Dollar General Co. (NYSE:DG) Shares Bought by Ceeto Capital Group LLC

Ceeto Capital Group LLC grew its stake in Dollar General Co. (NYSE:DG - Free Report) by 55.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,150 shares of the company's stock after buying an additional 5,050 shares during the quarter. Ceeto Capital Group LLC's holdings in Dollar General were worth $1,073,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. IMG Wealth Management Inc. purchased a new position in shares of Dollar General in the fourth quarter valued at about $25,000. Wilmington Savings Fund Society FSB bought a new stake in Dollar General during the 3rd quarter valued at approximately $33,000. Providence First Trust Co purchased a new position in Dollar General in the 4th quarter worth approximately $33,000. Bogart Wealth LLC boosted its stake in Dollar General by 279.8% in the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company's stock worth $37,000 after purchasing an additional 361 shares during the period. Finally, Venturi Wealth Management LLC raised its position in shares of Dollar General by 126.4% during the fourth quarter. Venturi Wealth Management LLC now owns 498 shares of the company's stock valued at $38,000 after buying an additional 278 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Stock Down 2.0 %

Shares of DG traded down $1.84 during mid-day trading on Tuesday, hitting $88.47. 2,828,703 shares of the company traded hands, compared to its average volume of 3,849,372. The company has a market capitalization of $19.46 billion, a PE ratio of 14.58, 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. The business has a 50 day moving average of $80.69 and a 200 day moving average of $78.21. Dollar General Co. has a 1-year low of $66.43 and a 1-year high of $147.87.

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Dollar General (NYSE:DG - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.17. The firm had revenue of $10.30 billion for 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 firm's revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.83 EPS. Equities research analysts anticipate that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders 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 currently 46.18%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on DG shares. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $80.00 price target (down from $90.00) on shares of Dollar General in a report on Monday, March 3rd. Truist Financial increased their price target on Dollar General from $76.00 to $93.00 and gave the company a "hold" rating in a research note on Tuesday, April 8th. Barclays reduced their price objective on Dollar General from $102.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 9th. The Goldman Sachs Group lowered their target price on Dollar General from $104.00 to $93.00 and set a "buy" rating for the company in a research report on Thursday, January 23rd. Finally, Citigroup upgraded shares of Dollar General from a "sell" rating to a "neutral" rating and boosted their price target for the stock from $69.00 to $101.00 in a research report on Monday, April 7th. One analyst has rated the stock with a sell rating, fourteen have given 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 stock has a consensus rating of "Hold" and a consensus price target of $94.75.

Insider Transactions at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of the business'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 value of $76,628.48. Following the completion of the transaction, the executive vice president now directly owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. The trade was a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.49% of the company's stock.

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.