. Dollar General Company Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Co.
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