Aptus Capital Advisors LLC Has $244,000 Stock Holdings in Dollar General Co. (NYSE:DG)

Aptus Capital Advisors LLC cut its holdings in Dollar General Co. (NYSE:DG) by 18.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,212 shares of the company’s stock after selling 720 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Dollar General were worth $244,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of DG. First Eagle Investment Management LLC acquired a new stake in Dollar General in the fourth quarter worth $399,433,000. ACR Alpine Capital Research LLC raised its stake in Dollar General by 8,426.1% during the 4th quarter. ACR Alpine Capital Research LLC now owns 4,041,471 shares of the company’s stock worth $306,424,000 after buying an additional 3,994,070 shares during the period. Norges Bank bought a new position in Dollar General in the fourth quarter worth approximately $140,421,000. Pzena Investment Management LLC grew its stake in Dollar General by 14.9% in the fourth quarter. Pzena Investment Management LLC now owns 11,767,336 shares of the company’s stock valued at $892,199,000 after acquiring an additional 1,528,450 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Dollar General by 32.1% during the fourth quarter. Invesco Ltd. now owns 3,380,501 shares of the company’s stock valued at $256,310,000 after acquiring an additional 821,608 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

Dollar General Trading Down 1.0 %

Shares of Dollar General stock opened at $91.92 on Friday. 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 $66.43 and a 1 year high of $147.87. The firm has a market cap of $20.22 billion, a PE ratio of 15.14, a PEG ratio of 2.18 and a beta of 0.27. The company has a 50 day simple moving average of $87.30 and a two-hundred day simple moving average of $79.55.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, March 13th. The company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.17. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.26 billion. During the same period in the previous year, the business earned $1.83 earnings per share. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. Analysts expect that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were paid a $0.59 dividend. The ex-dividend date was Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.57%. Dollar General’s dividend payout ratio (DPR) is 46.18%.

Insider Activity at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of Dollar General stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $94.72, for a total value of $76,628.48. Following the transaction, the executive vice president now directly owns 48,532 shares of the company’s stock, valued at $4,596,951.04. The trade was a 1.64 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.56% of the stock is owned by insiders.

Analysts Set New Price Targets

DG has been the subject of a number of recent research reports. Piper Sandler boosted their price target on shares of Dollar General from $79.00 to $81.00 and gave the company a “neutral” rating in a research note on Friday, March 14th. Melius upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a report on Tuesday, April 8th. Citigroup raised Dollar General from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $69.00 to $101.00 in a report on Monday, April 7th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $80.00 target price (down previously from $90.00) on shares of Dollar General in a report on Monday, March 3rd. Finally, Barclays lowered their price target on Dollar General from $102.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, January 9th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and an average price target of $95.16.

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.