Savoir Faire Capital Management L.P. Grows Stock Holdings in Dollar General Co. (NYSE:DG)

Savoir Faire Capital Management L.P. boosted its stake in Dollar General Co. (NYSE:DG - Free Report) by 75.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 135,286 shares of the company's stock after purchasing an additional 58,043 shares during the period. Dollar General comprises approximately 4.9% of Savoir Faire Capital Management L.P.'s portfolio, making the stock its 4th largest position. Savoir Faire Capital Management L.P. owned 0.06% of Dollar General worth $10,257,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. IMG Wealth Management Inc. acquired a new position in shares of Dollar General during the fourth quarter worth about $25,000. Wilmington Savings Fund Society FSB purchased a new position in Dollar General during the 3rd quarter worth $33,000. Providence First Trust Co acquired a new stake in Dollar General during the 4th quarter worth approximately $33,000. Bogart Wealth LLC grew its position in Dollar General by 279.8% in the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company's stock valued at $37,000 after buying an additional 361 shares during the last quarter. Finally, OFI Invest Asset Management acquired a new position in shares of Dollar General during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 91.77% of the company's stock.

Dollar General Price Performance

Shares of Dollar General stock traded down $0.51 on Monday, reaching $92.11. 7,923,734 shares of the stock were exchanged, compared to its average volume of 3,769,253. The firm's 50 day moving average is $78.10 and its 200-day moving average is $78.02. The firm has a market cap of $20.26 billion, a PE ratio of 15.18, a P/E/G ratio of 2.18 and a beta of 0.40. Dollar General Co. has a one year low of $66.43 and a one year high of $159.52. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15.

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Dollar General (NYSE:DG - Get Free Report) last posted its earnings results on Thursday, March 13th. The company reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.51 by $0.17. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. 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 previous year, the firm posted $1.83 EPS. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. As a group, analysts anticipate that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

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 given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $2.36 annualized dividend and a dividend yield of 2.56%. Dollar General's dividend payout ratio is currently 46.18%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on DG shares. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $80.00 target price (down from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. UBS Group decreased their target price on shares of Dollar General from $108.00 to $95.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. Gordon Haskett lowered Dollar General from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Citigroup upgraded shares of Dollar General from a "sell" rating to a "neutral" rating and lifted their target price for the company from $69.00 to $101.00 in a report on Monday. Finally, The Goldman Sachs Group lowered their price objective on shares of Dollar General from $104.00 to $93.00 and set a "buy" rating for the company in a research report on Thursday, January 23rd. Sixteen analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Dollar General has an average rating of "Hold" and an average price target of $93.65.

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.