First National Trust Co Has $962,000 Stake in Dollar General Co. (NYSE:DG)

First National Trust Co decreased its holdings in shares of Dollar General Co. (NYSE:DG) by 76.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 7,078 shares of the company’s stock after selling 23,223 shares during the period. First National Trust Co’s holdings in Dollar General were worth $962,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Lindbrook Capital LLC boosted its holdings in Dollar General by 12.3% during the third quarter. Lindbrook Capital LLC now owns 785 shares of the company’s stock worth $83,000 after purchasing an additional 86 shares during the last quarter. ORG Partners LLC raised its position in shares of Dollar General by 13.2% in the 4th quarter. ORG Partners LLC now owns 754 shares of the company’s stock valued at $103,000 after buying an additional 88 shares in the last quarter. Horrell Capital Management Inc. lifted its stake in Dollar General by 0.3% during the fourth quarter. Horrell Capital Management Inc. now owns 29,224 shares of the company’s stock worth $3,973,000 after purchasing an additional 94 shares during the last quarter. MV Capital Management Inc. boosted its stake in Dollar General by 78.0% in the fourth quarter. MV Capital Management Inc. now owns 219 shares of the company’s stock valued at $30,000 after buying an additional 96 shares in the last quarter. Finally, Resonant Capital Advisors LLC grew its holdings in shares of Dollar General by 0.7% during the 3rd quarter. Resonant Capital Advisors LLC now owns 13,796 shares of the company’s stock valued at $1,460,000 after purchasing an additional 98 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Insiders Place Their Bets

In other news, Director Ralph Santana sold 3,009 shares of the business’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of $155.72, for a total transaction of $468,561.48. Following the completion of the sale, the director now directly owns 3,248 shares of the company’s stock, valued at $505,778.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Dollar General news, Director Ralph Santana sold 3,009 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total transaction of $468,561.48. Following the transaction, the director now directly owns 3,248 shares in the company, valued at approximately $505,778.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Carman R. Wenkoff sold 5,909 shares of the company’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $162.23, for a total value of $958,617.07. Following the completion of the sale, the executive vice president now owns 28,579 shares of the company’s stock, valued at $4,636,371.17. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

DG has been the subject of a number of research reports. Piper Sandler reiterated a “neutral” rating and issued a $147.00 price objective (up previously from $127.00) on shares of Dollar General in a report on Friday, March 15th. StockNews.com raised Dollar General from a “sell” rating to a “hold” rating in a research note on Wednesday, February 14th. Raymond James raised their target price on Dollar General from $150.00 to $165.00 and gave the company an “outperform” rating in a research report on Friday, March 15th. Morgan Stanley upped their price objective on shares of Dollar General from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Friday, March 15th. Finally, The Goldman Sachs Group boosted their price objective on shares of Dollar General from $147.00 to $169.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Fifteen research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, Dollar General has an average rating of “Hold” and an average price target of $153.08.

Dollar General Trading Up 0.2 %

DG stock traded up $0.34 during mid-day trading on Friday, reaching $137.49. 2,268,787 shares of the stock traded hands, compared to its average volume of 1,959,535. Dollar General Co. has a one year low of $101.09 and a one year high of $221.50. The stock has a market capitalization of $30.20 billion, a PE ratio of 18.19, a PEG ratio of 2.46 and a beta of 0.44. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.15 and a current ratio of 1.19. The business has a 50-day moving average price of $150.07 and a two-hundred day moving average price of $136.55.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 14th. The company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.74 by $0.09. The company had revenue of $9.86 billion for the quarter, compared to the consensus estimate of $9.77 billion. Dollar General had a net margin of 4.29% and a return on equity of 26.13%. The firm’s revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.96 EPS. Equities research analysts expect that Dollar General Co. will post 7.28 EPS for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.72%. The ex-dividend date was Monday, April 8th. Dollar General’s dividend payout ratio (DPR) is presently 31.22%.

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.