Willingdon Wealth Management boosted its holdings in Dollar General Corp. (NYSE:DG) by 2.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,003 shares of the company’s stock after purchasing an additional 857 shares during the quarter. Dollar General comprises approximately 1.0% of Willingdon Wealth Management’s portfolio, making the stock its 29th biggest position. Willingdon Wealth Management’s holdings in Dollar General were worth $4,057,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DG. WESPAC Advisors SoCal LLC purchased a new stake in shares of Dollar General during the fourth quarter worth approximately $30,000. Whittier Trust Co. raised its stake in shares of Dollar General by 66.3% during the fourth quarter. Whittier Trust Co. now owns 291 shares of the company’s stock worth $31,000 after purchasing an additional 116 shares during the last quarter. Penserra Capital Management LLC purchased a new stake in shares of Dollar General during the first quarter worth approximately $39,000. We Are One Seven LLC purchased a new stake in shares of Dollar General during the fourth quarter worth approximately $35,000. Finally, Cornerstone Advisors Inc. raised its stake in shares of Dollar General by 37.9% during the first quarter. Cornerstone Advisors Inc. now owns 371 shares of the company’s stock worth $44,000 after purchasing an additional 102 shares during the last quarter. 96.50% of the stock is owned by hedge funds and other institutional investors.

Dollar General stock traded up $0.68 during trading hours on Friday, hitting $121.32. The stock had a trading volume of 18,631 shares, compared to its average volume of 1,596,924. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.19 and a current ratio of 1.55. The firm has a market capitalization of $31.53 billion, a price-to-earnings ratio of 20.32, a price-to-earnings-growth ratio of 1.52 and a beta of 0.72. Dollar General Corp. has a 1-year low of $86.87 and a 1-year high of $126.84.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, March 14th. The company reported $1.84 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.89 by ($0.05). The firm had revenue of $6.65 billion during the quarter, compared to analyst estimates of $6.61 billion. Dollar General had a net margin of 6.20% and a return on equity of 25.04%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the company posted $1.48 EPS. As a group, sell-side analysts forecast that Dollar General Corp. will post 6.42 EPS for the current fiscal year.

Several research firms have recently commented on DG. JPMorgan Chase & Co. upped their price target on Dollar General from $121.00 to $133.00 and gave the stock an “overweight” rating in a research note on Friday, April 5th. Zacks Investment Research upgraded Dollar General from a “hold” rating to a “buy” rating and set a $134.00 price objective for the company in a research report on Wednesday. Morgan Stanley increased their price objective on Dollar General from $118.00 to $129.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 24th. Raymond James set a $127.00 price objective on Dollar General and gave the stock a “buy” rating in a research report on Tuesday, February 26th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $126.00 price objective on shares of Dollar General in a research report on Thursday, March 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eighteen have assigned a buy rating to the company. Dollar General has an average rating of “Buy” and a consensus target price of $123.35.

In other Dollar General news, EVP Rhonda Taylor sold 16,636 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $119.64, for a total value of $1,990,331.04. Following the sale, the executive vice president now owns 33,513 shares of the company’s stock, valued at $4,009,495.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robert D. Ravener sold 8,973 shares of the company’s stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of $123.82, for a total value of $1,111,036.86. Following the completion of the sale, the executive vice president now directly owns 17,794 shares in the company, valued at approximately $2,203,253.08. The disclosure for this sale can be found here. Insiders sold 143,255 shares of company stock worth $17,037,351 in the last three months. 0.55% of the stock is owned by corporate insiders.

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Dollar General Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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