Beddow Capital Management Inc. Has $5.31 Million Stock Holdings in Dollar General Co. (NYSE:DG)

Beddow Capital Management Inc. increased its holdings in shares of Dollar General Co. (NYSE:DG - Free Report) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 69,975 shares of the company's stock after buying an additional 4,430 shares during the quarter. Dollar General accounts for approximately 2.2% of Beddow Capital Management Inc.'s holdings, making the stock its 20th largest holding. Beddow Capital Management Inc.'s holdings in Dollar General were worth $5,306,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GSA Capital Partners LLP bought a new stake in shares of Dollar General during the third quarter worth $212,000. Oppenheimer & Co. Inc. boosted its stake in Dollar General by 13.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,114 shares of the company's stock worth $263,000 after purchasing an additional 376 shares during the period. Quest Partners LLC increased its holdings in Dollar General by 9,882.7% during the 3rd quarter. Quest Partners LLC now owns 5,191 shares of the company's stock worth $439,000 after purchasing an additional 5,139 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Dollar General in the 3rd quarter valued at about $2,491,000. Finally, Ontario Teachers Pension Plan Board acquired a new position in shares of Dollar General during the third quarter worth about $856,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of the company's stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the completion of the sale, the director now directly owns 120,322 shares in the company, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.49% of the company's stock.

Remove Ads

Dollar General Stock Performance

Shares of Dollar General stock traded up $2.08 on Wednesday, hitting $84.66. The stock had a trading volume of 4,876,953 shares, compared to its average volume of 3,552,254. The stock has a market cap of $18.62 billion, a price-to-earnings ratio of 13.95, a price-to-earnings-growth ratio of 2.18 and a beta of 0.44. The business's 50 day moving average is $75.08 and its two-hundred day moving average is $77.72. 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 twelve month low of $66.43 and a twelve month high of $164.12.

Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.26 billion. During the same period in the prior year, the firm posted $1.83 EPS. The company'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 year.

Dollar General Dividend Announcement

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 given a dividend of $0.59 per share. The ex-dividend date is Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.79%. Dollar General's payout ratio is presently 46.18%.

Analyst Ratings Changes

A number of brokerages recently issued reports on DG. Wells Fargo & Company dropped their target price on Dollar General from $90.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Thursday, December 5th. Citigroup lowered their price objective on shares of Dollar General from $73.00 to $69.00 and set a "sell" rating on the stock in a report on Friday, March 7th. Truist Financial decreased their target price on shares of Dollar General from $94.00 to $83.00 and set a "hold" rating for the company in a research report on Friday, December 6th. Evercore ISI reduced their price target on 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. Finally, BMO Capital Markets upped their price objective on Dollar General from $80.00 to $84.00 and gave the stock a "market perform" rating in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Dollar General has a consensus rating of "Hold" and a consensus price target of $92.26.

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.