11,439 Shares in Dollar General Co. (NYSE:DG) Bought by Symmetry Investments LP

Symmetry Investments LP purchased a new position in Dollar General Co. (NYSE:DG - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,439 shares of the company's stock, valued at approximately $867,000.

Several other large investors also recently bought and sold shares of DG. SBI Securities Co. Ltd. purchased a new stake in Dollar General during the 4th quarter worth approximately $57,000. Eagle Rock Investment Company LLC grew its position in shares of Dollar General by 16.3% during the fourth quarter. Eagle Rock Investment Company LLC now owns 28,827 shares of the company's stock worth $2,186,000 after buying an additional 4,048 shares in the last quarter. Leibman Financial Services Inc. acquired a new stake in Dollar General in the fourth quarter valued at $2,018,000. DAVENPORT & Co LLC lifted its position in shares of Dollar General by 5,624.9% during the fourth quarter. DAVENPORT & Co LLC now owns 321,623 shares of the company's stock worth $24,385,000 after purchasing an additional 316,005 shares during the last quarter. Finally, Matrix Asset Advisors Inc. NY bought a new position in Dollar General during the 4th quarter worth approximately $6,158,000. Institutional investors and hedge funds own 91.77% of the company's stock.

Dollar General Price Performance

DG stock traded down $0.17 on Friday, hitting $93.64. 3,040,017 shares of the company's stock traded hands, compared to its average volume of 3,917,153. The stock has a market cap of $20.60 billion, a price-to-earnings ratio of 15.43, a P/E/G ratio of 2.18 and a beta of 0.40. Dollar General Co. has a 1-year low of $66.43 and a 1-year high of $147.87. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The stock has a fifty day moving average of $84.29 and a 200-day moving average of $78.88.

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

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.52%. Dollar General's dividend payout ratio is currently 46.18%.

Wall Street Analyst Weigh In

DG has been the topic of a number of recent research reports. Piper Sandler raised their price target on shares of Dollar General from $79.00 to $81.00 and gave the stock a "neutral" rating in a research report on Friday, March 14th. Morgan Stanley decreased their target price on 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. The Goldman Sachs Group cut their price target on Dollar General from $104.00 to $93.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Telsey Advisory Group restated a "market perform" rating and set a $85.00 price objective on shares of Dollar General in a research note on Thursday, March 13th. Finally, UBS Group cut their target price on Dollar General from $108.00 to $95.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Dollar General has an average rating of "Hold" and an average price target of $94.75.

Insider Activity at Dollar General

In related news, EVP Emily C. Taylor sold 809 shares of the stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $94.72, for a total value of $76,628.48. Following the completion of the sale, the executive vice president now directly owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. This represents a 1.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.56% of the stock is owned by insiders.

Dollar General Company 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.