Reinhart Partners LLC. Has $5.33 Million Position in Dollar General Co. (NYSE:DG)

Reinhart Partners LLC. cut its position in Dollar General Co. (NYSE:DG - Free Report) by 17.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,282 shares of the company's stock after selling 15,315 shares during the quarter. Reinhart Partners LLC.'s holdings in Dollar General were worth $5,329,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Pzena Investment Management LLC grew its position in shares of Dollar General by 453.4% in the 3rd quarter. Pzena Investment Management LLC now owns 10,238,886 shares of the company's stock valued at $865,903,000 after acquiring an additional 8,388,735 shares during the period. State Street Corp grew its holdings in Dollar General by 8.3% during the third quarter. State Street Corp now owns 9,958,704 shares of the company's stock worth $842,208,000 after purchasing an additional 759,869 shares during the period. Geode Capital Management LLC increased its position in Dollar General by 3.6% during the third quarter. Geode Capital Management LLC now owns 5,243,012 shares of the company's stock worth $441,899,000 after buying an additional 182,300 shares during the last quarter. Baupost Group LLC MA bought a new stake in Dollar General in the third quarter valued at approximately $194,832,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Dollar General by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,434,960 shares of the company's stock valued at $121,355,000 after buying an additional 31,200 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Price Performance

Shares of Dollar General stock traded up $0.22 during trading on Monday, reaching $71.58. 4,090,907 shares of the company's stock were exchanged, compared to its average volume of 3,881,443. The firm's 50-day moving average price is $76.30 and its 200 day moving average price is $93.05. The company has a market cap of $15.74 billion, a P/E ratio of 11.79, a PEG ratio of 2.29 and a beta of 0.44. 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 1-year low of $70.15 and a 1-year high of $168.07.

Dollar General (NYSE:DG - Get Free Report) last issued its earnings results on Thursday, December 5th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.08). The business had revenue of $10.18 billion for the quarter, compared to analyst estimates of $10.14 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm's revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.26 EPS. As a group, research analysts anticipate that Dollar General Co. will post 5.76 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend is Tuesday, January 7th. Dollar General's dividend payout ratio (DPR) is 38.88%.

Insider Buying and Selling

In other Dollar General news, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $77.44, for a total transaction of $367,065.60. Following the transaction, the executive vice president now directly owns 15,575 shares of the company's stock, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael M. Calbert sold 6,000 shares of the company's stock in a transaction dated 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 owns 120,322 shares in the company, valued at $9,056,636.94. This trade represents a 4.75 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Citigroup cut Dollar General from a "neutral" rating to a "sell" rating and dropped their price target for the company from $91.00 to $73.00 in a research note on Friday, September 27th. Melius Research assumed coverage on shares of Dollar General in a research report on Monday, September 23rd. They issued a "hold" rating and a $85.00 price objective on the stock. Wells Fargo & Company reduced their target price on shares of Dollar General from $90.00 to $80.00 and set an "equal weight" rating for the company in a report on Thursday, December 5th. BMO Capital Markets increased their price target on shares of Dollar General from $80.00 to $84.00 and gave the company a "market perform" rating in a report on Friday, December 6th. Finally, JPMorgan Chase & Co. decreased their target price on Dollar General from $97.00 to $82.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $98.18.

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.