APG Asset Management N.V. Buys New Shares in Dollar General Co. (NYSE:DG)

APG Asset Management N.V. bought a new stake in Dollar General Co. (NYSE:DG - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 120,700 shares of the company's stock, valued at approximately $8,838,000. APG Asset Management N.V. owned approximately 0.05% of Dollar General as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of DG. Vanguard Group Inc. lifted its stake in shares of Dollar General by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 25,231,285 shares of the company's stock worth $1,913,036,000 after buying an additional 160,853 shares during the period. Pzena Investment Management LLC grew its stake in Dollar General by 14.9% during the 4th quarter. Pzena Investment Management LLC now owns 11,767,336 shares of the company's stock valued at $892,199,000 after purchasing an additional 1,528,450 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Dollar General by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 5,361,216 shares of the company's stock valued at $405,425,000 after purchasing an additional 118,204 shares during the period. First Eagle Investment Management LLC purchased a new position in shares of Dollar General in the fourth quarter worth about $399,433,000. Finally, ACR Alpine Capital Research LLC lifted its holdings in shares of Dollar General by 8,426.1% during the fourth quarter. ACR Alpine Capital Research LLC now owns 4,041,471 shares of the company's stock worth $306,424,000 after purchasing an additional 3,994,070 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.

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Insider Transactions at Dollar General

In other news, EVP Emily C. Taylor sold 809 shares of the company's stock in a transaction on Friday, April 4th. The stock was 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 in the company, valued at $4,596,951.04. This represents a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.49% of the company's stock.

Analysts Set New Price Targets

DG has been the subject of a number of recent research reports. Telsey Advisory Group reissued a "market perform" rating and set a $85.00 price target on shares of Dollar General in a research report on Thursday, March 13th. Bank of America lowered their price target on shares of Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $80.00 price objective (down from $90.00) on shares of Dollar General in a report on Monday, March 3rd. Melius raised shares of Dollar General from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a report on Tuesday, April 8th. Finally, Barclays decreased their price objective on shares of Dollar General from $102.00 to $100.00 and set an "overweight" rating on the stock in a report on Thursday, January 9th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Dollar General currently has an average rating of "Hold" and a consensus target price of $94.75.

Dollar General Stock Performance

Shares of Dollar General stock traded down $1.84 during trading on Tuesday, reaching $88.47. The company's stock had a trading volume of 2,080,999 shares, compared to its average volume of 3,842,216. The firm has a market cap of $19.46 billion, a PE ratio of 14.58, a P/E/G ratio of 2.18 and a beta of 0.40. The company has a 50-day moving average price of $80.69 and a two-hundred day moving average price of $78.21. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. Dollar General Co. has a fifty-two week low of $66.43 and a fifty-two week high of $150.40.

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

Dollar General Announces Dividend

The firm also recently declared 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. This represents a $2.36 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Tuesday, April 8th. Dollar General's dividend payout ratio (DPR) is presently 46.18%.

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.