Dollar General Co. (NYSE:DG) Stock Position Raised by Bristlecone Advisors LLC

Bristlecone Advisors LLC raised its holdings in shares of Dollar General Co. (NYSE:DG - Free Report) by 206.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,365 shares of the company's stock after acquiring an additional 13,042 shares during the quarter. 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 and hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Dollar General during the 3rd quarter valued at about $33,000. Newbridge Financial Services Group Inc. bought a new position in Dollar General in the 4th quarter worth about $39,000. ORG Wealth Partners LLC bought a new position in shares of Dollar General during the third quarter valued at approximately $57,000. Studio Investment Management LLC boosted its stake in shares of Dollar General by 200.4% during the third quarter. Studio Investment Management LLC now owns 850 shares of the company's stock valued at $72,000 after purchasing an additional 567 shares in the last quarter. Finally, Bruce G. Allen Investments LLC boosted its stake in Dollar General by 20.3% in the fourth quarter. Bruce G. Allen Investments LLC now owns 953 shares of the company's stock valued at $72,000 after acquiring an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Insider Transactions at Dollar General

In other Dollar General news, Director Michael M. Calbert sold 6,000 shares of Dollar General 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 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 transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Emily C. Taylor sold 4,740 shares of the business'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 transaction, the executive vice president now directly owns 15,575 shares of the company's stock, valued at approximately $1,206,128. This trade represents a 23.33 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company's stock.

Dollar General Trading Down 1.3 %

NYSE DG traded down $0.95 during mid-day trading on Thursday, hitting $72.87. The company's stock had a trading volume of 2,800,444 shares, compared to its average volume of 3,380,876. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $168.07. The stock's fifty day simple moving average is $74.03 and its two-hundred day simple moving average is $84.94. 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 firm has a market capitalization of $16.03 billion, a P/E ratio of 12.00, a price-to-earnings-growth ratio of 2.08 and a beta of 0.43.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings data 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 firm 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 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 business earned $1.26 EPS. Research analysts expect that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, January 7th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date was Tuesday, January 7th. Dollar General's payout ratio is currently 38.88%.

Wall Street Analyst Weigh In

DG has been the subject of several recent research reports. 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 report on Friday, December 6th. Telsey Advisory Group dropped their target price on shares of Dollar General from $103.00 to $90.00 and set a "market perform" rating on the stock in a research report on Monday, December 2nd. Barclays dropped their target price 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. Gordon Haskett lowered shares of Dollar General from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Finally, Jefferies Financial Group reduced their target price on shares of Dollar General from $110.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, November 15th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Dollar General presently has an average rating of "Hold" and a consensus price target of $96.77.

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.