WINTON GROUP Ltd raised its stake in Dollar General Corporation (NYSE:DG – Free Report) by 32.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 21,520 shares of the company’s stock after acquiring an additional 5,293 shares during the period. WINTON GROUP Ltd’s holdings in Dollar General were worth $2,224,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in DG. Vanguard Group Inc. increased its position in shares of Dollar General by 0.3% during the third quarter. Vanguard Group Inc. now owns 26,896,503 shares of the company’s stock worth $2,779,754,000 after acquiring an additional 78,854 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Dollar General by 116.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock valued at $310,538,000 after acquiring an additional 1,458,093 shares in the last quarter. Baupost Group LLC MA lifted its position in Dollar General by 26.7% in the 2nd quarter. Baupost Group LLC MA now owns 2,666,876 shares of the company’s stock valued at $305,037,000 after acquiring an additional 562,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Dollar General by 31.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,596,250 shares of the company’s stock worth $268,313,000 after purchasing an additional 614,373 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Dollar General by 4.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,778,479 shares of the company’s stock worth $203,422,000 after purchasing an additional 70,588 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.
Analyst Upgrades and Downgrades
DG has been the topic of several recent research reports. Wall Street Zen raised Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. BMO Capital Markets increased their price objective on Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Truist Financial set a $144.00 target price on Dollar General in a research report on Friday, January 16th. Telsey Advisory Group restated a “market perform” rating and issued a $130.00 target price on shares of Dollar General in a research note on Monday. Finally, BNP Paribas Exane upped their price target on Dollar General from $118.00 to $127.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $146.15.
Insider Buying and Selling at Dollar General
In other Dollar General news, CAO Anita C. Elliott sold 2,516 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $132.52, for a total transaction of $333,420.32. Following the transaction, the chief accounting officer owned 29,344 shares of the company’s stock, valued at $3,888,666.88. The trade was a 7.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Bryan D. Wheeler sold 9,776 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $135.32, for a total value of $1,322,888.32. Following the sale, the executive vice president owned 22,295 shares in the company, valued at approximately $3,016,959.40. This represents a 30.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 46,090 shares of company stock valued at $6,139,634 in the last ninety days. Insiders own 0.56% of the company’s stock.
Dollar General Trading Up 0.5%
Dollar General stock opened at $146.22 on Wednesday. The company has a market cap of $32.19 billion, a price-to-earnings ratio of 25.25, a P/E/G ratio of 2.40 and a beta of 0.23. The firm has a 50-day moving average of $147.51 and a 200-day moving average of $123.25. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. Dollar General Corporation has a one year low of $74.67 and a one year high of $158.23.
Dollar General Profile
Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.
Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.
Featured Articles
- Five stocks we like better than Dollar General
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Corporation (NYSE:DG – Free Report).
Receive News & Ratings for Dollar General Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General and related companies with MarketBeat.com's FREE daily email newsletter.
