Two Sigma Securities LLC Raises Stock Position in Dollar General Co. (NYSE:DG)

Two Sigma Securities LLC lifted its holdings in Dollar General Co. (NYSE:DG - Free Report) by 148.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,577 shares of the company's stock after purchasing an additional 2,734 shares during the period. Two Sigma Securities LLC's holdings in Dollar General were worth $347,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DG. IMG Wealth Management Inc. acquired a new position in shares of Dollar General during the fourth quarter worth about $25,000. Altshuler Shaham Ltd acquired a new position in Dollar General during the 4th quarter worth approximately $25,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Dollar General in the 3rd quarter valued at approximately $33,000. Providence First Trust Co acquired a new stake in shares of Dollar General in the 4th quarter valued at $33,000. Finally, Bogart Wealth LLC lifted its holdings in Dollar General by 279.8% during the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company's stock worth $37,000 after buying an additional 361 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DG. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $80.00 price objective (down previously from $90.00) on shares of Dollar General in a report on Monday, March 3rd. UBS Group cut their price objective on shares of Dollar General from $108.00 to $95.00 and set a "buy" rating on the stock in a report on Thursday, March 6th. Melius Research upgraded shares of Dollar General from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Bank of America cut their price target on shares of Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. 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 report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $94.75.

Dollar General Stock Down 0.2 %

DG opened at $93.64 on Monday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. Dollar General Co. has a 12 month low of $66.43 and a 12 month high of $147.87. The stock has a market capitalization of $20.60 billion, a P/E ratio of 15.43, a P/E/G ratio of 2.18 and a beta of 0.40. The business has a 50 day simple moving average of $84.29 and a 200-day simple moving average of $78.83.

Dollar General (NYSE:DG - Get Free Report) last released its earnings results 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%. Dollar General's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.83 earnings per share. On average, equities analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

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

Insider Buying and Selling at Dollar General

In other news, EVP Emily C. Taylor sold 809 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the sale, the executive vice president now directly owns 48,532 shares in the company, valued at $4,596,951.04. This represents a 1.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is owned by corporate insiders.

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.

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