26,617 Shares in Dollar General Co. (NYSE:DG) Bought by Leibman Financial Services Inc.

Leibman Financial Services Inc. acquired a new position in Dollar General Co. (NYSE:DG) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 26,617 shares of the company’s stock, valued at approximately $2,018,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DG. Oppenheimer Asset Management Inc. increased its holdings in Dollar General by 85.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 58,107 shares of the company’s stock valued at $7,683,000 after buying an additional 26,813 shares during the last quarter. 1834 Investment Advisors Co. bought a new stake in Dollar General in the third quarter valued at $5,650,000. Lecap Asset Management Ltd. grew its position in shares of Dollar General by 231.6% during the third quarter. Lecap Asset Management Ltd. now owns 37,462 shares of the company’s stock worth $3,168,000 after acquiring an additional 26,165 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Dollar General by 62.9% in the 3rd quarter. Victory Capital Management Inc. now owns 166,574 shares of the company’s stock worth $14,087,000 after buying an additional 64,336 shares in the last quarter. Finally, Kiltearn Partners LLP bought a new stake in shares of Dollar General during the second quarter valued at about $9,587,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Trading Up 0.3 %

Shares of DG stock opened at $71.58 on Tuesday. The company has a market cap of $15.74 billion, a P/E ratio of 11.79, a PEG ratio of 2.29 and a beta of 0.44. Dollar General Co. has a fifty-two week low of $70.15 and a fifty-two week high of $168.07. The stock has a 50 day simple moving average of $76.30 and a two-hundred day simple moving average of $93.05. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, December 5th. The company reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). The firm had revenue of $10.18 billion during the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.26 earnings per share. Research analysts forecast that Dollar General Co. will post 5.76 earnings per share for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, January 7th. This represents a $2.36 annualized dividend and a dividend yield of 3.30%. Dollar General’s dividend payout ratio is currently 38.88%.

Insider Buying and Selling at Dollar General

In other news, EVP Emily C. Taylor sold 4,740 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $77.44, for a total transaction of $367,065.60. Following the completion of the transaction, the executive vice president now directly owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. This represents a 23.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael M. Calbert sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 31st. The shares were 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 owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. The trade was a 4.75 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company’s stock.

Wall Street Analysts Forecast Growth

DG has been the subject of several research analyst reports. HSBC cut their price objective on Dollar General from $100.00 to $88.00 and set a “hold” rating for the company in a report on Friday, November 15th. Jefferies Financial Group reduced their price target on Dollar General from $110.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, November 15th. JPMorgan Chase & Co. lowered their target price on shares of Dollar General from $97.00 to $82.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Gordon Haskett raised shares of Dollar General from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. Finally, Citigroup lowered shares of Dollar General from a “neutral” rating to a “sell” rating and lowered their price target for the company from $91.00 to $73.00 in a report on Friday, September 27th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Dollar General has a consensus rating of “Hold” and a consensus target price of $98.18.

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.