Dollar General Co. (NYSE:DG) Stock Holdings Lessened by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. cut its stake in shares of Dollar General Co. (NYSE:DG - Free Report) by 6.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,245 shares of the company's stock after selling 2,792 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Dollar General were worth $2,975,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Deseret Mutual Benefit Administrators lifted its stake in Dollar General by 8.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,884 shares of the company's stock valued at $143,000 after acquiring an additional 150 shares during the last quarter. Bruce G. Allen Investments LLC lifted its stake in shares of Dollar General by 20.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 953 shares of the company's stock valued at $72,000 after purchasing an additional 161 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of Dollar General by 9.8% in the 4th quarter. Federated Hermes Inc. now owns 2,159 shares of the company's stock valued at $164,000 after purchasing an additional 192 shares during the last quarter. Peoples Bank KS boosted its holdings in Dollar General by 19.1% in the fourth quarter. Peoples Bank KS now owns 1,435 shares of the company's stock worth $109,000 after purchasing an additional 230 shares in the last quarter. Finally, Metis Global Partners LLC increased its position in Dollar General by 3.6% during the fourth quarter. Metis Global Partners LLC now owns 7,297 shares of the company's stock worth $553,000 after buying an additional 255 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on DG shares. Barclays decreased their price target on Dollar General from $102.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, January 9th. The Goldman Sachs Group lowered their price target on Dollar General from $104.00 to $93.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Telsey Advisory Group restated a "market perform" rating and issued a $85.00 price objective on shares of Dollar General in a research note on Thursday, March 13th. Bank of America lowered their target price on shares of Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. Finally, Melius Research raised shares of Dollar General from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $94.75.

Dollar General Trading Down 0.2 %

DG stock opened at $93.64 on Friday. Dollar General Co. has a 1-year low of $66.43 and a 1-year 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. The business's 50 day moving average is $84.29 and its 200-day moving average is $78.86. The firm has a market cap of $20.60 billion, a P/E ratio of 15.43, a P/E/G ratio of 2.18 and a beta of 0.40.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings data 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 return on equity of 18.85% and a net margin of 3.33%. The firm had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.26 billion. During the same period in the prior year, the company posted $1.83 earnings per share. The business'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 fiscal year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Tuesday, April 8th. Dollar General's payout ratio is 46.18%.

Insider Activity

In related news, EVP Emily C. Taylor sold 809 shares of the firm's stock in a transaction 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 completion of the sale, the executive vice president now directly owns 48,532 shares of the company's stock, valued at $4,596,951.04. This trade represents a 1.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by corporate insiders.

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.

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