Orion Portfolio Solutions LLC Has $218,000 Stock Holdings in Dollar General Co. (NYSE:DG)

Orion Portfolio Solutions LLC reduced its stake in shares of Dollar General Co. (NYSE:DG) by 79.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,577 shares of the company’s stock after selling 10,050 shares during the period. Orion Portfolio Solutions LLC’s holdings in Dollar General were worth $218,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. XTX Topco Ltd lifted its holdings in shares of Dollar General by 6.1% in the third quarter. XTX Topco Ltd now owns 23,839 shares of the company’s stock valued at $2,016,000 after purchasing an additional 1,360 shares in the last quarter. National Bank of Canada FI lifted its stake in Dollar General by 35.6% in the 3rd quarter. National Bank of Canada FI now owns 218,749 shares of the company’s stock valued at $18,500,000 after acquiring an additional 57,374 shares in the last quarter. Empirical Capital Management LLC acquired a new position in Dollar General during the 3rd quarter worth approximately $3,045,000. Worldquant Millennium Advisors LLC bought a new position in shares of Dollar General during the 3rd quarter worth approximately $32,932,000. Finally, Two Sigma Advisers LP acquired a new stake in shares of Dollar General in the third quarter valued at approximately $29,819,000. Institutional investors own 91.77% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction on Friday, December 13th. The stock was sold at an average price of $77.44, for a total value of $367,065.60. Following the transaction, the executive vice president now owns 15,575 shares in the company, valued at approximately $1,206,128. This trade represents a 23.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.49% of the company’s stock.

Dollar General Stock Performance

Shares of NYSE:DG opened at $76.40 on Friday. Dollar General Co. has a 12-month low of $72.12 and a 12-month high of $168.07. The company’s 50 day moving average price is $78.39 and its two-hundred day moving average price is $99.54. The firm has a market cap of $16.80 billion, a PE ratio of 12.59, a PEG ratio of 2.37 and a beta of 0.44. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). The company had revenue of $10.18 billion for the quarter, compared to analyst estimates of $10.14 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.26 EPS. Equities research analysts predict that Dollar General Co. will post 5.77 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, January 7th. This represents a $2.36 annualized dividend and a yield of 3.09%. Dollar General’s dividend payout ratio is 38.88%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wells Fargo & Company reduced their target price on shares of Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. Melius Research started coverage on Dollar General in a research report on Monday, September 23rd. They issued a “hold” rating and a $85.00 target price on the stock. Bank of America upgraded Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 target price on the stock in a report on Friday, December 6th. Raymond James lowered their price target on Dollar General from $150.00 to $120.00 and set an “outperform” rating on the stock in a research report on Friday, August 30th. Finally, Gordon Haskett raised Dollar General from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $98.27.

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.