Dollar General Co. (NYSE:DG) Shares Acquired by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC boosted its holdings in shares of Dollar General Co. (NYSE:DG - Free Report) by 8,426.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,041,471 shares of the company's stock after buying an additional 3,994,070 shares during the quarter. Dollar General makes up approximately 6.6% of ACR Alpine Capital Research LLC's investment portfolio, making the stock its 7th biggest holding. ACR Alpine Capital Research LLC owned about 1.84% of Dollar General worth $306,424,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Dollar General during the third quarter valued at $33,000. Providence First Trust Co purchased a new stake in shares of Dollar General during the fourth quarter valued at $33,000. Bogart Wealth LLC grew its holdings in shares of Dollar General by 279.8% during the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company's stock valued at $37,000 after buying an additional 361 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Dollar General by 126.4% during the fourth quarter. Venturi Wealth Management LLC now owns 498 shares of the company's stock valued at $38,000 after buying an additional 278 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Dollar General during the fourth quarter valued at $39,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Dollar General

In related news, Director Michael M. Calbert sold 6,000 shares of the company's stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the sale, the director now directly owns 120,322 shares of the company's stock, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Emily C. Taylor sold 4,740 shares of the stock in a transaction on Friday, December 13th. The stock was 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 directly owns 15,575 shares in the company, valued at $1,206,128. This represents a 23.33 % 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.

Wall Street Analyst Weigh In

DG has been the subject of a number of research reports. Morgan Stanley decreased 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. Wells Fargo & Company decreased their target price on shares of Dollar General from $90.00 to $80.00 and set an "equal weight" rating for the company in a research report on Thursday, December 5th. Truist Financial decreased their target price on shares of Dollar General from $94.00 to $83.00 and set a "hold" rating for the company in a research report on Friday, December 6th. JPMorgan Chase & Co. decreased their target price 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. Finally, Jefferies Financial Group decreased their target price on shares of Dollar General from $110.00 to $90.00 and set a "buy" rating for the company in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $96.04.

Dollar General Trading Up 1.2 %

Shares of NYSE:DG traded up $0.88 during trading on Wednesday, reaching $73.80. 2,614,923 shares of the stock were exchanged, compared to its average volume of 3,445,074. The firm has a market cap of $16.23 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 2.18 and a beta of 0.44. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $168.07. The firm's 50-day moving average price is $73.20 and its 200 day moving average price is $80.23. 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 - Get Free Report) last released 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). The business had revenue of $10.18 billion for the quarter, compared to analysts' expectations of $10.14 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.26 earnings per share. On average, sell-side analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

About Dollar General

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.