42,406 Shares in Dollar General Co. (NYSE:DG) Acquired by Dean Investment Associates LLC

Dean Investment Associates LLC purchased a new position in shares of Dollar General Co. (NYSE:DG - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 42,406 shares of the company's stock, valued at approximately $3,215,000.

Several other institutional investors have also added to or reduced their stakes in DG. IMG Wealth Management Inc. acquired a new stake in shares of Dollar General during the 4th quarter worth $25,000. Altshuler Shaham Ltd bought a new position in Dollar General in the 4th quarter valued at about $25,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Dollar General in the 3rd quarter valued at approximately $33,000. Providence First Trust Co bought a new stake in shares of Dollar General during the 4th quarter worth approximately $33,000. Finally, Bogart Wealth LLC boosted its position in shares of Dollar General by 279.8% during the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company's stock worth $37,000 after acquiring an additional 361 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DG has been the topic of a number of research analyst reports. Truist Financial raised their target price on Dollar General from $76.00 to $93.00 and gave the company a "hold" rating in a report on Tuesday, April 8th. Morgan Stanley decreased their target price on Dollar General from $100.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 21st. UBS Group dropped their target price on shares of Dollar General from $108.00 to $95.00 and set a "buy" rating for the company in a report on Thursday, March 6th. Citigroup upgraded shares of Dollar General from a "sell" rating to a "neutral" rating and upped their price objective for the stock from $69.00 to $101.00 in a research report on Monday, April 7th. Finally, Melius upgraded shares of Dollar General from a "hold" rating to a "buy" rating and set a $110.00 target price on the stock in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Dollar General presently has an average rating of "Hold" and a consensus price target of $94.75.

Insiders Place Their Bets

In other news, EVP Emily C. Taylor sold 809 shares of the stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the sale, the executive vice president now directly owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. This represents a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.49% of the company's stock.

Dollar General Stock Performance

DG traded up $0.75 during trading on Tuesday, hitting $96.36. 1,608,710 shares of the company traded hands, compared to its average volume of 3,876,705. The firm has a market cap of $21.19 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 2.18 and a beta of 0.40. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. Dollar General Co. has a one year low of $66.43 and a one year high of $147.87. The stock's fifty day moving average is $82.55 and its 200 day moving average is $78.51.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.17. The company had revenue of $10.30 billion for the quarter, compared to analysts' expectations of $10.26 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. Dollar General's revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.83 EPS. As a group, equities analysts predict that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be issued a dividend of $0.59 per share. 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 payout ratio is 46.18%.

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.