Mondrian Investment Partners LTD trimmed its position in Dollar General Corp. (NYSE:DG) by 12.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 533,439 shares of the company’s stock after selling 78,867 shares during the period. Dollar General makes up 1.2% of Mondrian Investment Partners LTD’s portfolio, making the stock its 28th biggest holding. Mondrian Investment Partners LTD’s holdings in Dollar General were worth $49,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Sun Life Financial INC grew its holdings in shares of Dollar General by 18,170.0% during the 2nd quarter. Sun Life Financial INC now owns 1,827 shares of the company’s stock worth $132,000 after purchasing an additional 1,817 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Dollar General by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock worth $146,000 after purchasing an additional 48 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Dollar General by 104.9% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,153 shares of the company’s stock worth $200,000 after purchasing an additional 1,102 shares in the last quarter. Burns J W & Co. Inc. NY acquired a new stake in shares of Dollar General during the 4th quarter worth $207,000. Finally, Meeder Asset Management Inc. grew its holdings in shares of Dollar General by 22,950.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 2,305 shares of the company’s stock worth $187,000 after purchasing an additional 2,295 shares in the last quarter. 90.37% of the stock is currently owned by hedge funds and other institutional investors.

In related news, SVP Anita C. Elliott sold 2,012 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $92.82, for a total transaction of $186,753.84. Following the completion of the sale, the senior vice president now owns 14,969 shares of the company’s stock, valued at $1,389,422.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Michael J. Kindy sold 7,536 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $90.64, for a total value of $683,063.04. Following the sale, the senior vice president now directly owns 7,578 shares of the company’s stock, valued at approximately $686,869.92. The disclosure for this sale can be found here. In the last three months, insiders sold 20,916 shares of company stock valued at $1,924,881. Insiders own 0.22% of the company’s stock.

Several analysts recently weighed in on DG shares. Citigroup started coverage on Dollar General in a research report on Tuesday. They set an “outperform” rating and a $112.00 price objective for the company. Oppenheimer started coverage on Dollar General in a research report on Wednesday. They set an “outperform” rating and a $112.00 price objective for the company. Buckingham Research restated a “neutral” rating and set a $98.00 price objective (up from $93.00) on shares of Dollar General in a research report on Thursday, January 11th. Raymond James Financial set a $107.00 price objective on Dollar General and gave the stock a “buy” rating in a research report on Saturday, December 9th. Finally, Zacks Investment Research downgraded Dollar General from a “buy” rating to a “hold” rating in a research report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and fifteen have given a buy rating to the company’s stock. Dollar General has a consensus rating of “Hold” and a consensus target price of $88.52.

Shares of Dollar General Corp. (NYSE:DG) traded up $2.06 during mid-day trading on Thursday, hitting $100.50. The stock had a trading volume of 2,553,500 shares, compared to its average volume of 2,359,736. The firm has a market capitalization of $27,390.00, a PE ratio of 22.28, a price-to-earnings-growth ratio of 1.94 and a beta of 0.95. The company has a current ratio of 1.41, a quick ratio of 0.19 and a debt-to-equity ratio of 0.47. Dollar General Corp. has a 12 month low of $65.97 and a 12 month high of $101.07.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, December 7th. The company reported $0.93 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.01). The company had revenue of $5.90 billion during the quarter, compared to analyst estimates of $5.80 billion. Dollar General had a net margin of 5.31% and a return on equity of 22.58%. The company’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 EPS. equities analysts forecast that Dollar General Corp. will post 4.49 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 23rd. Stockholders of record on Tuesday, January 9th will be paid a $0.26 dividend. The ex-dividend date is Monday, January 8th. This represents a $1.04 annualized dividend and a dividend yield of 1.03%. Dollar General’s payout ratio is 23.06%.

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Dollar General Profile

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

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

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