CIBC Private Wealth Group LLC increased its position in Dollar General Corp. (NYSE:DG) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 859,506 shares of the company’s stock after acquiring an additional 34,826 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Dollar General were worth $92,895,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DG. BlackRock Inc. grew its position in Dollar General by 1.5% in the 3rd quarter. BlackRock Inc. now owns 19,497,708 shares of the company’s stock worth $2,131,098,000 after purchasing an additional 296,432 shares during the last quarter. Vanguard Group Inc. grew its position in Dollar General by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 19,201,573 shares of the company’s stock worth $2,098,732,000 after purchasing an additional 370,008 shares during the last quarter. Vanguard Group Inc grew its position in Dollar General by 2.0% in the 3rd quarter. Vanguard Group Inc now owns 19,201,573 shares of the company’s stock worth $2,098,732,000 after purchasing an additional 370,008 shares during the last quarter. Polen Capital Management LLC grew its position in Dollar General by 0.5% in the 3rd quarter. Polen Capital Management LLC now owns 7,049,753 shares of the company’s stock worth $770,538,000 after purchasing an additional 37,568 shares during the last quarter. Finally, FMR LLC grew its position in Dollar General by 8.9% in the 3rd quarter. FMR LLC now owns 5,996,914 shares of the company’s stock worth $655,463,000 after purchasing an additional 490,171 shares during the last quarter. Hedge funds and other institutional investors own 99.48% of the company’s stock.

Several analysts have issued reports on the stock. Zacks Investment Research lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Wednesday, November 28th. Credit Suisse Group set a $108.00 target price on shares of Dollar General and gave the company a “hold” rating in a research report on Monday, November 26th. ValuEngine lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Wednesday, December 5th. Citigroup decreased their target price on shares of Dollar General from $133.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday, December 10th. Finally, Morgan Stanley set a $115.00 target price on shares of Dollar General and gave the company a “buy” rating in a research report on Wednesday, December 26th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $111.58.

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

Shares of NYSE DG opened at $116.32 on Monday. The company has a market cap of $30.58 billion, a P/E ratio of 25.91, a PEG ratio of 1.22 and a beta of 0.72. The company has a quick ratio of 0.22, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. Dollar General Corp. has a 52-week low of $85.54 and a 52-week high of $118.45.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 22nd. Investors of record on Tuesday, January 8th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend was Monday, January 7th. Dollar General’s dividend payout ratio is currently 25.84%.

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About Dollar General

Dollar General Corp. engages in retailing of merchandise, including consumables, seasonal, home products, and apparel. Its brands include Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo The company was founded by J. L.

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

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