4,274 Shares in Dollar General Co. (NYSE:DG) Purchased by Everhart Financial Group Inc.

Everhart Financial Group Inc. bought a new position in Dollar General Co. (NYSE:DG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,274 shares of the company's stock, valued at approximately $324,000.

A number of other hedge funds also recently bought and sold shares of the business. Exchange Traded Concepts LLC purchased a new stake in shares of Dollar General in the 3rd quarter worth about $202,000. Creative Planning lifted its holdings in shares of Dollar General by 148.9% during the third quarter. Creative Planning now owns 144,050 shares of the company's stock valued at $12,182,000 after purchasing an additional 86,176 shares in the last quarter. NBC Securities Inc. boosted its holdings in shares of Dollar General by 13.3% during the 3rd quarter. NBC Securities Inc. now owns 2,058 shares of the company's stock valued at $174,000 after acquiring an additional 241 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Dollar General by 2.4% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,152 shares of the company's stock worth $2,212,000 after acquiring an additional 602 shares during the period. Finally, V Square Quantitative Management LLC raised its holdings in shares of Dollar General by 100.2% during the third quarter. V Square Quantitative Management LLC now owns 5,098 shares of the company's stock valued at $431,000 after purchasing an additional 2,551 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Dollar General Price Performance

Shares of Dollar General stock traded up $0.53 during trading on Thursday, reaching $76.16. 4,485,335 shares of the stock traded hands, compared to its average volume of 3,381,167. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $168.07. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. The business has a fifty day simple moving average of $73.31 and a two-hundred day simple moving average of $83.32. The company has a market capitalization of $16.75 billion, a price-to-earnings ratio of 12.55, a P/E/G ratio of 2.15 and a beta of 0.43.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($0.08). The firm had revenue of $10.18 billion during the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The business's revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.26 EPS. Sell-side analysts expect that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, January 7th. This represents a $2.36 annualized dividend and a yield of 3.10%. Dollar General's dividend payout ratio (DPR) is currently 38.88%.

Insiders Place Their Bets

In other news, EVP Emily C. Taylor sold 4,740 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $77.44, for a total value of $367,065.60. Following the sale, the executive vice president now directly owns 15,575 shares in the company, valued at approximately $1,206,128. This represents a 23.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Michael M. Calbert sold 6,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total value of $451,620.00. Following the sale, the director now directly owns 120,322 shares of the company's stock, valued at $9,056,636.94. This represents a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company's stock.

Wall Street Analyst Weigh In

DG has been the topic of several research reports. Telsey Advisory Group dropped their target price on shares of Dollar General from $103.00 to $90.00 and set a "market perform" rating on the stock in a report on Monday, December 2nd. Bank of America upgraded Dollar General from an "underperform" rating to a "buy" rating and set a $95.00 price target on the stock in a research note on Friday, December 6th. Morgan Stanley reduced their price objective on Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. Bernstein Bank dropped their target price on Dollar General from $98.00 to $94.00 in a research report on Friday, November 15th. Finally, The Goldman Sachs Group reduced their price target 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. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Dollar General has an average rating of "Hold" and an average price target of $96.77.

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.