Bristlecone Advisors LLC Buys 13,042 Shares of Dollar General Co. (NYSE:DG)

Bristlecone Advisors LLC raised its position in shares of Dollar General Co. (NYSE:DG) by 206.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,365 shares of the company’s stock after acquiring an additional 13,042 shares during the period. Bristlecone Advisors LLC’s holdings in Dollar General were worth $1,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Dollar General in the third quarter valued at $33,000. Newbridge Financial Services Group Inc. bought a new position in Dollar General during the 4th quarter valued at about $39,000. ORG Wealth Partners LLC purchased a new stake in Dollar General in the 3rd quarter worth about $57,000. Studio Investment Management LLC lifted its stake in Dollar General by 200.4% in the third quarter. Studio Investment Management LLC now owns 850 shares of the company’s stock worth $72,000 after purchasing an additional 567 shares during the last quarter. Finally, Bruce G. Allen Investments LLC boosted its position in shares of Dollar General by 20.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 953 shares of the company’s stock valued at $72,000 after buying an additional 161 shares during the period. Institutional investors own 91.77% of the company’s stock.

Insider Transactions at Dollar General

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

Analyst Ratings Changes

DG has been the subject of a number of research analyst reports. BMO Capital Markets raised their price target on Dollar General from $80.00 to $84.00 and gave the stock a “market perform” rating in a research note on Friday, December 6th. Bank of America raised shares of Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 target price for the company in a research note on Friday, December 6th. Bernstein Bank decreased their price objective on shares of Dollar General from $98.00 to $94.00 in a report on Friday, November 15th. Gordon Haskett downgraded shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, HSBC decreased their price objective on Dollar General from $100.00 to $88.00 and set a “hold” rating for the company in a report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Dollar General has a consensus rating of “Hold” and an average price target of $96.77.

Dollar General Trading Down 0.1 %

NYSE:DG opened at $72.51 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The firm has a fifty day simple moving average of $74.31 and a 200-day simple moving average of $85.86. The company has a market capitalization of $15.95 billion, a P/E ratio of 11.95, a PEG ratio of 2.08 and a beta of 0.43. Dollar General Co. has a 12 month low of $66.43 and a 12 month high of $168.07.

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

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, January 7th. This represents a $2.36 annualized dividend and a dividend yield of 3.25%. Dollar General’s dividend payout ratio is presently 38.88%.

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.