Metis Global Partners LLC Purchases 255 Shares of Dollar General Co. (NYSE:DG)

Metis Global Partners LLC increased its holdings in shares of Dollar General Co. (NYSE:DG) by 3.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 7,297 shares of the company’s stock after purchasing an additional 255 shares during the period. Metis Global Partners LLC’s holdings in Dollar General were worth $553,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB bought a new position in shares of Dollar General in the third quarter valued at about $33,000. Providence First Trust Co acquired a new position in Dollar General in the 4th quarter valued at about $33,000. Bogart Wealth LLC lifted its position in Dollar General by 279.8% during the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock worth $37,000 after acquiring an additional 361 shares during the last quarter. Venturi Wealth Management LLC lifted its position in Dollar General by 126.4% during the fourth quarter. Venturi Wealth Management LLC now owns 498 shares of the company’s stock worth $38,000 after acquiring an additional 278 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of Dollar General in the fourth quarter valued at approximately $39,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Insider Activity

In other Dollar General 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 transaction, the director now directly owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. The trade was a 4.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Emily C. Taylor sold 4,740 shares of the company’s 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 $1,206,128. This trade represents a 23.33 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on DG shares. Truist Financial dropped their price target on Dollar General from $94.00 to $83.00 and set a “hold” rating for the company in a report on Friday, December 6th. Morgan Stanley reduced their target price on shares of Dollar General from $100.00 to $80.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 21st. Barclays lowered their price target on shares of Dollar General from $102.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 9th. Bernstein Bank cut their price objective on shares of Dollar General from $98.00 to $94.00 in a report on Friday, November 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $80.00 target price (down from $90.00) on shares of Dollar General in a report on Monday. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $96.04.

Dollar General Price Performance

Shares of NYSE:DG opened at $73.80 on Thursday. Dollar General Co. has a one year low of $66.43 and a one year high of $168.07. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. The company has a market cap of $16.23 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 2.18 and a beta of 0.44. The firm has a 50 day simple moving average of $73.20 and a 200 day simple moving average of $80.23.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate 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 last year, the business earned $1.26 EPS. The company’s revenue was up 5.0% compared to the same quarter last year. Research analysts predict that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

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.