Semanteon Capital Management LP Has $1.15 Million Holdings in Dollar General Co. (NYSE:DG)

Semanteon Capital Management LP lifted its position in shares of Dollar General Co. (NYSE:DG - Free Report) by 225.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,109 shares of the company's stock after acquiring an additional 10,468 shares during the period. Semanteon Capital Management LP's holdings in Dollar General were worth $1,146,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. IMG Wealth Management Inc. bought a new position in shares of Dollar General during the fourth quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB bought a new position in Dollar General during the 3rd quarter worth $33,000. Providence First Trust Co acquired a new stake in Dollar General in the fourth quarter worth $33,000. Bogart Wealth LLC lifted its stake in Dollar General by 279.8% in the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company's stock valued at $37,000 after buying an additional 361 shares during the last quarter. Finally, OFI Invest Asset Management acquired a new position in shares of Dollar General during the fourth quarter valued at $37,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Performance

Shares of Dollar General stock traded down $0.54 during trading on Tuesday, reaching $82.62. The company's stock had a trading volume of 3,893,767 shares, compared to its average volume of 3,541,205. The business's fifty day moving average price is $74.82 and its 200-day moving average price is $77.72. Dollar General Co. has a one year low of $66.43 and a one year high of $164.12. The firm has a market cap of $18.17 billion, a price-to-earnings ratio of 13.61, a price-to-earnings-growth ratio of 2.18 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.

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Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.51 by $0.17. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.26 billion. During the same quarter in the prior year, the business earned $1.83 earnings per share. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. As a group, equities research analysts predict that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 2.86%. Dollar General's dividend payout ratio is currently 46.18%.

Insider Activity

In related news, Director Michael M. Calbert sold 6,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.49% of the stock is owned by company insiders.

Analysts Set New Price Targets

DG has been the subject of a number of analyst reports. Evercore ISI reduced their target price on shares of Dollar General from $97.00 to $95.00 and set an "in-line" rating for the company in a research note on Tuesday, December 3rd. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $80.00 target price (down from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Gordon Haskett cut Dollar General from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Barclays decreased their price target on Dollar General from $102.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, January 9th. Finally, UBS Group cut their price target on shares of Dollar General from $108.00 to $95.00 and set a "buy" rating for the company in a report on Thursday, March 6th. One research 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, Dollar General presently has an average rating of "Hold" and a consensus target price of $92.26.

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.