Dollar General Co. (NYSE:DG) Shares Acquired by Grandeur Peak Global Advisors LLC

Grandeur Peak Global Advisors LLC increased its position in shares of Dollar General Co. (NYSE:DG - Free Report) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,233 shares of the company's stock after acquiring an additional 3,234 shares during the quarter. Grandeur Peak Global Advisors LLC's holdings in Dollar General were worth $2,216,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DG. Ceeto Capital Group LLC lifted its holdings in shares of Dollar General by 55.5% during the 4th quarter. Ceeto Capital Group LLC now owns 14,150 shares of the company's stock valued at $1,073,000 after purchasing an additional 5,050 shares during the last quarter. Quinn Opportunity Partners LLC raised its stake in Dollar General by 9.8% in the fourth quarter. Quinn Opportunity Partners LLC now owns 45,000 shares of the company's stock valued at $3,412,000 after buying an additional 4,000 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its holdings in Dollar General by 9,175.0% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 35,987 shares of the company's stock worth $2,729,000 after acquiring an additional 35,599 shares in the last quarter. Argent Trust Co boosted its holdings in Dollar General by 25.7% in the fourth quarter. Argent Trust Co now owns 9,386 shares of the company's stock worth $712,000 after acquiring an additional 1,918 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Dollar General during the fourth quarter worth about $45,899,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

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Insiders Place Their Bets

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 transaction of $76,628.48. Following the sale, the executive vice president now owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. The trade was a 1.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.49% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on DG shares. The Goldman Sachs Group decreased their price target on shares of Dollar General from $104.00 to $93.00 and set a "buy" rating for the company in a report on Thursday, January 23rd. Truist Financial lifted their price target on Dollar General from $76.00 to $93.00 and gave the stock a "hold" rating in a research report on Tuesday, April 8th. Bank of America cut their price objective on Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Melius Research raised Dollar General from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Finally, Citigroup upgraded shares of Dollar General from a "sell" rating to a "neutral" rating and increased their price target for the stock from $69.00 to $101.00 in a report on Monday, April 7th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $94.75.

Dollar General Price Performance

Shares of DG traded down $1.84 during mid-day trading on Tuesday, hitting $88.47. 2,828,703 shares of the company were exchanged, compared to its average volume of 3,849,372. The company has a 50 day moving average of $80.69 and a 200-day moving average of $78.21. Dollar General Co. has a 1-year low of $66.43 and a 1-year high of $147.87. The stock has a market cap of $19.46 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 2.18 and a beta of 0.40. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15.

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. The company had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.26 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.83 EPS. Analysts expect that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date is Tuesday, April 8th. Dollar General's dividend payout ratio (DPR) is currently 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.