Values First Advisors Inc. Purchases Shares of 6,336 Dollar General Co. (NYSE:DG)

Values First Advisors Inc. acquired a new position in Dollar General Co. (NYSE:DG) in the 4th quarter, HoldingsChannel reports. The firm acquired 6,336 shares of the company’s stock, valued at approximately $480,000.

A number of other large investors also recently modified their holdings of the stock. Inspire Investing LLC lifted its stake in Dollar General by 69.3% during the 3rd quarter. Inspire Investing LLC now owns 3,376 shares of the company’s stock valued at $286,000 after acquiring an additional 1,382 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Dollar General in the third quarter valued at about $202,000. ORG Wealth Partners LLC bought a new position in shares of Dollar General during the third quarter valued at about $57,000. Creative Planning boosted its holdings in Dollar General by 148.9% during the third quarter. Creative Planning now owns 144,050 shares of the company’s stock worth $12,182,000 after purchasing an additional 86,176 shares during the last quarter. Finally, NBC Securities Inc. grew its position in Dollar General by 13.3% in the 3rd quarter. NBC Securities Inc. now owns 2,058 shares of the company’s stock worth $174,000 after purchasing an additional 241 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Price Performance

Shares of NYSE DG opened at $73.83 on Thursday. 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 Co. has a fifty-two week low of $66.43 and a fifty-two week high of $168.07. The stock has a market cap of $16.24 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 2.08 and a beta of 0.43. The stock has a fifty day moving average of $74.14 and a 200-day moving average of $85.02.

Dollar General (NYSE:DG) last posted its 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 company had revenue of $10.18 billion for the quarter, compared to analysts’ expectations of $10.14 billion. During the same period in the previous year, the firm earned $1.26 EPS. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. Equities research analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend was Tuesday, January 7th. Dollar General’s dividend payout ratio is presently 38.88%.

Wall Street Analyst Weigh In

Several equities analysts have commented on DG shares. HSBC dropped their target price on shares of Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 15th. The Goldman Sachs Group dropped their price target on Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. Truist Financial reduced their price objective on Dollar General from $94.00 to $83.00 and set a “hold” rating for the company in a research note on Friday, December 6th. Telsey Advisory Group lowered their target price on Dollar General from $103.00 to $90.00 and set a “market perform” rating on the stock in a research note on Monday, December 2nd. Finally, Evercore ISI reduced their price target on shares of Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a research report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Dollar General has a consensus rating of “Hold” and a consensus target price of $96.77.

Insider Activity

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

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.