519 Shares in Dollar General Co. (NYSE:DG) Purchased by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. acquired a new position in shares of Dollar General Co. (NYSE:DG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 519 shares of the company’s stock, valued at approximately $39,000.

Other large investors have also added to or reduced their stakes in the company. Pzena Investment Management LLC boosted its position in Dollar General by 453.4% during the third quarter. Pzena Investment Management LLC now owns 10,238,886 shares of the company’s stock worth $865,903,000 after purchasing an additional 8,388,735 shares during the period. Baupost Group LLC MA bought a new position in Dollar General during the third quarter worth about $194,832,000. State Street Corp boosted its position in Dollar General by 8.3% during the third quarter. State Street Corp now owns 9,958,704 shares of the company’s stock worth $842,208,000 after purchasing an additional 759,869 shares during the period. Worldquant Millennium Advisors LLC bought a new position in Dollar General during the third quarter worth about $32,932,000. Finally, Equity Investment Corp boosted its position in Dollar General by 60.8% during the third quarter. Equity Investment Corp now owns 951,329 shares of the company’s stock worth $80,454,000 after purchasing an additional 359,757 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on DG. Barclays cut their target price on shares of Dollar General from $102.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, January 9th. Telsey Advisory Group cut their price objective on shares of Dollar General from $103.00 to $90.00 and set a “market perform” rating for the company in a research report on Monday, December 2nd. JPMorgan Chase & Co. cut their price objective on shares of Dollar General from $97.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. 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 lowered shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $96.77.

Dollar General Trading Up 0.0 %

DG stock opened at $74.15 on Wednesday. The company has a market capitalization of $16.31 billion, a PE ratio of 12.22, a price-to-earnings-growth ratio of 2.08 and a beta of 0.43. Dollar General Co. has a one year low of $66.43 and a one year high of $168.07. The company’s 50 day moving average price is $74.24 and its two-hundred day moving average price is $85.33. 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 (NYSE:DG) last issued its earnings results on Thursday, December 5th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.08). Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm had revenue of $10.18 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. As a group, analysts predict that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 3.18%. The ex-dividend date was Tuesday, January 7th. Dollar General’s payout ratio is 38.88%.

Insider Buying and Selling

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

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.