Canada Post Corp Registered Pension Plan Buys Shares of 3,411 Dollar General Co. (NYSE:DG)

Canada Post Corp Registered Pension Plan acquired a new stake in Dollar General Co. (NYSE:DG - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,411 shares of the company's stock, valued at approximately $259,000.

Several other hedge funds have also recently bought and sold shares of DG. IMG Wealth Management Inc. acquired a new stake in Dollar General during the fourth quarter worth about $25,000. Wilmington Savings Fund Society FSB acquired a new position in Dollar General in the 3rd quarter worth about $33,000. Providence First Trust Co acquired a new stake in Dollar General during the 4th quarter worth approximately $33,000. Bogart Wealth LLC grew its stake in shares of Dollar General by 279.8% in the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company's stock worth $37,000 after purchasing an additional 361 shares during the last quarter. Finally, OFI Invest Asset Management bought a new position in shares of Dollar General during the fourth quarter worth about $37,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on DG shares. Truist Financial lifted their price objective on shares of Dollar General from $76.00 to $93.00 and gave the company a "hold" rating in a report on Tuesday, April 8th. Morgan Stanley reduced their target price on shares of Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $85.00 price objective on shares of Dollar General in a research report on Thursday, March 13th. UBS Group reduced their price target on shares of Dollar General from $108.00 to $95.00 and set a "buy" rating for the company in a research report on Thursday, March 6th. Finally, Gordon Haskett downgraded Dollar General from a "hold" rating to a "reduce" rating in a research report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $94.75.

Dollar General Trading Up 0.8 %

Dollar General stock traded up $0.79 during trading hours on Tuesday, reaching $96.40. The stock had a trading volume of 932,508 shares, compared to its average volume of 3,874,100. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. The stock has a market cap of $21.20 billion, a PE ratio of 15.88, a PEG ratio of 2.18 and a beta of 0.40. Dollar General Co. has a 52 week low of $66.43 and a 52 week high of $147.87. The company has a fifty day simple moving average of $82.55 and a 200-day simple moving average of $78.51.

Dollar General (NYSE:DG - Get Free Report) last announced its earnings results on Thursday, March 13th. The company reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.51 by $0.17. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.26 billion. During the same quarter in the prior year, the company earned $1.83 earnings per share. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. Analysts forecast that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 2.45%. Dollar General's dividend payout ratio (DPR) is 46.18%.

Insider Transactions at Dollar General

In related news, EVP Emily C. Taylor sold 809 shares of the firm's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $94.72, for a total transaction of $76,628.48. Following the completion of the transaction, the executive vice president now owns 48,532 shares of the company's stock, valued at $4,596,951.04. This trade represents a 1.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.49% of the company's stock.

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.