WINTON GROUP Ltd Trims Stock Position in Dollar General Co. (NYSE:DG)

WINTON GROUP Ltd lowered its position in Dollar General Co. (NYSE:DG - Free Report) by 93.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 9,473 shares of the company's stock after selling 137,933 shares during the period. WINTON GROUP Ltd's holdings in Dollar General were worth $718,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DG. SBI Securities Co. Ltd. acquired a new position in Dollar General in the fourth quarter valued at approximately $57,000. Eagle Rock Investment Company LLC lifted its position in shares of Dollar General by 16.3% during the 4th quarter. Eagle Rock Investment Company LLC now owns 28,827 shares of the company's stock valued at $2,186,000 after acquiring an additional 4,048 shares during the period. Leibman Financial Services Inc. bought a new position in Dollar General during the fourth quarter worth $2,018,000. DAVENPORT & Co LLC grew its holdings in Dollar General by 5,624.9% in the fourth quarter. DAVENPORT & Co LLC now owns 321,623 shares of the company's stock worth $24,385,000 after purchasing an additional 316,005 shares during the period. Finally, Matrix Asset Advisors Inc. NY bought a new stake in Dollar General in the fourth quarter valued at $6,158,000. Institutional investors and hedge funds own 91.77% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DG. Morgan Stanley reduced their target price 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. Telsey Advisory Group restated a "market perform" rating and set a $85.00 price objective on shares of Dollar General in a report on Thursday, March 13th. BMO Capital Markets upped their target price on Dollar General from $80.00 to $84.00 and gave the stock a "market perform" rating in a research report on Friday, December 6th. Bank of America decreased their price target on shares of Dollar General from $95.00 to $90.00 and set a "buy" rating for the company in a research note on Friday, March 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $80.00 price target (down previously from $90.00) on shares of Dollar General in a research note on Monday, March 3rd. One equities 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 company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $92.26.

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Dollar General Price Performance

DG traded up $2.16 during trading on Wednesday, reaching $89.76. The stock had a trading volume of 3,094,151 shares, compared to its average volume of 3,669,973. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. The business has a 50-day moving average of $76.83 and a 200-day moving average of $77.88. Dollar General Co. has a one year low of $66.43 and a one year high of $164.12. The stock has a market cap of $19.74 billion, a PE ratio of 14.79, a PEG ratio of 2.18 and a beta of 0.44.

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, 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 company had revenue of $10.30 billion for the quarter, compared to analysts' expectations of $10.26 billion. During the same period last year, the firm posted $1.83 EPS. Dollar General's revenue for the quarter was up 4.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General's dividend payout ratio is presently 46.18%.

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.