Semanteon Capital Management LP Has $1.15 Million Stock Holdings in Dollar General Co. (NYSE:DG)

Semanteon Capital Management LP boosted its stake in shares of Dollar General Co. (NYSE:DG) by 225.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,109 shares of the company’s stock after purchasing an additional 10,468 shares during the period. Semanteon Capital Management LP’s holdings in Dollar General were worth $1,146,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Whittier Trust Co. of Nevada Inc. boosted its position in Dollar General by 3.2% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 57,157 shares of the company’s stock valued at $4,333,000 after purchasing an additional 1,777 shares during the last quarter. Whittier Trust Co. raised its stake in Dollar General by 1.3% in the fourth quarter. Whittier Trust Co. now owns 100,701 shares of the company’s stock valued at $7,634,000 after buying an additional 1,302 shares during the period. Magnetar Financial LLC bought a new stake in Dollar General in the fourth quarter valued at approximately $370,000. Kazazian Asset Management LLC bought a new stake in Dollar General in the fourth quarter valued at approximately $1,024,000. Finally, Platinum Investment Management Ltd. bought a new stake in Dollar General in the fourth quarter valued at approximately $87,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on DG shares. Truist Financial dropped their price objective on Dollar General from $94.00 to $83.00 and set a “hold” rating on the stock in a research note on Friday, December 6th. The Goldman Sachs Group dropped their price objective on Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. Barclays dropped their price objective on Dollar General from $102.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 9th. Gordon Haskett lowered Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Morgan Stanley lowered their target price on 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. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Dollar General has an average rating of “Hold” and an average price target of $92.26.

Dollar General Trading Down 0.7 %

Shares of DG stock opened at $81.73 on Friday. The stock’s fifty day moving average price is $74.33 and its two-hundred day moving average price is $77.76. The company has a market cap of $17.97 billion, a PE ratio of 13.46, a P/E/G ratio of 2.18 and a beta of 0.44. Dollar General Co. has a fifty-two week low of $66.43 and a fifty-two week 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, beating analysts’ consensus estimates of $1.51 by $0.17. The firm had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.26 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.83 EPS. Equities analysts predict that Dollar General Co. will post 5.75 EPS for the current fiscal 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 dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General’s dividend payout ratio (DPR) is 46.18%.

Insider Activity at Dollar General

In related news, Director Michael M. Calbert sold 6,000 shares of the firm’s stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the completion of the transaction, the director now directly owns 120,322 shares of the company’s stock, valued at $9,056,636.94. This trade represents a 4.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.49% of the stock is currently owned by company insiders.

Dollar General Company 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.