91,697 Shares in Dollar General Co. (NYSE:DG) Purchased by Mirabella Financial Services LLP

Mirabella Financial Services LLP purchased a new stake in shares of Dollar General Co. (NYSE:DG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 91,697 shares of the company's stock, valued at approximately $6,945,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Anchor Investment Management LLC boosted its position in shares of Dollar General by 8.3% during the third quarter. Anchor Investment Management LLC now owns 17,414 shares of the company's stock valued at $1,473,000 after buying an additional 1,333 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Dollar General during the 3rd quarter valued at $33,000. Tidal Investments LLC grew its position in Dollar General by 25.4% in the 3rd quarter. Tidal Investments LLC now owns 17,315 shares of the company's stock valued at $1,464,000 after acquiring an additional 3,504 shares during the last quarter. Franklin Resources Inc. increased its stake in Dollar General by 17.6% in the third quarter. Franklin Resources Inc. now owns 69,173 shares of the company's stock worth $5,517,000 after purchasing an additional 10,333 shares during the period. Finally, Birmingham Capital Management Co. Inc. AL bought a new stake in shares of Dollar General during the third quarter worth $263,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Dollar General Price Performance

Dollar General stock traded down $1.33 during midday trading on Wednesday, reaching $95.46. The company's stock had a trading volume of 3,851,421 shares, compared to its average volume of 3,901,063. 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 Co. has a fifty-two week low of $66.43 and a fifty-two week high of $147.87. The firm has a market capitalization of $21.00 billion, a PE ratio of 15.73, a P/E/G ratio of 2.18 and a beta of 0.40. The stock's 50 day simple moving average is $83.03 and its 200 day simple moving average is $78.63.

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 for the quarter, beating 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 the consensus estimate of $10.26 billion. During the same period last year, the business posted $1.83 EPS. Dollar General's quarterly revenue was up 4.5% on a year-over-year basis. On average, equities research analysts forecast that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date was Tuesday, April 8th. Dollar General's payout ratio is currently 46.18%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DG shares. Melius Research upgraded shares of Dollar General from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Barclays dropped their target price on shares of Dollar General from $102.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 9th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $80.00 target price (down from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Piper Sandler boosted their price target on Dollar General from $79.00 to $81.00 and gave the company a "neutral" rating in a report on Friday, March 14th. Finally, Telsey Advisory Group restated a "market perform" rating and set a $85.00 price objective on shares of Dollar General in a report on Thursday, March 13th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $94.75.

Insiders Place Their Bets

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of the firm's stock in a transaction dated 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 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 Securities & Exchange Commission, which is accessible through this link. 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.