UniSuper Management Pty Ltd Has $2.19 Million Stock Holdings in Dollar General Co. (NYSE:DG)

UniSuper Management Pty Ltd boosted its holdings in shares of Dollar General Co. (NYSE:DG) by 25.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,831 shares of the company’s stock after buying an additional 5,824 shares during the period. UniSuper Management Pty Ltd’s holdings in Dollar General were worth $2,186,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Cerity Partners LLC grew its holdings in shares of Dollar General by 36.3% during the 3rd quarter. Cerity Partners LLC now owns 31,211 shares of the company’s stock valued at $2,640,000 after acquiring an additional 8,310 shares in the last quarter. D.A. Davidson & CO. boosted its position in Dollar General by 112.9% during the third quarter. D.A. Davidson & CO. now owns 5,394 shares of the company’s stock valued at $456,000 after purchasing an additional 2,861 shares during the last quarter. CreativeOne Wealth LLC grew its stake in Dollar General by 15.1% in the third quarter. CreativeOne Wealth LLC now owns 6,015 shares of the company’s stock valued at $509,000 after purchasing an additional 789 shares in the last quarter. Public Sector Pension Investment Board increased its position in Dollar General by 14.3% in the 3rd quarter. Public Sector Pension Investment Board now owns 9,601 shares of the company’s stock worth $812,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Verition Fund Management LLC raised its stake in shares of Dollar General by 387.7% during the 3rd quarter. Verition Fund Management LLC now owns 32,912 shares of the company’s stock worth $2,783,000 after purchasing an additional 26,164 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Stock Down 1.7 %

NYSE DG opened at $86.03 on Monday. Dollar General Co. has a twelve month low of $66.43 and a twelve month high of $164.12. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. The stock has a market cap of $18.92 billion, a PE ratio of 14.17, a PEG ratio of 2.18 and a beta of 0.44. The firm has a 50-day simple moving average of $76.12 and a 200 day simple moving average of $77.83.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, March 13th. The company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.17. The company had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.26 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. Dollar General’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.83 EPS. On average, research analysts forecast that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date is Tuesday, April 8th. Dollar General’s dividend payout ratio is 46.18%.

Insider Transactions at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the transaction, the director now directly owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.49% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DG. Truist Financial dropped their price objective on Dollar General from $94.00 to $83.00 and set a “hold” rating on the stock in a report on Friday, December 6th. UBS Group dropped their price target on shares of Dollar General from $108.00 to $95.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Barclays reduced their price objective on shares of Dollar General from $102.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, January 9th. Gordon Haskett downgraded shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $85.00 price target on shares of Dollar General in a research report on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $92.26.

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.