Dollar General Co. (NYSE:DG) Shares Bought by Jump Financial LLC

Jump Financial LLC raised its stake in Dollar General Co. (NYSE:DG - Free Report) by 99.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 111,624 shares of the company's stock after acquiring an additional 55,685 shares during the quarter. Jump Financial LLC owned approximately 0.05% of Dollar General worth $8,463,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC lifted its stake in shares of Dollar General by 8.3% during the 3rd quarter. Anchor Investment Management LLC now owns 17,414 shares of the company's stock worth $1,473,000 after purchasing an additional 1,333 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Dollar General during the third quarter worth about $33,000. Tidal Investments LLC boosted its stake in Dollar General by 25.4% in the 3rd quarter. Tidal Investments LLC now owns 17,315 shares of the company's stock worth $1,464,000 after buying an additional 3,504 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Dollar General by 17.6% during the 3rd quarter. Franklin Resources Inc. now owns 69,173 shares of the company's stock valued at $5,517,000 after acquiring an additional 10,333 shares during the last quarter. Finally, Birmingham Capital Management Co. Inc. AL purchased a new position in shares of Dollar General during the 3rd quarter worth about $263,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DG has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $80.00 price target (down previously from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Melius upgraded Dollar General from a "hold" rating to a "buy" rating and set a $110.00 price objective for the company in a report on Tuesday, April 8th. Telsey Advisory Group reiterated a "market perform" rating and issued a $85.00 target price on shares of Dollar General in a report on Thursday, March 13th. Morgan Stanley dropped their price target on Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. Finally, 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. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $94.75.

Insider Transactions at Dollar General

In related news, EVP Emily C. Taylor sold 809 shares of the company'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 transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.49% of the company's stock.

Dollar General Stock Up 1.0 %

Shares of Dollar General stock traded up $0.93 on Monday, hitting $94.00. 1,743,550 shares of the company's stock traded hands, compared to its average volume of 3,874,849. 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 firm's 50-day moving average is $82.11 and its 200 day moving average is $78.43. The stock has a market cap of $20.68 billion, a P/E ratio of 15.49, a PEG ratio of 2.18 and a beta of 0.40. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $147.87.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings data 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. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.26 billion. During the same period last year, the business earned $1.83 EPS. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. Equities analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The company 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. This represents a $2.36 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General's dividend payout ratio 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.