Robeco Institutional Asset Management B.V. Has $1.73 Million Stock Holdings in Dollar General Co. (NYSE:DG)

Robeco Institutional Asset Management B.V. decreased its position in shares of Dollar General Co. (NYSE:DG) by 26.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,701 shares of the company’s stock after selling 4,530 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Dollar General were worth $1,727,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. McGlone Suttner Wealth Management Inc. bought a new position in shares of Dollar General during the 4th quarter valued at $25,000. Studio Investment Management LLC acquired a new stake in shares of Dollar General in the third quarter worth about $26,000. MV Capital Management Inc. boosted its stake in shares of Dollar General by 78.0% during the 4th quarter. MV Capital Management Inc. now owns 219 shares of the company’s stock worth $30,000 after acquiring an additional 96 shares in the last quarter. Covestor Ltd increased its holdings in shares of Dollar General by 48.3% during the 3rd quarter. Covestor Ltd now owns 304 shares of the company’s stock valued at $33,000 after acquiring an additional 99 shares during the last quarter. Finally, Lowe Wealth Advisors LLC bought a new position in shares of Dollar General in the 4th quarter valued at approximately $33,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Trading Down 0.7 %

DG stock opened at $141.55 on Thursday. Dollar General Co. has a 1-year low of $101.09 and a 1-year high of $210.25. The company has a current ratio of 1.19, a quick ratio of 0.15 and a debt-to-equity ratio of 0.92. The business’s 50 day moving average is $147.07 and its 200-day moving average is $138.74. The firm has a market cap of $31.09 billion, a P/E ratio of 18.72, a P/E/G ratio of 2.82 and a beta of 0.44.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, March 14th. The company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.09. The firm had revenue of $9.86 billion for the quarter, compared to analysts’ expectations of $9.77 billion. Dollar General had a return on equity of 26.13% and a net margin of 4.29%. The business’s revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.96 earnings per share. Equities analysts anticipate that Dollar General Co. will post 7.27 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 23rd. Investors of record on Tuesday, April 9th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend was Monday, April 8th. Dollar General’s dividend payout ratio is currently 31.22%.

Insider Buying and Selling at Dollar General

In related news, Director Ralph Santana sold 3,009 shares of the stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total transaction of $468,561.48. Following the sale, the director now directly owns 3,248 shares in the company, valued at approximately $505,778.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Dollar General news, EVP Carman R. Wenkoff sold 5,909 shares of the business’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $162.23, for a total value of $958,617.07. Following the completion of the transaction, the executive vice president now directly owns 28,579 shares of the company’s stock, valued at $4,636,371.17. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ralph Santana sold 3,009 shares of the company’s stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total transaction of $468,561.48. Following the transaction, the director now owns 3,248 shares in the company, valued at $505,778.56. The disclosure for this sale can be found here. Company insiders own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

DG has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their target price on Dollar General from $147.00 to $169.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. JPMorgan Chase & Co. raised their target price on shares of Dollar General from $158.00 to $161.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. BMO Capital Markets boosted their target price on shares of Dollar General from $130.00 to $160.00 and gave the stock a “market perform” rating in a research report on Friday, March 15th. Truist Financial raised their price target on Dollar General from $125.00 to $140.00 and gave the company a “hold” rating in a research report on Friday, March 15th. Finally, StockNews.com raised Dollar General from a “sell” rating to a “hold” rating in a research report on Wednesday, February 14th. Fifteen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $153.08.

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.