Dollar General Co. (NYSE:DG) Shares Sold by Sather Financial Group Inc

Sather Financial Group Inc decreased its holdings in shares of Dollar General Co. (NYSE:DG) by 16.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 409,919 shares of the company’s stock after selling 80,249 shares during the quarter. Dollar General makes up approximately 1.9% of Sather Financial Group Inc’s portfolio, making the stock its 20th biggest position. Sather Financial Group Inc owned approximately 0.19% of Dollar General worth $31,080,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Equitable Trust Co. raised its stake in Dollar General by 45.3% during the 4th quarter. Equitable Trust Co. now owns 22,067 shares of the company’s stock worth $1,673,000 after acquiring an additional 6,880 shares in the last quarter. Bristlecone Advisors LLC boosted its holdings in shares of Dollar General by 206.3% in the fourth quarter. Bristlecone Advisors LLC now owns 19,365 shares of the company’s stock valued at $1,468,000 after acquiring an additional 13,042 shares during the period. Tevis Investment Management purchased a new position in shares of Dollar General during the fourth quarter worth approximately $869,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Dollar General in the 4th quarter valued at $39,000. Finally, Stephens Inc. AR boosted its stake in Dollar General by 22.1% during the 4th quarter. Stephens Inc. AR now owns 9,633 shares of the company’s stock worth $730,000 after purchasing an additional 1,741 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Trading Up 0.0 %

Dollar General stock opened at $74.15 on Wednesday. The stock has a market cap of $16.31 billion, a PE ratio of 12.22, a P/E/G ratio of 2.08 and a beta of 0.43. 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 stock has a 50-day moving average price of $74.24 and a 200 day moving average price of $85.33. Dollar General Co. has a 52 week low of $66.43 and a 52 week high of $168.07.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate 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 return on equity of 18.85% and a net margin of 3.33%. Dollar General’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.26 EPS. Equities research analysts predict that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DG. Telsey Advisory Group reduced their target price on shares of Dollar General from $103.00 to $90.00 and set a “market perform” rating for the company in a report on Monday, December 2nd. Evercore ISI decreased their price target on Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a report on Tuesday, December 3rd. HSBC cut their price objective on shares of Dollar General from $100.00 to $88.00 and set a “hold” rating for the company in a research report on Friday, November 15th. Wells Fargo & Company dropped their target price on Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. Finally, Jefferies Financial Group reduced their price target on Dollar General from $110.00 to $90.00 and set a “buy” rating for the company in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $96.77.

Insiders Place Their Bets

In other Dollar General news, Director Michael M. Calbert sold 6,000 shares of Dollar General stock in a transaction that occurred on Tuesday, December 31st. The shares were 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 $9,056,636.94. The trade was a 4.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Emily C. Taylor sold 4,740 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were 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 directly owns 15,575 shares in the company, valued at approximately $1,206,128. This represents a 23.33 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently 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.