Weaver Capital Management LLC Purchases 490 Shares of Dollar General Co. (NYSE:DG)

Weaver Capital Management LLC boosted its holdings in shares of Dollar General Co. (NYSE:DG) by 9.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,541 shares of the company’s stock after acquiring an additional 490 shares during the period. Weaver Capital Management LLC’s holdings in Dollar General were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Stratos Wealth Advisors LLC purchased a new position in shares of Dollar General in the 4th quarter valued at $868,000. Yousif Capital Management LLC raised its stake in shares of Dollar General by 2.0% during the 4th quarter. Yousif Capital Management LLC now owns 33,364 shares of the company’s stock worth $2,530,000 after acquiring an additional 664 shares in the last quarter. E. Ohman J or Asset Management AB grew its holdings in Dollar General by 23.1% in the fourth quarter. E. Ohman J or Asset Management AB now owns 11,200 shares of the company’s stock worth $849,000 after purchasing an additional 2,100 shares during the last quarter. Greenleaf Trust boosted its position in shares of Dollar General by 5.1% in the 4th quarter. Greenleaf Trust now owns 104,557 shares of the company’s stock worth $7,928,000 after purchasing an additional 5,089 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its stake in Dollar General by 5,624.9% during the 4th quarter. DAVENPORT & Co LLC now owns 321,623 shares of the company’s stock worth $24,385,000 after buying an additional 316,005 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Trading Up 0.5 %

DG opened at $71.84 on Wednesday. The business’s 50 day moving average price is $74.61 and its 200 day moving average price is $87.00. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. The stock has a market capitalization of $15.80 billion, a PE ratio of 11.83, a P/E/G ratio of 2.11 and a beta of 0.43. Dollar General Co. has a one year low of $66.43 and a one year high of $168.07.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The business had revenue of $10.18 billion for the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter in the prior year, the company posted $1.26 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, equities research analysts expect that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, January 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.29%. Dollar General’s payout ratio is currently 38.88%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Barclays decreased their price target on Dollar General from $102.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, January 9th. Evercore ISI decreased their price objective on shares of Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a research report on Tuesday, December 3rd. BMO Capital Markets lifted their target price on shares of Dollar General from $80.00 to $84.00 and gave the stock a “market perform” rating in a research note on Friday, December 6th. Telsey Advisory Group cut their price target on shares of Dollar General from $103.00 to $90.00 and set a “market perform” rating on the stock in a research note on Monday, December 2nd. Finally, The Goldman Sachs Group reduced their target price on Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $96.77.

Insider Activity at Dollar General

In related news, EVP Emily C. Taylor sold 4,740 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $77.44, for a total transaction of $367,065.60. Following the completion of the transaction, the executive vice president now owns 15,575 shares in the company, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Michael M. Calbert sold 6,000 shares of the firm’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the sale, the director now owns 120,322 shares in the company, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.49% of the stock is owned by insiders.

Dollar General Company 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.