Twin Lions Management LLC Acquires Shares of 205,406 Dollar General Co. (NYSE:DG)

Twin Lions Management LLC purchased a new position in shares of Dollar General Co. (NYSE:DG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 205,406 shares of the company’s stock, valued at approximately $15,574,000. Dollar General comprises approximately 15.1% of Twin Lions Management LLC’s investment portfolio, making the stock its 3rd largest holding. Twin Lions Management LLC owned about 0.09% of Dollar General as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of DG. IMG Wealth Management Inc. acquired a new stake in Dollar General during the fourth quarter worth about $25,000. Altshuler Shaham Ltd acquired a new position in Dollar General during the 4th quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB bought a new stake in Dollar General in the third quarter valued at $33,000. Providence First Trust Co bought a new position in shares of Dollar General during the fourth quarter worth about $33,000. Finally, Bogart Wealth LLC lifted its position in Dollar General by 279.8% in the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 361 shares during the last quarter. 91.77% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Emily C. Taylor sold 809 shares of the firm’s stock in a transaction on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the transaction, the executive vice president now directly owns 48,532 shares in the company, valued at approximately $4,596,951.04. This trade represents a 1.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.49% of the company’s stock.

Dollar General Stock Up 2.8 %

DG stock opened at $95.69 on Tuesday. The company has a 50 day moving average of $82.55 and a two-hundred day moving average of $78.51. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $147.87. The company has a market cap of $21.05 billion, a price-to-earnings ratio of 15.76, a PEG ratio of 2.18 and a beta of 0.40.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, March 13th. The company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.17. The company had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.26 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The business’s revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.83 EPS. On average, equities analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General’s payout ratio is 46.18%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Gordon Haskett cut Dollar General from a “hold” rating to a “reduce” rating in a report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $80.00 price target (down previously from $90.00) on shares of Dollar General in a research note on Monday, March 3rd. UBS Group cut their price objective on shares of Dollar General from $108.00 to $95.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Melius Research raised shares of Dollar General from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 8th. Finally, The Goldman Sachs Group reduced their price target on shares of Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Dollar General has a consensus rating of “Hold” and an average price target of $94.75.

About Dollar General

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.