Dollar General Co. (NYSE:DG) Shares Bought by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC grew its holdings in shares of Dollar General Co. (NYSE:DG) by 40.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,449 shares of the company’s stock after buying an additional 15,806 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Dollar General were worth $4,605,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Capital International Investors increased its position in shares of Dollar General by 11.3% during the 1st quarter. Capital International Investors now owns 20,790,023 shares of the company’s stock valued at $3,244,491,000 after purchasing an additional 2,113,485 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Dollar General by 11.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,217,480 shares of the company’s stock valued at $3,155,141,000 after purchasing an additional 2,031,593 shares during the period. Pzena Investment Management LLC purchased a new stake in shares of Dollar General in the first quarter valued at $301,738,000. Point72 Asset Management L.P. grew its holdings in shares of Dollar General by 148.6% during the second quarter. Point72 Asset Management L.P. now owns 1,280,020 shares of the company’s stock valued at $169,257,000 after buying an additional 765,206 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in Dollar General by 319.6% during the second quarter. The Manufacturers Life Insurance Company now owns 925,083 shares of the company’s stock valued at $122,324,000 after buying an additional 704,639 shares during the period. 91.77% of the stock is owned by institutional investors.

Dollar General Trading Up 0.5 %

Shares of Dollar General stock opened at $81.41 on Friday. The company has a market cap of $17.90 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 2.42 and a beta of 0.44. Dollar General Co. has a 1 year low of $77.96 and a 1 year high of $168.07. The company’s fifty day simple moving average is $91.23 and its 200-day simple moving average is $118.19. The company has a current ratio of 1.22, a quick ratio of 0.24 and a debt-to-equity ratio of 0.86.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, August 29th. The company reported $1.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.09). The company had revenue of $10.21 billion during the quarter, compared to analyst estimates of $10.37 billion. Dollar General had a return on equity of 20.62% and a net margin of 3.57%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.13 earnings per share. As a group, sell-side analysts expect that Dollar General Co. will post 5.86 EPS for the current year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $2.36 annualized dividend and a yield of 2.90%. Dollar General’s dividend payout ratio (DPR) is 34.35%.

Insider Buying and Selling at Dollar General

In other news, EVP Steven R. Deckard sold 2,010 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $86.66, for a total transaction of $174,186.60. Following the sale, the executive vice president now directly owns 2,887 shares in the company, valued at approximately $250,187.42. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, EVP Steven R. Deckard sold 2,010 shares of Dollar General stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $86.66, for a total transaction of $174,186.60. Following the sale, the executive vice president now directly owns 2,887 shares in the company, valued at approximately $250,187.42. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Warren F. Bryant purchased 500 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were acquired at an average price of $80.40 per share, with a total value of $40,200.00. Following the purchase, the director now owns 41,030 shares of the company’s stock, valued at approximately $3,298,812. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.49% of the company’s stock.

Analysts Set New Price Targets

DG has been the subject of a number of research analyst reports. Sanford C. Bernstein started coverage on shares of Dollar General in a research report on Tuesday. They issued an “outperform” rating and a $98.00 price target for the company. UBS Group lowered their price target on shares of Dollar General from $155.00 to $108.00 and set a “buy” rating on the stock in a report on Friday, August 30th. The Goldman Sachs Group cut their price objective on Dollar General from $169.00 to $122.00 and set a “buy” rating for the company in a report on Friday, August 30th. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a research note on Friday, August 30th. Finally, Citigroup downgraded Dollar General from a “neutral” rating to a “sell” rating and cut their price target for the stock from $91.00 to $73.00 in a research note on Friday, September 27th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $107.84.

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.