LMR Partners LLP acquired a new position in shares of Dollar General Corp. (NYSE:DG) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 5,142 shares of the company’s stock, valued at approximately $556,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DG. Advocacy Wealth Management Services LLC boosted its stake in shares of Dollar General by 96.4% during the 4th quarter. Advocacy Wealth Management Services LLC now owns 271 shares of the company’s stock valued at $29,000 after buying an additional 133 shares during the period. WESPAC Advisors SoCal LLC acquired a new stake in shares of Dollar General during the 4th quarter valued at $30,000. Whittier Trust Co. boosted its stake in shares of Dollar General by 66.3% during the 4th quarter. Whittier Trust Co. now owns 291 shares of the company’s stock valued at $31,000 after buying an additional 116 shares during the period. We Are One Seven LLC acquired a new stake in shares of Dollar General during the 4th quarter valued at $35,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Dollar General by 282.0% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 382 shares of the company’s stock valued at $41,000 after buying an additional 282 shares during the period. Hedge funds and other institutional investors own 96.00% of the company’s stock.

DG has been the subject of a number of research reports. Credit Suisse Group set a $108.00 target price on shares of Dollar General and gave the company a “hold” rating in a research note on Monday, November 26th. Zacks Investment Research lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Wednesday, November 28th. ValuEngine lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Wednesday, December 5th. Citigroup reduced their price objective on shares of Dollar General from $133.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, December 10th. Finally, Morgan Stanley set a $115.00 price objective on shares of Dollar General and gave the company a “buy” rating in a research note on Wednesday, December 26th. One research analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $117.61.

DG stock opened at $113.89 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 0.22. Dollar General Corp. has a 1 year low of $86.87 and a 1 year high of $121.27. The firm has a market capitalization of $31.44 billion, a P/E ratio of 25.37, a price-to-earnings-growth ratio of 1.42 and a beta of 0.71.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 14th. The company reported $1.84 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.89 by ($0.05). The firm had revenue of $6.65 billion for the quarter, compared to analyst estimates of $6.61 billion. Dollar General had a return on equity of 24.03% and a net margin of 7.24%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.48 EPS. Equities analysts forecast that Dollar General Corp. will post 6.02 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th will be given a dividend of $0.32 per share. This is a positive change from Dollar General’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Monday, April 8th. This represents a $1.28 dividend on an annualized basis and a yield of 1.12%. Dollar General’s payout ratio is currently 25.84%.

In other Dollar General news, EVP Robert D. Ravener sold 32,492 shares of the business’s stock in a transaction on Tuesday, January 8th. The shares were sold at an average price of $111.63, for a total transaction of $3,627,081.96. Following the completion of the transaction, the executive vice president now owns 33,307 shares of the company’s stock, valued at approximately $3,718,060.41. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is owned by insiders.

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Dollar General Company Profile

Dollar General Corp. engages in retailing of merchandise, including consumables, seasonal, home products, and apparel. Its brands include Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo The company was founded by J. L.

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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