Crossmark Global Holdings Inc. Reduces Stock Holdings in Dollar General Corp. (NYSE:DG)

Crossmark Global Holdings Inc. reduced its stake in shares of Dollar General Corp. (NYSE:DG) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,142 shares of the company’s stock after selling 2,748 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Dollar General were worth $3,922,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Hudock Capital Group LLC purchased a new stake in shares of Dollar General during the 3rd quarter valued at about $28,000. CFM Wealth Partners LLC purchased a new stake in shares of Dollar General during the 4th quarter valued at about $29,000. San Francisco Sentry Investment Group CA raised its holdings in shares of Dollar General by 41.4% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 222 shares of the company’s stock valued at $35,000 after buying an additional 65 shares during the period. Prestige Wealth Management Group LLC raised its holdings in shares of Dollar General by 346.2% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 290 shares of the company’s stock valued at $46,000 after buying an additional 225 shares during the period. Finally, Whittier Trust Co. raised its holdings in shares of Dollar General by 68.6% during the 4th quarter. Whittier Trust Co. now owns 295 shares of the company’s stock valued at $46,000 after buying an additional 120 shares during the period. Institutional investors and hedge funds own 92.15% of the company’s stock.

Shares of NYSE DG opened at $158.03 on Friday. Dollar General Corp. has a twelve month low of $108.74 and a twelve month high of $166.98. The company has a current ratio of 1.12, a quick ratio of 0.13 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $40.70 billion, a price-to-earnings ratio of 24.67, a price-to-earnings-growth ratio of 1.83 and a beta of 0.48. The business has a 50 day simple moving average of $155.61 and a 200-day simple moving average of $154.16.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, December 5th. The company reported $1.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.04. Dollar General had a return on equity of 25.53% and a net margin of 6.09%. The business had revenue of $6.99 billion during the quarter, compared to the consensus estimate of $6.89 billion. During the same period in the previous year, the business earned $1.26 EPS. The business’s quarterly revenue was up 8.9% on a year-over-year basis. As a group, equities analysts predict that Dollar General Corp. will post 6.65 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, January 7th were issued a $0.32 dividend. The ex-dividend date of this dividend was Monday, January 6th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.81%. Dollar General’s dividend payout ratio (DPR) is 21.44%.

DG has been the topic of several analyst reports. Wells Fargo & Co restated a “hold” rating on shares of Dollar General in a report on Monday, December 9th. Guggenheim restated a “buy” rating and set a $165.00 price objective on shares of Dollar General in a report on Monday, December 2nd. Telsey Advisory Group lifted their price objective on Dollar General from $168.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Morgan Stanley lifted their price objective on Dollar General from $170.00 to $174.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. Finally, Zacks Investment Research downgraded Dollar General from a “buy” rating to a “hold” rating and set a $164.00 price objective on the stock. in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $162.95.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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