Mutual of America Capital Management LLC boosted its position in shares of Dollar General Corp. (NYSE:DG) by 2.8% in the fourth quarter, Holdings Channel reports. The fund owned 31,159 shares of the company’s stock after purchasing an additional 852 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Dollar General were worth $2,898,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Van Den Berg Management I Inc. increased its position in Dollar General by 45.3% during the third quarter. Van Den Berg Management I Inc. now owns 170,261 shares of the company’s stock valued at $13,800,000 after acquiring an additional 53,105 shares during the last quarter. Parsec Financial Management Inc. increased its position in Dollar General by 11.9% during the third quarter. Parsec Financial Management Inc. now owns 40,590 shares of the company’s stock valued at $3,290,000 after acquiring an additional 4,312 shares during the last quarter. Jackson Square Partners LLC increased its position in Dollar General by 12.3% during the third quarter. Jackson Square Partners LLC now owns 3,785,080 shares of the company’s stock valued at $306,780,000 after acquiring an additional 415,584 shares during the last quarter. Venturi Wealth Management LLC increased its position in Dollar General by 33.3% during the third quarter. Venturi Wealth Management LLC now owns 8,000 shares of the company’s stock valued at $655,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Washington Capital Management Inc. purchased a new stake in Dollar General during the fourth quarter valued at $344,000. Institutional investors own 90.29% of the company’s stock.
In related news, SVP Anita C. Elliott sold 2,012 shares of the stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $92.82, for a total transaction of $186,753.84. Following the completion of the sale, the senior vice president now owns 14,969 shares in the company, valued at $1,389,422.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Michael J. Kindy sold 7,536 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $90.64, for a total value of $683,063.04. Following the transaction, the senior vice president now directly owns 7,578 shares of the company’s stock, valued at $686,869.92. The disclosure for this sale can be found here. Insiders have sold 20,916 shares of company stock valued at $1,924,881 in the last quarter. 0.22% of the stock is currently owned by company insiders.
Shares of Dollar General Corp. (NYSE:DG) opened at $98.26 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.19 and a current ratio of 1.41. Dollar General Corp. has a 1 year low of $65.97 and a 1 year high of $105.82. The stock has a market capitalization of $26,683.88, a PE ratio of 21.36, a P/E/G ratio of 1.63 and a beta of 1.00.
Dollar General (NYSE:DG) last released its earnings results on Thursday, December 7th. The company reported $0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by ($0.01). Dollar General had a return on equity of 22.58% and a net margin of 5.31%. The business had revenue of $5.90 billion for the quarter, compared to analysts’ expectations of $5.80 billion. During the same quarter in the prior year, the business posted $0.89 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. analysts forecast that Dollar General Corp. will post 4.5 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Monday, January 8th. Dollar General’s dividend payout ratio is currently 23.01%.
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About Dollar General
Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.
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