Greenleaf Trust boosted its stake in Dollar General Corp. (NYSE:DG) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 82,109 shares of the company’s stock after buying an additional 1,953 shares during the quarter. Greenleaf Trust’s holdings in Dollar General were worth $7,637,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of DG. National Asset Management Inc. lifted its holdings in shares of Dollar General by 4.7% during the second quarter. National Asset Management Inc. now owns 3,428 shares of the company’s stock valued at $250,000 after purchasing an additional 155 shares during the last quarter. Toronto Dominion Bank lifted its holdings in shares of Dollar General by 22.1% during the second quarter. Toronto Dominion Bank now owns 93,967 shares of the company’s stock valued at $6,774,000 after purchasing an additional 17,005 shares during the last quarter. Sentry Investment Management LLC lifted its holdings in shares of Dollar General by 3.2% during the second quarter. Sentry Investment Management LLC now owns 17,640 shares of the company’s stock valued at $1,272,000 after purchasing an additional 555 shares during the last quarter. Tandem Investment Advisors Inc. lifted its holdings in shares of Dollar General by 251.8% during the third quarter. Tandem Investment Advisors Inc. now owns 88,626 shares of the company’s stock valued at $7,183,000 after purchasing an additional 63,431 shares during the last quarter. Finally, Shell Asset Management Co. lifted its holdings in shares of Dollar General by 309.8% during the third quarter. Shell Asset Management Co. now owns 155,283 shares of the company’s stock valued at $9,489,000 after purchasing an additional 117,388 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Shares of Dollar General Corp. (DG) opened at $96.86 on Wednesday. The firm has a market cap of $25,822.98, a P/E ratio of 21.43, a P/E/G ratio of 1.58 and a beta of 1.00. 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 1 year low of $65.97 and a 1 year high of $105.82.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, December 7th. The company reported $0.93 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.01). The firm had revenue of $5.90 billion for the quarter, compared to the consensus estimate of $5.80 billion. Dollar General had a net margin of 5.31% and a return on equity of 22.58%. Dollar General’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $0.89 EPS. research analysts forecast that Dollar General Corp. will post 4.5 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend was Monday, January 8th. Dollar General’s dividend payout ratio (DPR) is presently 23.01%.

In other Dollar General news, EVP Robert D. Ravener sold 11,368 shares of Dollar General stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $92.81, for a total value of $1,055,064.08. Following the completion of the sale, the executive vice president now owns 22,598 shares of the company’s stock, valued at approximately $2,097,320.38. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Anita C. Elliott sold 2,012 shares of Dollar General 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 directly owns 14,969 shares of the company’s stock, valued at approximately $1,389,422.58. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,916 shares of company stock valued at $1,924,881. 0.32% of the stock is currently owned by insiders.

DG has been the subject of several recent research reports. Oppenheimer initiated coverage on shares of Dollar General in a report on Wednesday, January 17th. They set an “outperform” rating and a $112.00 target price for the company. UBS Group reiterated a “buy” rating and set a $99.00 target price (up from $85.00) on shares of Dollar General in a report on Monday, December 4th. Moffett Nathanson initiated coverage on shares of Dollar General in a report on Monday, December 4th. They set a “neutral” rating for the company. Deutsche Bank lifted their target price on shares of Dollar General to $97.00 and gave the company a “buy” rating in a report on Thursday, December 7th. Finally, Wolfe Research upgraded shares of Dollar General from an “underperform” rating to an “outperform” rating in a report on Wednesday, December 20th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $91.98.

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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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