Nan Shan Life Insurance Co. Ltd. acquired a new position in shares of Dollar General Co. (NYSE:DG) in the 4th quarter, HoldingsChannel reports. The firm acquired 99,773 shares of the company’s stock, valued at approximately $20,982,000.

Other large investors have also recently bought and sold shares of the company. Wolff Wiese Magana LLC bought a new stake in Dollar General during the 4th quarter worth about $27,000. HM Payson & Co. acquired a new position in shares of Dollar General during the third quarter worth approximately $27,000. JJJ Advisors Inc. grew its stake in shares of Dollar General by 111.1% during the fourth quarter. JJJ Advisors Inc. now owns 133 shares of the company’s stock valued at $28,000 after purchasing an additional 70 shares during the last quarter. Jacobi Capital Management LLC increased its holdings in shares of Dollar General by 76.9% in the fourth quarter. Jacobi Capital Management LLC now owns 138 shares of the company’s stock valued at $29,000 after purchasing an additional 60 shares in the last quarter. Finally, Black Swift Group LLC acquired a new position in Dollar General during the 4th quarter worth $33,000. Institutional investors own 90.86% of the company’s stock.

NYSE DG traded down $2.84 on Tuesday, reaching $195.93. The company had a trading volume of 52,456 shares, compared to its average volume of 2,390,960. The company’s fifty day moving average is $204.45 and its 200-day moving average is $207.66. The firm has a market capitalization of $48.00 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 1.50 and a beta of 0.52. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 1.28. Dollar General Co. has a 1-year low of $125.00 and a 1-year high of $225.25.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Wednesday, December 2nd. The company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.32. The company had revenue of $8.20 billion for the quarter, compared to analyst estimates of $8.13 billion. Dollar General had a return on equity of 36.07% and a net margin of 7.84%. The company’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.42 earnings per share. On average, research analysts forecast that Dollar General Co. will post 10.65 earnings per share for the current year.

DG has been the subject of a number of recent research reports. Barclays boosted their target price on Dollar General from $220.00 to $245.00 and gave the stock an “overweight” rating in a research report on Friday, December 4th. Zacks Investment Research upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $213.00 target price on the stock in a research report on Monday. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their price target on shares of Dollar General from $235.00 to $250.00 in a research report on Friday, December 4th. Smith Barney Citigroup increased their price objective on shares of Dollar General from $235.00 to $250.00 in a report on Friday, December 4th. Finally, Morgan Stanley lifted their target price on shares of Dollar General from $240.00 to $245.00 and gave the stock an “overweight” rating in a report on Monday, December 7th. Two research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $228.75.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry products; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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

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