Dollar General Co. (NYSE:DG) Shares Acquired by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. increased its position in Dollar General Co. (NYSE:DG) by 60.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,132 shares of the company’s stock after acquiring an additional 7,592 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Dollar General were worth $2,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lindbrook Capital LLC boosted its holdings in shares of Dollar General by 12.3% in the 3rd quarter. Lindbrook Capital LLC now owns 785 shares of the company’s stock valued at $83,000 after acquiring an additional 86 shares during the last quarter. ORG Partners LLC boosted its holdings in Dollar General by 13.2% in the fourth quarter. ORG Partners LLC now owns 754 shares of the company’s stock valued at $103,000 after purchasing an additional 88 shares during the last quarter. Horrell Capital Management Inc. boosted its holdings in Dollar General by 0.3% in the fourth quarter. Horrell Capital Management Inc. now owns 29,224 shares of the company’s stock valued at $3,973,000 after purchasing an additional 94 shares during the last quarter. MV Capital Management Inc. boosted its holdings in Dollar General by 78.0% in the fourth quarter. MV Capital Management Inc. now owns 219 shares of the company’s stock valued at $30,000 after purchasing an additional 96 shares during the last quarter. Finally, Resonant Capital Advisors LLC boosted its holdings in Dollar General by 0.7% in the third quarter. Resonant Capital Advisors LLC now owns 13,796 shares of the company’s stock valued at $1,460,000 after purchasing an additional 98 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Insider Buying and Selling at Dollar General

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $170.00 price target on shares of Dollar General in a report on Tuesday, April 2nd. The Goldman Sachs Group upped their price target on shares of Dollar General from $147.00 to $169.00 and gave the company a “buy” rating in a report on Friday, March 15th. Truist Financial upped their price target on shares of Dollar General from $125.00 to $140.00 and gave the company a “hold” rating in a report on Friday, March 15th. BMO Capital Markets increased their target price on shares of Dollar General from $130.00 to $160.00 and gave the stock a “market perform” rating in a research note on Friday, March 15th. Finally, Oppenheimer restated a “market perform” rating on shares of Dollar General in a research note on Wednesday, March 6th. Fifteen research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $153.08.

Dollar General Stock Performance

DG opened at $137.49 on Friday. The firm has a market capitalization of $30.20 billion, a PE ratio of 18.19, a PEG ratio of 2.46 and a beta of 0.44. Dollar General Co. has a twelve month low of $101.09 and a twelve month high of $221.50. The firm’s 50-day moving average price is $150.07 and its 200 day moving average price is $136.55. The company has a current ratio of 1.19, a quick ratio of 0.15 and a debt-to-equity ratio of 0.92.

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

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th were given a $0.59 dividend. The ex-dividend date was Monday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 1.72%. Dollar General’s payout ratio is currently 31.22%.

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.