Laurel Wealth Advisors LLC lifted its position in Dollar General Corp. (NYSE:DG) by 0.7% in the first quarter, HoldingsChannel.com reports. The firm owned 20,824 shares of the company’s stock after buying an additional 150 shares during the period. Laurel Wealth Advisors LLC’s holdings in Dollar General were worth $2,484,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc boosted its stake in Dollar General by 2.0% during the third quarter. Vanguard Group Inc now owns 19,201,573 shares of the company’s stock worth $2,098,732,000 after buying an additional 370,008 shares during the period. Capital Investment Advisory Services LLC acquired a new stake in shares of Dollar General during the fourth quarter worth about $68,000. Icon Advisers Inc. Co. lifted its position in shares of Dollar General by 12.8% during the fourth quarter. Icon Advisers Inc. Co. now owns 14,100 shares of the company’s stock worth $1,524,000 after purchasing an additional 1,600 shares in the last quarter. WINTON GROUP Ltd lifted its position in shares of Dollar General by 3.6% during the fourth quarter. WINTON GROUP Ltd now owns 133,706 shares of the company’s stock worth $14,451,000 after purchasing an additional 4,701 shares in the last quarter. Finally, TD Asset Management Inc. lifted its position in shares of Dollar General by 40.8% during the first quarter. TD Asset Management Inc. now owns 1,195,908 shares of the company’s stock worth $142,672,000 after purchasing an additional 346,263 shares in the last quarter. 96.50% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:DG opened at $121.96 on Friday. The company has a market capitalization of $31.61 billion, a P/E ratio of 20.43, a PEG ratio of 1.52 and a beta of 0.72. Dollar General Corp. has a fifty-two week low of $86.87 and a fifty-two week high of $126.84. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.19 and a current ratio of 1.55.

Dollar General (NYSE:DG) last issued 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 was up 8.5% compared to the same quarter last year. During the same period last year, the business earned $1.48 EPS. As a group, analysts predict that Dollar General Corp. will post 6.42 earnings per share for the current fiscal year.

In other Dollar General news, EVP Robert D. Ravener sold 38,659 shares of the firm’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $119.84, for a total transaction of $4,632,894.56. Following the sale, the executive vice president now owns 39,739 shares of the company’s stock, valued at $4,762,321.76. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Robert D. Ravener sold 78,987 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $117.78, for a total transaction of $9,303,088.86. Following the sale, the executive vice president now directly owns 62,434 shares in the company, valued at approximately $7,353,476.52. The disclosure for this sale can be found here. In the last ninety days, insiders sold 143,255 shares of company stock worth $17,037,351. 0.55% of the stock is owned by corporate insiders.

Several brokerages have recently issued reports on DG. Oppenheimer increased their price target on shares of Dollar General from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, March 4th. Bank of America set a $133.00 price target on shares of Dollar General and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Citigroup increased their price target on shares of Dollar General from $120.00 to $144.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Deutsche Bank cut shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Thursday, February 28th. They noted that the move was a valuation call. Finally, Evercore ISI began coverage on shares of Dollar General in a research report on Wednesday, March 20th. They set an “underperform” rating and a $95.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $123.35.

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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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