Aquatic Capital Management LLC Sells 53,151 Shares of Dollar General Co. (NYSE:DG)

Aquatic Capital Management LLC decreased its position in Dollar General Co. (NYSE:DG - Free Report) by 25.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 157,349 shares of the company's stock after selling 53,151 shares during the quarter. Aquatic Capital Management LLC owned approximately 0.07% of Dollar General worth $11,930,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Boothbay Fund Management LLC acquired a new stake in shares of Dollar General in the fourth quarter worth $370,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Dollar General in the fourth quarter worth $15,280,000. Coldstream Capital Management Inc. grew its stake in shares of Dollar General by 112.8% in the fourth quarter. Coldstream Capital Management Inc. now owns 6,846 shares of the company's stock worth $519,000 after acquiring an additional 3,629 shares during the last quarter. Two Sigma Securities LLC grew its stake in shares of Dollar General by 148.3% in the fourth quarter. Two Sigma Securities LLC now owns 4,577 shares of the company's stock worth $347,000 after acquiring an additional 2,734 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC acquired a new stake in shares of Dollar General in the fourth quarter worth $208,000. Institutional investors own 91.77% of the company's stock.

Insider Activity

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of the firm's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the transaction, the executive vice president now directly owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. This trade 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 can be accessed through the SEC website. Insiders own 0.56% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DG. Melius Research upgraded shares of Dollar General from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th. UBS Group decreased their price target on shares of Dollar General from $108.00 to $95.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. The Goldman Sachs Group decreased their price target on shares of Dollar General from $104.00 to $93.00 and set a "buy" rating on the stock in a research note on Thursday, January 23rd. Truist Financial lifted their price target on shares of Dollar General from $76.00 to $93.00 and gave the stock a "hold" rating in a research note on Tuesday, April 8th. Finally, Citigroup upgraded shares of Dollar General from a "sell" rating to a "neutral" rating and lifted their price target for the stock from $69.00 to $101.00 in a research note on Monday, April 7th. 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 issued a strong buy rating to the company. Based on data from MarketBeat, Dollar General has a consensus rating of "Hold" and an average price target of $94.75.

Dollar General Price Performance

Shares of Dollar General stock traded down $1.07 during trading on Monday, reaching $92.49. The company's stock had a trading volume of 3,048,316 shares, compared to its average volume of 3,923,836. The stock has a 50-day moving average price of $84.62 and a two-hundred day moving average price of $78.90. 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 one year low of $66.43 and a one year high of $147.87. The stock has a market capitalization of $20.34 billion, a P/E ratio of 15.24, a price-to-earnings-growth ratio of 2.18 and a beta of 0.40.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings results on Thursday, March 13th. The company reported $1.68 earnings per share (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 business had revenue of $10.30 billion during the quarter, compared to analysts' expectations of $10.26 billion. During the same period in the previous year, the business posted $1.83 earnings per share. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 2.55%. Dollar General's payout ratio is presently 46.18%.

About Dollar General

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.