Dollar General Co. (NYSE:DG) Stock Holdings Lifted by XTX Topco Ltd

XTX Topco Ltd lifted its position in shares of Dollar General Co. (NYSE:DG - Free Report) by 164.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,479 shares of the company's stock after acquiring an additional 13,988 shares during the quarter. XTX Topco Ltd's holdings in Dollar General were worth $2,972,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Oppenheimer Asset Management Inc. raised its position in Dollar General by 85.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 58,107 shares of the company's stock worth $7,683,000 after acquiring an additional 26,813 shares during the last quarter. Cetera Investment Advisers lifted its stake in Dollar General by 278.1% in the 1st quarter. Cetera Investment Advisers now owns 64,628 shares of the company's stock valued at $10,086,000 after buying an additional 47,534 shares in the last quarter. Vanguard Group Inc. grew its holdings in Dollar General by 15.5% during the 4th quarter. Vanguard Group Inc. now owns 25,071,820 shares of the company's stock valued at $3,408,514,000 after buying an additional 3,360,413 shares during the last quarter. Nexus Investment Management ULC increased its position in Dollar General by 10.5% during the first quarter. Nexus Investment Management ULC now owns 191,800 shares of the company's stock worth $29,932,000 after buying an additional 18,280 shares in the last quarter. Finally, FIL Ltd raised its holdings in shares of Dollar General by 31.4% in the fourth quarter. FIL Ltd now owns 1,340,157 shares of the company's stock worth $182,194,000 after acquiring an additional 320,157 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Dollar General Stock Down 0.4 %

Dollar General stock traded down $0.34 during trading on Thursday, reaching $86.52. 4,372,070 shares of the company's stock were exchanged, compared to its average volume of 2,986,161. The firm has a market cap of $19.03 billion, a price-to-earnings ratio of 12.59, a PEG ratio of 2.36 and a beta of 0.44. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.24 and a current ratio of 1.22. Dollar General Co. has a 52-week low of $77.96 and a 52-week high of $168.07. The company's 50-day moving average is $109.35 and its two-hundred day moving average is $130.48.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings data on Thursday, August 29th. The company reported $1.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.79 by ($0.09). Dollar General had a net margin of 3.57% and a return on equity of 20.62%. The firm had revenue of $10.21 billion for the quarter, compared to analysts' expectations of $10.37 billion. During the same quarter in the prior year, the business earned $2.13 EPS. The company's revenue for the quarter was up 4.2% on a year-over-year basis. On average, analysts predict that Dollar General Co. will post 5.85 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 22nd. Investors of record on Tuesday, October 8th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date is Tuesday, October 8th. Dollar General's dividend payout ratio is currently 34.35%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Loop Capital decreased their price objective on Dollar General from $130.00 to $90.00 and set a "hold" rating on the stock in a research note on Friday, August 30th. Barclays cut their price objective on shares of Dollar General from $154.00 to $102.00 and set an "overweight" rating for the company in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. decreased their target price on shares of Dollar General from $130.00 to $97.00 and set a "neutral" rating on the stock in a research report on Friday, August 30th. Daiwa America downgraded Dollar General from a "moderate buy" rating to a "hold" rating in a report on Wednesday, September 4th. Finally, Telsey Advisory Group cut Dollar General from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from $168.00 to $103.00 in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $113.95.

Insider Buying and Selling at Dollar General

In other Dollar General news, Director Warren F. Bryant bought 500 shares of Dollar General stock in a transaction dated Thursday, September 5th. The stock was bought at an average cost of $80.40 per share, for a total transaction of $40,200.00. Following the purchase, the director now owns 41,030 shares in the company, valued at approximately $3,298,812. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Warren F. Bryant bought 500 shares of the business's stock in a transaction dated Thursday, September 5th. The shares were acquired at an average price of $80.40 per share, for a total transaction of $40,200.00. Following the purchase, the director now owns 41,030 shares in the company, valued at approximately $3,298,812. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Roderick J. West sold 2,510 shares of Dollar General stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $83.25, for a total value of $208,957.50. Following the completion of the transaction, the executive vice president now owns 9,163 shares of the company's stock, valued at $762,819.75. The disclosure for this sale can be found here. 0.49% of the stock is owned by 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.