Dollar General Co. (NYSE:DG) Stock Holdings Lifted by First National Bank of Omaha

First National Bank of Omaha boosted its position in shares of Dollar General Co. (NYSE:DG - Free Report) by 23.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,736 shares of the company's stock after purchasing an additional 12,863 shares during the period. First National Bank of Omaha's holdings in Dollar General were worth $5,644,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. XTX Topco Ltd boosted its holdings in Dollar General by 6.1% in the third quarter. XTX Topco Ltd now owns 23,839 shares of the company's stock valued at $2,016,000 after purchasing an additional 1,360 shares during the last quarter. National Bank of Canada FI grew its holdings in Dollar General by 35.6% during the 3rd quarter. National Bank of Canada FI now owns 218,749 shares of the company's stock worth $18,500,000 after acquiring an additional 57,374 shares in the last quarter. Empirical Capital Management LLC acquired a new position in Dollar General during the 3rd quarter worth $3,045,000. Worldquant Millennium Advisors LLC acquired a new stake in shares of Dollar General in the 3rd quarter valued at about $32,932,000. Finally, Two Sigma Advisers LP bought a new position in shares of Dollar General during the third quarter worth about $29,819,000. Institutional investors and hedge funds own 91.77% of the company's stock.

Dollar General Price Performance

Shares of DG stock traded up $1.99 during mid-day trading on Friday, hitting $81.59. 6,926,885 shares of the stock traded hands, compared to its average volume of 3,770,983. Dollar General Co. has a twelve month low of $72.12 and a twelve month high of $168.07. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.24 and a current ratio of 1.22. The company's 50-day simple moving average is $79.52 and its 200-day simple moving average is $103.33. The firm has a market cap of $17.94 billion, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 2.33 and a beta of 0.44.

Dollar General (NYSE:DG - Get Free Report) last released its earnings results 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). Dollar General had a return on equity of 20.62% and a net margin of 3.57%. The firm had revenue of $10.18 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. Dollar General's revenue was up 5.0% on a year-over-year basis. As a group, equities research analysts expect that Dollar General Co. will post 5.78 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Tuesday, January 7th. Dollar General's payout ratio is 38.88%.

Analyst Upgrades and Downgrades

DG has been the topic of several research reports. Jefferies Financial Group cut their price objective on Dollar General from $110.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, November 15th. Bank of America upgraded Dollar General from an "underperform" rating to a "buy" rating and set a $95.00 price objective on the stock in a research note on Friday. Citigroup cut shares of Dollar General from a "neutral" rating to a "sell" rating and dropped their target price for the stock from $91.00 to $73.00 in a report on Friday, September 27th. Wells Fargo & Company decreased their price target on shares of Dollar General from $90.00 to $80.00 and set an "equal weight" rating for the company in a report on Thursday. Finally, Loop Capital cut their target price on shares of Dollar General from $130.00 to $90.00 and set a "hold" rating on the stock in a report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $98.27.

Insiders Place Their Bets

In other Dollar General news, EVP Steven R. Deckard sold 2,010 shares of the business's stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $86.66, for a total transaction of $174,186.60. Following the sale, the executive vice president now directly owns 2,887 shares of the company's stock, valued at $250,187.42. The trade was a 41.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Warren F. Bryant purchased 1,000 shares of the company's stock in a transaction that occurred on Tuesday, September 10th. The shares were acquired at an average cost of $80.83 per share, for a total transaction of $80,830.00. Following the completion of the transaction, the director now directly owns 42,030 shares of the company's stock, valued at $3,397,284.90. This trade represents a 2.44 % increase in their position. The disclosure for this purchase can be found here. 0.49% of the stock is currently owned by company 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.