Little House Capital LLC Invests $229,000 in Dollar General Co. (NYSE:DG)

Little House Capital LLC acquired a new position in Dollar General Co. (NYSE:DG) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,681 shares of the company’s stock, valued at approximately $229,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in Dollar General by 18.9% during the 3rd quarter. Vanguard Group Inc. now owns 21,711,407 shares of the company’s stock worth $2,297,067,000 after acquiring an additional 3,457,393 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Dollar General by 98.1% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,106,653 shares of the company’s stock valued at $222,884,000 after purchasing an additional 1,043,141 shares during the period. Baupost Group LLC MA raised its holdings in shares of Dollar General by 283.1% during the third quarter. Baupost Group LLC MA now owns 927,000 shares of the company’s stock valued at $98,077,000 after acquiring an additional 685,000 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Dollar General by 78.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,426,318 shares of the company’s stock valued at $150,904,000 after purchasing an additional 627,844 shares during the period. Finally, Equity Investment Corp lifted its stake in Dollar General by 744.8% in the 3rd quarter. Equity Investment Corp now owns 638,695 shares of the company’s stock worth $67,574,000 after acquiring an additional 563,095 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Down 0.4 %

NYSE:DG opened at $142.07 on Monday. The firm has a market cap of $31.21 billion, a P/E ratio of 18.79, a P/E/G ratio of 2.54 and a beta of 0.42. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.15 and a current ratio of 1.19. The firm has a 50-day simple moving average of $150.37 and a two-hundred day simple moving average of $135.90. Dollar General Co. has a fifty-two week low of $101.09 and a fifty-two week high of $222.99.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, March 14th. The company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.09. Dollar General had a net margin of 4.29% and a return on equity of 26.13%. The business had revenue of $9.86 billion during the quarter, compared to analyst estimates of $9.77 billion. During the same period in the previous year, the business earned $2.96 EPS. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. Analysts predict that Dollar General Co. will post 7.28 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend was Monday, April 8th. Dollar General’s payout ratio is currently 31.22%.

Insider Activity at Dollar General

In related news, EVP Carman R. Wenkoff sold 5,909 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $162.23, for a total value of $958,617.07. Following the completion of the sale, the executive vice president now directly owns 28,579 shares in the company, valued at $4,636,371.17. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Ralph Santana sold 3,009 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total value of $468,561.48. Following the completion of the sale, the director now owns 3,248 shares of the company’s stock, valued at approximately $505,778.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Carman R. Wenkoff sold 5,909 shares of the stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $162.23, for a total value of $958,617.07. Following the completion of the transaction, the executive vice president now directly owns 28,579 shares in the company, valued at $4,636,371.17. The disclosure for this sale can be found here. 0.49% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Truist Financial upped their target price on Dollar General from $125.00 to $140.00 and gave the stock a “hold” rating in a research report on Friday, March 15th. Raymond James boosted their target price on shares of Dollar General from $150.00 to $165.00 and gave the stock an “outperform” rating in a research report on Friday, March 15th. Evercore ISI cut their target price on Dollar General from $162.00 to $160.00 and set an “in-line” rating for the company in a research note on Tuesday, April 2nd. The Goldman Sachs Group lifted their price objective on Dollar General from $147.00 to $169.00 and gave the company a “buy” rating in a report on Friday, March 15th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $170.00 target price on shares of Dollar General in a research report on Tuesday, April 2nd. Fifteen research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, Dollar General has a consensus rating of “Hold” and a consensus price target of $153.08.

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.