63,681 Shares in Dollar General Co. (NYSE:DG) Bought by Oxbow Advisors LLC

Oxbow Advisors LLC purchased a new stake in shares of Dollar General Co. (NYSE:DG - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 63,681 shares of the company's stock, valued at approximately $5,386,000.

Other institutional investors have also recently made changes to their positions in the company. Capital International Investors raised its holdings in Dollar General by 11.3% during the first quarter. Capital International Investors now owns 20,790,023 shares of the company's stock valued at $3,244,491,000 after acquiring an additional 2,113,485 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Dollar General by 11.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,217,480 shares of the company's stock valued at $3,155,141,000 after buying an additional 2,031,593 shares during the period. Point72 Asset Management L.P. grew its stake in Dollar General by 148.6% in the second quarter. Point72 Asset Management L.P. now owns 1,280,020 shares of the company's stock worth $169,257,000 after purchasing an additional 765,206 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Dollar General by 319.6% in the second quarter. The Manufacturers Life Insurance Company now owns 925,083 shares of the company's stock worth $122,324,000 after acquiring an additional 704,639 shares during the period. Finally, Interval Partners LP bought a new position in shares of Dollar General during the first quarter valued at approximately $87,081,000. Institutional investors own 91.77% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on DG. Melius Research initiated coverage on shares of Dollar General in a research note on Monday, September 23rd. They set a "hold" rating and a $85.00 price objective for the company. Telsey Advisory Group lowered Dollar General from an "outperform" rating to a "market perform" rating and cut their price objective for the company from $168.00 to $103.00 in a report on Friday, August 30th. Wells Fargo & Company reduced their price objective on Dollar General from $145.00 to $130.00 and set an "equal weight" rating for the company in a research note on Tuesday, August 27th. UBS Group dropped their target price on Dollar General from $155.00 to $108.00 and set a "buy" rating on the stock in a research report on Friday, August 30th. Finally, BMO Capital Markets reduced their price target on shares of Dollar General from $130.00 to $90.00 and set a "market perform" rating for the company in a research report on Friday, August 30th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $107.05.

Insider Transactions at Dollar General

In other news, EVP Roderick J. West sold 2,510 shares of the firm's stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $83.25, for a total transaction of $208,957.50. Following the sale, the executive vice president now owns 9,163 shares of the company's stock, valued at approximately $762,819.75. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Dollar General news, EVP Roderick J. West sold 2,510 shares of the firm's stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $83.25, for a total transaction of $208,957.50. Following the transaction, the executive vice president now owns 9,163 shares of the company's stock, valued at approximately $762,819.75. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Steven R. Deckard sold 2,010 shares of the business's stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $86.66, for a total value of $174,186.60. Following the completion of 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 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company's stock.

Dollar General Trading Down 1.4 %

Shares of Dollar General stock traded down $1.12 during mid-day trading on Friday, hitting $76.95. The stock had a trading volume of 3,885,503 shares, compared to its average volume of 4,427,763. Dollar General Co. has a 12-month low of $76.76 and a 12-month high of $168.07. The firm has a market cap of $16.92 billion, a P/E ratio of 11.95, a price-to-earnings-growth ratio of 2.26 and a beta of 0.45. The firm has a 50-day moving average of $82.44 and a two-hundred day moving average of $112.68. The company has a quick ratio of 0.24, a current ratio of 1.22 and a debt-to-equity ratio of 0.86.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings results on Thursday, August 29th. The company reported $1.70 earnings per share 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 company had revenue of $10.21 billion for the quarter, compared to analyst estimates of $10.37 billion. During the same quarter in the prior year, the business earned $2.13 earnings per share. Dollar General's revenue was up 4.2% on a year-over-year basis. Sell-side analysts forecast that Dollar General Co. will post 5.86 earnings per share for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 22nd. Stockholders of record on Tuesday, October 8th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.07%. Dollar General's payout ratio is 36.65%.

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.