Dollar General Co. (NYSE:DG) Shares Sold by Jackson Hole Capital Partners LLC

Jackson Hole Capital Partners LLC trimmed its holdings in shares of Dollar General Co. (NYSE:DG) by 20.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,597 shares of the company’s stock after selling 3,268 shares during the period. Jackson Hole Capital Partners LLC’s holdings in Dollar General were worth $1,713,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Dollar General in the fourth quarter worth approximately $25,000. Studio Investment Management LLC acquired a new position in Dollar General during the 3rd quarter worth approximately $26,000. MV Capital Management Inc. grew its stake in shares of Dollar General by 78.0% during the fourth quarter. MV Capital Management Inc. now owns 219 shares of the company’s stock valued at $30,000 after acquiring an additional 96 shares in the last quarter. Covestor Ltd grew its stake in 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 purchasing an additional 99 shares in the last quarter. Finally, Lowe Wealth Advisors LLC acquired a new stake in shares of Dollar General during the fourth quarter worth approximately $33,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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

Dollar General Stock Down 0.4 %

Dollar General stock traded down $0.57 during midday trading on Thursday, hitting $142.59. 1,387,946 shares of the stock were exchanged, compared to its average volume of 2,326,615. Dollar General Co. has a 52-week low of $101.09 and a 52-week high of $222.99. The company has a quick ratio of 0.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.92. The business’s 50-day moving average price is $150.36 and its 200-day moving average price is $135.18. The stock has a market capitalization of $31.32 billion, a price-to-earnings ratio of 18.86, a price-to-earnings-growth ratio of 2.55 and a beta of 0.42.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 14th. The company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.09. The company had revenue of $9.86 billion during the quarter, compared to the consensus estimate of $9.77 billion. Dollar General had a return on equity of 26.13% and a net margin of 4.29%. Dollar General’s revenue was down 3.4% on a year-over-year basis. During the same period last year, the business posted $2.96 earnings per share. On average, research analysts expect that Dollar General Co. will post 7.28 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date was Monday, April 8th. Dollar General’s payout ratio is 31.22%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on Dollar General from $125.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Friday, March 15th. Morgan Stanley upped their price target on shares of Dollar General from $160.00 to $170.00 and gave the company an “overweight” rating in a research report on Friday, March 15th. The Goldman Sachs Group increased their price target on shares of Dollar General from $147.00 to $169.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Truist Financial increased their price objective on Dollar General from $125.00 to $140.00 and gave the stock a “hold” rating in a report on Friday, March 15th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Dollar General in a research note on Wednesday, March 6th. Fifteen research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $153.08.

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.