Fuller & Thaler Asset Management Inc. Buys 7,421 Shares of Dollar General Co. (NYSE:DG)

Fuller & Thaler Asset Management Inc. lifted its stake in Dollar General Co. (NYSE:DG - Free Report) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 302,665 shares of the company's stock after purchasing an additional 7,421 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 0.14% of Dollar General worth $22,948,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. MGO One Seven LLC lifted its stake in Dollar General by 36.3% in the 4th quarter. MGO One Seven LLC now owns 12,956 shares of the company's stock valued at $982,000 after buying an additional 3,448 shares in the last quarter. Dark Forest Capital Management LP acquired a new position in shares of Dollar General in the fourth quarter worth $398,000. Kamunting Street Capital Management L.P. lifted its position in shares of Dollar General by 33.3% in the fourth quarter. Kamunting Street Capital Management L.P. now owns 40,000 shares of the company's stock valued at $3,033,000 after acquiring an additional 10,000 shares in the last quarter. Twin Lions Management LLC acquired a new stake in shares of Dollar General during the fourth quarter valued at $15,574,000. Finally, IHT Wealth Management LLC acquired a new position in Dollar General in the 4th quarter valued at about $302,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DG. Piper Sandler boosted their price objective on shares of Dollar General from $79.00 to $81.00 and gave the company a "neutral" rating in a research report on Friday, March 14th. Melius Research raised Dollar General from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $85.00 price objective on shares of Dollar General in a research report on Thursday, March 13th. Bank of America reduced their target price on Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a research report on Friday, March 14th. Finally, Barclays dropped 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 analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $94.75.

Dollar General Stock Down 1.1 %

NYSE DG traded down $1.07 during trading hours on Monday, reaching $92.49. 3,048,316 shares of the company traded hands, compared to its average volume of 3,923,836. The company has a 50 day moving average of $84.29 and a two-hundred day moving average of $78.83. The stock has a market capitalization of $20.34 billion, a PE ratio of 15.24, a PEG ratio of 2.18 and a beta of 0.40. 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 posted its quarterly earnings results on Thursday, March 13th. The company reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.17. The business had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.26 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the firm earned $1.83 earnings per share. As a group, equities analysts expect that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date was Tuesday, April 8th. Dollar General's payout ratio is 46.18%.

Insider Buying and Selling at Dollar General

In other news, EVP Emily C. Taylor sold 809 shares of Dollar General stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.56% of the stock is owned by company insiders.

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.