Peterson Wealth Services increased its stake in Dollar General Co. (NYSE:DG – Get Rating) by 0.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,275 shares of the company's stock after acquiring an additional 103 shares during the period. Dollar General comprises approximately 1.6% of Peterson Wealth Services' portfolio, making the stock its 17th largest position. Peterson Wealth Services' holdings in Dollar General were worth $2,776,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Alliancebernstein L.P. raised its stake in shares of Dollar General by 333.3% during the third quarter. Alliancebernstein L.P. now owns 1,422,409 shares of the company's stock valued at $341,179,000 after acquiring an additional 1,094,109 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Dollar General by 256.1% during the third quarter. Marshall Wace LLP now owns 829,302 shares of the company's stock valued at $198,916,000 after acquiring an additional 596,393 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of Dollar General by 130.2% during the second quarter. Prudential Financial Inc. now owns 460,390 shares of the company's stock valued at $113,001,000 after acquiring an additional 260,371 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of Dollar General by 82.5% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 505,728 shares of the company's stock valued at $124,129,000 after acquiring an additional 228,681 shares during the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Dollar General by 779.9% during the third quarter. SG Americas Securities LLC now owns 239,589 shares of the company's stock valued at $57,468,000 after acquiring an additional 212,360 shares during the last quarter. 90.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Telsey Advisory Group reaffirmed an "outperform" rating and set a $242.00 price objective on shares of Dollar General in a research note on Friday, March 17th. Oppenheimer upped their price objective on shares of Dollar General from $275.00 to $285.00 and gave the company an "outperform" rating in a research note on Monday, November 28th. Wells Fargo & Company decreased their price target on shares of Dollar General from $275.00 to $245.00 in a research note on Friday, March 17th. JPMorgan Chase & Co. reissued a "focus list" rating and issued a $242.00 price target (down from $289.00) on shares of Dollar General in a research note on Thursday, January 19th. Finally, Piper Sandler decreased their price target on shares of Dollar General from $288.00 to $275.00 and set an "overweight" rating for the company in a research note on Tuesday, February 28th. Seven research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Dollar General presently has a consensus rating of "Moderate Buy" and an average price target of $248.75.

Insider Activity

In other news, Director Warren F. Bryant sold 1,951 shares of the stock in a transaction that occurred on Wednesday, January 4th. The shares were sold at an average price of $243.93, for a total transaction of $475,907.43. Following the sale, the director now owns 38,269 shares in the company, valued at $9,334,957.17. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, Director Warren F. Bryant sold 1,951 shares of the firm's stock in a transaction that occurred on Wednesday, January 4th. The shares were sold at an average price of $243.93, for a total value of $475,907.43. Following the sale, the director now owns 38,269 shares in the company, valued at $9,334,957.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Timothy I. Mcguire bought 3,550 shares of the company's stock in a transaction that occurred on Friday, March 24th. The stock was bought at an average price of $202.00 per share, for a total transaction of $717,100.00. Following the acquisition, the director now directly owns 11,104 shares of the company's stock, valued at approximately $2,243,008. The disclosure for this purchase can be found here. Corporate insiders own 0.60% of the company's stock.

Dollar General Stock Up 1.5 %

Shares of NYSE DG traded up $3.08 on Tuesday, reaching $209.09. 141,545 shares of the company's stock traded hands, compared to its average volume of 2,039,883. Dollar General Co. has a 12 month low of $183.25 and a 12 month high of $262.20. The business's 50 day simple moving average is $222.85 and its two-hundred day simple moving average is $237.63. The company has a market cap of $46.75 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 1.66 and a beta of 0.34. The company has a quick ratio of 0.14, a current ratio of 1.29 and a debt-to-equity ratio of 1.26.

Dollar General (NYSE:DG – Get Rating) last announced its earnings results on Thursday, March 16th. The company reported $2.96 earnings per share for the quarter, beating analysts' consensus estimates of $2.94 by $0.02. Dollar General had a net margin of 6.38% and a return on equity of 40.63%. The business had revenue of $10.20 billion during the quarter, compared to the consensus estimate of $10.24 billion. During the same quarter last year, the firm earned $2.57 earnings per share. The business's revenue for the quarter was up 17.9% on a year-over-year basis. As a group, equities research analysts forecast that Dollar General Co. will post 11.25 EPS for the current fiscal year.

Dollar General Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 25th. Stockholders of record on Tuesday, April 11th will be issued a dividend of $0.59 per share. This is a boost from Dollar General's previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Monday, April 10th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.13%. Dollar General's dividend payout ratio is presently 20.60%.

Dollar General Profile

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Dollar General Corp. engages in the operation of merchandise stores. Its offerings include food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, and seasonal items. It sells brands including Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo The company was founded by J.

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