Dollar General Co. (NYSE:DG) is Semper Augustus Investments Group LLC’s 3rd Largest Position

Semper Augustus Investments Group LLC decreased its holdings in shares of Dollar General Co. (NYSE:DG) by 29.0% during the fourth quarter, HoldingsChannel reports. The firm owned 611,529 shares of the company’s stock after selling 249,663 shares during the period. Dollar General comprises 8.3% of Semper Augustus Investments Group LLC’s portfolio, making the stock its 3rd largest holding. Semper Augustus Investments Group LLC’s holdings in Dollar General were worth $46,366,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Rafferty Asset Management LLC raised its position in shares of Dollar General by 10.2% in the 4th quarter. Rafferty Asset Management LLC now owns 24,285 shares of the company’s stock worth $1,841,000 after acquiring an additional 2,252 shares in the last quarter. Raiffeisen Bank International AG purchased a new stake in shares of Dollar General during the fourth quarter valued at about $89,000. Point72 Hong Kong Ltd purchased a new stake in shares of Dollar General during the fourth quarter valued at about $735,000. Polar Asset Management Partners Inc. bought a new stake in shares of Dollar General in the 4th quarter valued at about $5,004,000. Finally, Quantinno Capital Management LP grew its position in shares of Dollar General by 104.0% in the 4th quarter. Quantinno Capital Management LP now owns 14,100 shares of the company’s stock worth $1,069,000 after buying an additional 7,189 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

NYSE DG opened at $92.82 on Friday. The firm has a market capitalization of $20.42 billion, a P/E ratio of 15.29, a PEG ratio of 2.18 and a beta of 0.27. The stock has a 50-day simple moving average of $88.51 and a two-hundred day simple moving average of $79.85. 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 Co. has a fifty-two week low of $66.43 and a fifty-two week high of $147.87.

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

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend was Tuesday, April 8th. Dollar General’s dividend payout ratio is currently 46.18%.

Analysts Set New Price Targets

DG has been the subject of a number of analyst reports. Piper Sandler increased their target price on shares of Dollar General from $79.00 to $81.00 and gave the company a “neutral” rating in a research report on Friday, March 14th. Bank of America dropped their target price on Dollar General from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, March 14th. Truist Financial increased their price target on Dollar General from $76.00 to $93.00 and gave the company a “hold” rating in a research note on Tuesday, April 8th. Melius Research raised Dollar General from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $80.00 price objective (down previously from $90.00) on shares of Dollar General in a report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $95.16.

Insider Buying and Selling

In other news, EVP Emily C. Taylor sold 809 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $94.72, for a total transaction of $76,628.48. Following the transaction, the executive vice president now owns 48,532 shares in the company, valued at $4,596,951.04. This trade represents a 1.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.56% of the stock is currently owned by insiders.

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.