4,157 Shares in Dollar General Co. (NYSE:DG) Acquired by Steph & Co.

Steph & Co. purchased a new stake in Dollar General Co. (NYSE:DG) during the 4th quarter, Holdings Channel.com reports. The fund purchased 4,157 shares of the company’s stock, valued at approximately $315,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Dollar General in the 3rd quarter valued at about $33,000. Quarry LP acquired a new stake in shares of Dollar General in the second quarter valued at approximately $46,000. Pathway Financial Advisers LLC grew its position in shares of Dollar General by 30.6% during the second quarter. Pathway Financial Advisers LLC now owns 376 shares of the company’s stock worth $50,000 after acquiring an additional 88 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of Dollar General during the third quarter worth about $57,000. Finally, Bruce G. Allen Investments LLC grew its stake in shares of Dollar General by 37.7% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 792 shares of the company’s stock valued at $67,000 after purchasing an additional 217 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Insider Activity

In other news, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $77.44, for a total value of $367,065.60. Following the completion of the transaction, the executive vice president now directly owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Michael M. Calbert sold 6,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total value of $451,620.00. Following the sale, the director now owns 120,322 shares in the company, valued at $9,056,636.94. The trade was a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.49% of the company’s stock.

Dollar General Stock Down 1.2 %

Shares of NYSE DG opened at $68.56 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. Dollar General Co. has a 12-month low of $68.52 and a 12-month high of $168.07. The company has a market cap of $15.08 billion, a P/E ratio of 11.29, a P/E/G ratio of 2.12 and a beta of 0.44. The stock has a fifty day moving average price of $76.06 and a 200 day moving average price of $92.61.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The firm had revenue of $10.18 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same period in the previous year, the business posted $1.26 earnings per share. Dollar General’s revenue for the quarter was up 5.0% on a year-over-year basis. Research analysts anticipate that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, January 7th. This represents a $2.36 dividend on an annualized basis and a yield of 3.44%. Dollar General’s dividend payout ratio (DPR) is 38.88%.

Analyst Ratings Changes

DG has been the subject of several recent research reports. Melius Research initiated coverage on Dollar General in a report on Monday, September 23rd. They set a “hold” rating and a $85.00 price target for the company. Wells Fargo & Company reduced their target price on shares of Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a research note on Thursday, December 5th. Truist Financial dropped their price target on shares of Dollar General from $94.00 to $83.00 and set a “hold” rating on the stock in a research note on Friday, December 6th. BMO Capital Markets raised their price objective on shares of Dollar General from $80.00 to $84.00 and gave the company a “market perform” rating in a research report on Friday, December 6th. Finally, Gordon Haskett upgraded Dollar General from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Dollar General presently has an average rating of “Hold” and a consensus target price of $98.18.

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.