Fenimore Asset Management Inc. increased its position in Dollar General Corp. (NYSE:DG) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 360,091 shares of the company’s stock after purchasing an additional 2,306 shares during the quarter. Dollar General makes up 1.6% of Fenimore Asset Management Inc.’s portfolio, making the stock its 27th biggest position. Fenimore Asset Management Inc. owned 0.14% of Dollar General worth $38,919,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. BlackRock Inc. boosted its holdings in Dollar General by 1.5% during the third quarter. BlackRock Inc. now owns 19,497,708 shares of the company’s stock worth $2,131,098,000 after buying an additional 296,432 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Dollar General by 2.0% during the third quarter. Vanguard Group Inc. now owns 19,201,573 shares of the company’s stock worth $2,098,732,000 after buying an additional 370,008 shares during the last quarter. Vanguard Group Inc boosted its holdings in Dollar General by 2.0% during the third quarter. Vanguard Group Inc now owns 19,201,573 shares of the company’s stock worth $2,098,732,000 after buying an additional 370,008 shares during the last quarter. Polen Capital Management LLC boosted its holdings in Dollar General by 0.5% during the third quarter. Polen Capital Management LLC now owns 7,049,753 shares of the company’s stock worth $770,538,000 after buying an additional 37,568 shares during the last quarter. Finally, FMR LLC boosted its holdings in Dollar General by 8.9% during the third quarter. FMR LLC now owns 5,996,914 shares of the company’s stock worth $655,463,000 after buying an additional 490,171 shares during the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Dollar General stock traded down $0.26 during midday trading on Friday, reaching $116.26. The stock had a trading volume of 859,391 shares, compared to its average volume of 2,393,385. Dollar General Corp. has a 1-year low of $85.54 and a 1-year high of $118.45. The firm has a market cap of $30.36 billion, a PE ratio of 25.89, a P/E/G ratio of 1.35 and a beta of 0.76. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 1.55.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, December 4th. The company reported $1.26 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.26. The firm had revenue of $6.42 billion for the quarter, compared to analyst estimates of $6.38 billion. Dollar General had a return on equity of 24.03% and a net margin of 7.24%. The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 EPS. As a group, equities research analysts predict that Dollar General Corp. will post 6.01 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 22nd. Shareholders of record on Tuesday, January 8th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, January 7th. Dollar General’s dividend payout ratio (DPR) is 25.84%.

A number of equities analysts have issued reports on the company. Credit Suisse Group set a $108.00 target price on Dollar General and gave the stock a “hold” rating in a report on Tuesday, December 4th. Citigroup cut their price objective on Dollar General from $133.00 to $120.00 and set a “buy” rating on the stock in a report on Monday, December 10th. BMO Capital Markets initiated coverage on Dollar General in a report on Thursday. They set an “outperform” rating and a $115.50 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on Dollar General to $123.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Buckingham Research initiated coverage on Dollar General in a report on Tuesday, September 25th. They set a “buy” rating and a $125.00 price objective on the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $111.61.

In other Dollar General news, EVP Robert D. Ravener sold 32,492 shares of the business’s stock in a transaction that occurred on Tuesday, January 8th. The stock was sold at an average price of $111.63, for a total transaction of $3,627,081.96. Following the transaction, the executive vice president now owns 33,307 shares of the company’s stock, valued at approximately $3,718,060.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.41% of the stock is owned by insiders.

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Dollar General 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 and other home cleaning supplies; 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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