1,598 Shares in Dollar General Co. (NYSE:DG) Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. purchased a new stake in shares of Dollar General Co. (NYSE:DG) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 1,598 shares of the company’s stock, valued at approximately $217,000.

Several other institutional investors also recently bought and sold shares of DG. Sheets Smith Wealth Management acquired a new stake in shares of Dollar General in the fourth quarter worth approximately $216,000. Clearstead Trust LLC acquired a new stake in shares of Dollar General in the fourth quarter worth approximately $356,000. Royal Fund Management LLC acquired a new stake in shares of Dollar General in the fourth quarter worth approximately $2,150,000. Axxcess Wealth Management LLC boosted its stake in shares of Dollar General by 17.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,396 shares of the company’s stock worth $462,000 after acquiring an additional 494 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its stake in shares of Dollar General by 426.5% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 10,535 shares of the company’s stock worth $1,432,000 after acquiring an additional 8,534 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Oppenheimer reaffirmed a “market perform” rating on shares of Dollar General in a research note on Wednesday, March 6th. Raymond James upped their price target on Dollar General from $150.00 to $165.00 and gave the company an “outperform” rating in a research note on Friday, March 15th. BMO Capital Markets lifted 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. Argus raised their price objective on Dollar General from $160.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, March 28th. Finally, The Goldman Sachs Group increased their price objective on Dollar General from $147.00 to $169.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Fifteen equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $153.08.

Dollar General Trading Up 2.8 %

Shares of Dollar General stock traded up $3.76 during midday trading on Tuesday, reaching $139.90. The company had a trading volume of 2,561,523 shares, compared to its average volume of 2,309,099. The firm has a market cap of $30.73 billion, a PE ratio of 18.01, a P/E/G ratio of 2.46 and a beta of 0.44. The stock has a fifty day moving average price of $150.02 and a 200 day moving average price of $136.97. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.19 and a quick ratio of 0.15. Dollar General Co. has a fifty-two week low of $101.09 and a fifty-two week high of $221.50.

Dollar General (NYSE:DG) last issued its quarterly 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 net margin of 4.29% and a return on equity of 26.13%. The firm had revenue of $9.86 billion for the quarter, compared to the consensus estimate of $9.77 billion. During the same quarter in the previous year, the company earned $2.96 EPS. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, equities analysts anticipate that Dollar General Co. will post 7.28 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 23rd. Stockholders of record on Tuesday, April 9th were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date was Monday, April 8th. Dollar General’s dividend payout ratio is 31.22%.

Insider Activity

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

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.