3,839 Shares in Dollar General Co. (NYSE:DG) Bought by RD Lewis Holdings Inc.

RD Lewis Holdings Inc. purchased a new stake in Dollar General Co. (NYSE:DG - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 3,839 shares of the company's stock, valued at approximately $278,000.

Several other hedge funds and other institutional investors have also modified their holdings of DG. IMG Wealth Management Inc. acquired a new position in Dollar General during the 4th quarter valued at about $25,000. Wilmington Savings Fund Society FSB acquired a new position in Dollar General during the 3rd quarter valued at about $33,000. Providence First Trust Co acquired a new position in Dollar General during the 4th quarter valued at about $33,000. Bogart Wealth LLC boosted its stake in Dollar General by 279.8% during the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company's stock valued at $37,000 after purchasing an additional 361 shares during the period. Finally, Venturi Wealth Management LLC lifted its stake in shares of Dollar General by 126.4% in the 4th quarter. Venturi Wealth Management LLC now owns 498 shares of the company's stock worth $38,000 after acquiring an additional 278 shares during the period. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Trading Up 2.7 %

Shares of DG stock traded up $2.17 during trading hours on Friday, reaching $83.84. 6,955,393 shares of the stock traded hands, compared to its average volume of 3,530,805. The firm has a market capitalization of $18.44 billion, a PE ratio of 13.81, a PEG ratio of 2.18 and a beta of 0.44. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. The business has a fifty day moving average price of $74.58 and a 200 day moving average price of $77.76. Dollar General Co. has a 1-year low of $66.43 and a 1-year high of $164.12.

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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. The firm had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.26 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.83 EPS. On average, equities research analysts forecast that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.82%. The ex-dividend date is Tuesday, April 8th. Dollar General's dividend payout ratio is 46.18%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. The Goldman Sachs Group reduced their price target on shares of Dollar General from $104.00 to $93.00 and set a "buy" rating for the company in a research note on Thursday, January 23rd. Piper Sandler upped their price target on shares of Dollar General from $79.00 to $81.00 and gave the stock a "neutral" rating in a research note on Friday, March 14th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $85.00 price target on shares of Dollar General in a research note on Thursday, March 13th. BMO Capital Markets upped their price target on shares of Dollar General from $80.00 to $84.00 and gave the stock a "market perform" rating in a research note on Friday, December 6th. Finally, Morgan Stanley reduced their price target on shares of Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $92.26.

Insiders Place Their Bets

In other Dollar General news, Director Michael M. Calbert sold 6,000 shares of the business's stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the sale, the director now directly owns 120,322 shares of the company's stock, valued at $9,056,636.94. The trade was a 4.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.49% of the company's stock.

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.