Capital International Sarl Sells 11,427 Shares of Dollar General Co. (NYSE:DG)

Capital International Sarl trimmed its position in Dollar General Co. (NYSE:DG - Free Report) by 46.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,238 shares of the company's stock after selling 11,427 shares during the quarter. Capital International Sarl's holdings in Dollar General were worth $1,004,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of DG. CANADA LIFE ASSURANCE Co boosted its position in shares of Dollar General by 6.4% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 230,754 shares of the company's stock valued at $17,479,000 after acquiring an additional 13,917 shares during the last quarter. Dean Investment Associates LLC bought a new stake in Dollar General during the fourth quarter valued at approximately $3,215,000. Canada Pension Plan Investment Board grew its stake in Dollar General by 7.2% in the 4th quarter. Canada Pension Plan Investment Board now owns 857,181 shares of the company's stock worth $64,991,000 after buying an additional 57,900 shares in the last quarter. Altshuler Shaham Ltd bought a new position in shares of Dollar General in the 4th quarter worth $25,000. Finally, Cravens & Co Advisors LLC raised its position in shares of Dollar General by 22.1% during the 4th quarter. Cravens & Co Advisors LLC now owns 7,640 shares of the company's stock valued at $579,000 after buying an additional 1,381 shares in the last quarter. Institutional investors own 91.77% of the company's stock.

Dollar General Trading Down 1.6 %

NYSE:DG traded down $1.56 during midday trading on Thursday, hitting $93.87. 3,691,994 shares of the company traded hands, compared to its average volume of 3,900,231. The firm has a market capitalization of $20.65 billion, a P/E ratio of 15.46, a P/E/G ratio of 2.18 and a beta of 0.40. The firm's fifty day moving average is $83.49 and its 200-day moving average is $78.75. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $147.87. 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 (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, 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 firm had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.26 billion. During the same quarter last year, the business earned $1.83 EPS. The business's revenue was up 4.5% on a year-over-year basis. On average, sell-side analysts predict that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Tuesday, April 8th. Dollar General's dividend payout ratio is 46.18%.

Analyst Ratings Changes

A number of research firms recently commented on DG. Citigroup raised Dollar General from a "sell" rating to a "neutral" rating and increased their target price for the company from $69.00 to $101.00 in a research note on Monday, April 7th. Telsey Advisory Group reissued a "market perform" rating and set a $85.00 price objective on shares of Dollar General in a report on Thursday, March 13th. Truist Financial upped their target price on Dollar General from $76.00 to $93.00 and gave the stock a "hold" rating in a research note on Tuesday, April 8th. Melius Research raised shares of Dollar General from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th. Finally, Barclays cut their price objective on shares of Dollar General from $102.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, January 9th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $94.75.

Insider Transactions at Dollar General

In other news, EVP Emily C. Taylor sold 809 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total transaction of $76,628.48. Following the transaction, the executive vice president now directly owns 48,532 shares in the company, valued at approximately $4,596,951.04. This trade represents a 1.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.49% of the company's stock.

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.