Dollar General Co. (NYSE:DG) Shares Bought by Czech National Bank

Czech National Bank boosted its holdings in shares of Dollar General Co. (NYSE:DG) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,682 shares of the company’s stock after acquiring an additional 2,888 shares during the period. Czech National Bank’s holdings in Dollar General were worth $3,615,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bruce G. Allen Investments LLC grew its holdings in Dollar General by 20.3% in the fourth quarter. Bruce G. Allen Investments LLC now owns 953 shares of the company’s stock valued at $72,000 after purchasing an additional 161 shares during the period. First Hawaiian Bank purchased a new stake in Dollar General in the fourth quarter valued at approximately $218,000. Peoples Bank KS grew its holdings in Dollar General by 19.1% in the fourth quarter. Peoples Bank KS now owns 1,435 shares of the company’s stock valued at $109,000 after purchasing an additional 230 shares during the period. GAMMA Investing LLC lifted its position in Dollar General by 64.5% during the fourth quarter. GAMMA Investing LLC now owns 4,932 shares of the company’s stock valued at $374,000 after buying an additional 1,933 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in Dollar General by 2.6% during the third quarter. Principal Financial Group Inc. now owns 253,053 shares of the company’s stock valued at $21,401,000 after buying an additional 6,372 shares in 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 Dollar General news, Director Michael M. Calbert sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the transaction, the director now directly owns 120,322 shares in the company, valued at $9,056,636.94. This trade represents a 4.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Emily C. Taylor sold 4,740 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $77.44, for a total transaction of $367,065.60. Following the completion of the transaction, the executive vice president now owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.49% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on DG. Sanford C. Bernstein began coverage on shares of Dollar General in a research report on Tuesday, October 22nd. They set an “outperform” rating and a $98.00 price target on the stock. Barclays reduced their price target on shares of Dollar General from $102.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 9th. JPMorgan Chase & Co. reduced their target price on shares of Dollar General from $97.00 to $82.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Wells Fargo & Company reduced their target price on shares of Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. Finally, Melius Research began coverage on shares of Dollar General in a research report on Monday, September 23rd. They set a “hold” rating and a $85.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $98.18.

Dollar General Stock Down 1.2 %

DG stock opened at $68.56 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. Dollar General Co. has a 1-year low of $68.52 and a 1-year high of $168.07. The firm has a fifty day moving average price of $76.06 and a two-hundred day moving average price of $92.61. The firm has a market cap of $15.08 billion, a price-to-earnings ratio of 11.29, a PEG ratio of 2.29 and a beta of 0.44.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.08). The firm had revenue of $10.18 billion for the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 EPS. Research analysts predict that Dollar General Co. will post 5.76 EPS for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th will be paid 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 3.44%. Dollar General’s payout ratio is 38.88%.

Dollar General 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.