2,873 Shares in Dollar General Co. (NYSE:DG) Bought by First Hawaiian Bank

First Hawaiian Bank acquired a new stake in shares of Dollar General Co. (NYSE:DG) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,873 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds have also recently bought and sold shares of DG. Oppenheimer Asset Management Inc. grew its position in Dollar General by 85.7% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 58,107 shares of the company’s stock worth $7,683,000 after purchasing an additional 26,813 shares in the last quarter. 1834 Investment Advisors Co. bought a new position in shares of Dollar General in the third quarter valued at approximately $5,650,000. Lecap Asset Management Ltd. grew its holdings in shares of Dollar General by 231.6% in the third quarter. Lecap Asset Management Ltd. now owns 37,462 shares of the company’s stock valued at $3,168,000 after acquiring an additional 26,165 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Dollar General by 62.9% during the third quarter. Victory Capital Management Inc. now owns 166,574 shares of the company’s stock valued at $14,087,000 after acquiring an additional 64,336 shares during the last quarter. Finally, Kiltearn Partners LLP bought a new stake in Dollar General during the second quarter worth $9,587,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Dollar General

In other Dollar General news, Director Michael M. Calbert sold 6,000 shares of the company’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total transaction of $451,620.00. Following the completion of the sale, the director now directly owns 120,322 shares in the company, valued at $9,056,636.94. This represents a 4.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $77.44, for a total value of $367,065.60. Following the completion of the transaction, the executive vice president now owns 15,575 shares in the company, valued at approximately $1,206,128. This represents a 23.33 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by insiders.

Dollar General Stock Down 0.3 %

DG stock opened at $71.39 on Friday. Dollar General Co. has a 1-year low of $70.15 and a 1-year high of $168.07. The stock has a market cap of $15.70 billion, a price-to-earnings ratio of 11.76, a price-to-earnings-growth ratio of 2.37 and a beta of 0.44. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The company’s 50 day moving average is $76.51 and its 200 day moving average is $93.71.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.08). Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company had revenue of $10.18 billion for the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter last year, the business posted $1.26 EPS. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. Sell-side analysts predict that Dollar General Co. will post 5.77 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Tuesday, January 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, January 7th. This represents a $2.36 annualized dividend and a dividend yield of 3.31%. Dollar General’s dividend payout ratio (DPR) is presently 38.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group decreased their target price 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. Melius Research started coverage on shares of Dollar General in a research note on Monday, September 23rd. They issued a “hold” rating and a $85.00 target price on the stock. Sanford C. Bernstein initiated coverage on shares of Dollar General in a research note on Tuesday, October 22nd. They set an “outperform” rating and a $98.00 price target for the company. HSBC dropped their price objective on Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a research note on Friday, November 15th. Finally, Telsey Advisory Group lowered their target price on Dollar General from $103.00 to $90.00 and set a “market perform” rating on the stock in a research note on Monday, December 2nd. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently 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.