Livforsakringsbolaget Skandia Omsesidigt Buys 234 Shares of Dollar General Co. (NYSE:DG)

Livforsakringsbolaget Skandia Omsesidigt raised its stake in Dollar General Co. (NYSE:DG) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,094 shares of the company’s stock after buying an additional 234 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Dollar General were worth $1,236,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. First Manhattan Co. grew its position in shares of Dollar General by 447.4% in the 4th quarter. First Manhattan Co. now owns 104 shares of the company’s stock valued at $26,000 after buying an additional 85 shares during the last quarter. Financial Freedom LLC bought a new stake in shares of Dollar General during the 4th quarter valued at about $26,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Dollar General during the 1st quarter valued at about $28,000. Atlas Capital Advisors LLC bought a new stake in shares of Dollar General during the 2nd quarter valued at about $32,000. Finally, McGlone Suttner Wealth Management Inc. bought a new stake in shares of Dollar General during the 4th quarter valued at about $25,000. Institutional investors own 91.77% of the company’s stock.

Insider Transactions at Dollar General

In other news, Director Ralph Santana sold 3,009 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total value of $468,561.48. Following the completion of the transaction, the director now directly owns 3,248 shares of the company’s stock, valued at $505,778.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Ralph Santana sold 3,009 shares of Dollar General stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total transaction of $468,561.48. Following the completion of the sale, the director now owns 3,248 shares of the company’s stock, valued at $505,778.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Carman R. Wenkoff sold 5,909 shares of Dollar General stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $162.23, for a total value of $958,617.07. Following the sale, the executive vice president now directly owns 28,579 shares of the company’s stock, valued at approximately $4,636,371.17. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company’s stock.

Dollar General Stock Performance

NYSE:DG opened at $144.32 on Thursday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.19 and a quick ratio of 0.15. The business has a fifty day simple moving average of $149.24 and a two-hundred day simple moving average of $133.78. Dollar General Co. has a 1 year low of $101.09 and a 1 year high of $222.99. The company has a market capitalization of $31.70 billion, a P/E ratio of 19.11, a P/E/G ratio of 2.59 and a beta of 0.42.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 14th. The company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.09. Dollar General had a return on equity of 26.13% and a net margin of 4.29%. The business had revenue of $9.86 billion during the quarter, compared to the consensus estimate of $9.77 billion. During the same period last year, the business posted $2.96 earnings per share. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, analysts expect that Dollar General Co. will post 7.28 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 23rd. Stockholders of record on Tuesday, April 9th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Monday, April 8th. Dollar General’s payout ratio is currently 31.22%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Piper Sandler reiterated a “neutral” rating and issued a $147.00 price target (up previously from $127.00) on shares of Dollar General in a report on Friday, March 15th. BMO Capital Markets increased their price target on Dollar General from $130.00 to $160.00 and gave the stock a “market perform” rating in a report on Friday, March 15th. Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 price target on shares of Dollar General in a report on Tuesday, April 2nd. JPMorgan Chase & Co. increased their price target on Dollar General from $158.00 to $161.00 and gave the stock a “neutral” rating in a report on Monday. Finally, The Goldman Sachs Group increased their price target on Dollar General from $147.00 to $169.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Fifteen investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $153.08.

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.