Childress Capital Advisors LLC acquired a new position in Dollar General Co. (NYSE:DG) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 267 shares of the company’s stock, valued at approximately $56,000.

A number of other large investors have also recently made changes to their positions in DG. Duncker Streett & Co. Inc. raised its position in shares of Dollar General by 2.4% during the 4th quarter. Duncker Streett & Co. Inc. now owns 10,120 shares of the company’s stock valued at $2,128,000 after buying an additional 240 shares in the last quarter. Dearborn Partners LLC boosted its stake in shares of Dollar General by 17.0% during the 4th quarter. Dearborn Partners LLC now owns 149,455 shares of the company’s stock valued at $31,431,000 after purchasing an additional 21,710 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in Dollar General by 7.1% during the fourth quarter. UBS Asset Management Americas Inc. now owns 1,717,416 shares of the company’s stock worth $361,173,000 after acquiring an additional 113,932 shares in the last quarter. City Holding Co. raised its holdings in Dollar General by 4.8% in the fourth quarter. City Holding Co. now owns 19,762 shares of the company’s stock worth $4,156,000 after buying an additional 898 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in Dollar General by 6.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,160,420 shares of the company’s stock worth $244,035,000 after buying an additional 67,236 shares during the last quarter. 90.86% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on DG shares. Loop Capital raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $260.00 price objective for the company in a report on Tuesday, January 26th. Deutsche Bank Aktiengesellschaft raised shares of Dollar General from a “hold” rating to a “buy” rating and upped their target price for the company from $214.00 to $241.00 in a report on Tuesday, February 9th. Atlantic Securities upgraded shares of Dollar General from a “neutral” rating to an “overweight” rating and set a $243.00 target price for the company in a research report on Monday, March 22nd. KeyCorp dropped their target price on shares of Dollar General from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Thursday, March 25th. Finally, Bank of America downgraded shares of Dollar General from a “buy” rating to a “neutral” rating and set a $215.00 price target on the stock. in a research note on Thursday, February 25th. Three research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $228.83.

In related news, CFO John W. Garratt sold 26,127 shares of the company’s stock in a transaction dated Tuesday, March 23rd. The shares were sold at an average price of $199.35, for a total value of $5,208,417.45. Following the completion of the sale, the chief financial officer now owns 37,088 shares of the company’s stock, valued at $7,393,492.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.72% of the company’s stock.

NYSE:DG opened at $205.73 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 1.28. The company has a fifty day moving average of $193.84 and a two-hundred day moving average of $206.41. The stock has a market capitalization of $49.22 billion, a PE ratio of 20.39, a P/E/G ratio of 1.50 and a beta of 0.52. Dollar General Co. has a fifty-two week low of $166.12 and a fifty-two week high of $225.25.

Dollar General (NYSE:DG) last released its earnings results on Wednesday, March 17th. The company reported $2.62 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.72 by ($0.10). Dollar General had a return on equity of 36.07% and a net margin of 7.84%. The business had revenue of $8.41 billion for the quarter, compared to analysts’ expectations of $8.29 billion. During the same period in the previous year, the company earned $2.10 EPS. Dollar General’s quarterly revenue was up 17.6% compared to the same quarter last year. Research analysts forecast that Dollar General Co. will post 10.65 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 20th. Stockholders of record on Tuesday, April 6th will be issued a dividend of $0.42 per share. This is a positive change from Dollar General’s previous quarterly dividend of $0.36. The ex-dividend date is Monday, April 5th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.82%. Dollar General’s dividend payout ratio is presently 24.96%.

Dollar General announced that its Board of Directors has authorized a stock buyback plan on Thursday, March 18th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 4.2% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

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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