Aviso Financial Inc. Raises Holdings in Dollar General Co. (NYSE:DG)

Aviso Financial Inc. grew its holdings in shares of Dollar General Co. (NYSE:DG) by 44,017.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,500 shares of the company’s stock after purchasing an additional 7,483 shares during the quarter. Aviso Financial Inc.’s holdings in Dollar General were worth $569,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Thompson Siegel & Walmsley LLC grew its stake in Dollar General by 28.4% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 405,745 shares of the company’s stock valued at $30,764,000 after acquiring an additional 89,702 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Dollar General by 148.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 155,373 shares of the company’s stock valued at $11,780,000 after purchasing an additional 92,944 shares in the last quarter. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of Dollar General by 89.5% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 83,162 shares of the company’s stock valued at $6,295,000 after purchasing an additional 39,288 shares during the last quarter. Erste Asset Management GmbH purchased a new position in Dollar General during the fourth quarter worth approximately $49,198,000. Finally, Achmea Investment Management B.V. boosted its stake in Dollar General by 10.6% during the fourth quarter. Achmea Investment Management B.V. now owns 18,996 shares of the company’s stock worth $1,440,000 after buying an additional 1,819 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

DG has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $80.00 price target (down previously from $90.00) on shares of Dollar General in a report on Monday, March 3rd. Morgan Stanley reduced their target price on shares of Dollar General from $100.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Telsey Advisory Group reissued a “market perform” rating and issued a $85.00 price target on shares of Dollar General in a research note on Thursday. UBS Group reduced their price target on shares of Dollar General from $108.00 to $95.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. Finally, Gordon Haskett cut Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and a consensus price target of $92.26.

Insider Buying and Selling at Dollar General

In other Dollar General news, Director Michael M. Calbert sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total value of $451,620.00. Following the transaction, the director now owns 120,322 shares in the company, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.49% of the stock is owned by company insiders.

Dollar General Stock Down 1.0 %

Shares of Dollar General stock opened at $79.15 on Friday. The company has a market cap of $17.41 billion, a P/E ratio of 13.04, a PEG ratio of 2.18 and a beta of 0.44. The firm has a fifty day moving average of $73.69 and a two-hundred day moving average of $78.39. Dollar General Co. has a one year low of $66.43 and a one year high of $164.12. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15.

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 business 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 quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the company posted $1.83 EPS. On average, analysts forecast that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th will be issued a $0.59 dividend. The ex-dividend date is Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.98%. Dollar General’s dividend payout ratio (DPR) is presently 46.18%.

Dollar General Profile

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.