Dollar General Co. (NYSE:DG) Shares Sold by Hamel Associates Inc.

Hamel Associates Inc. cut its stake in Dollar General Co. (NYSE:DG - Free Report) by 69.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,274 shares of the company's stock after selling 37,238 shares during the quarter. Hamel Associates Inc.'s holdings in Dollar General were worth $1,234,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Dollar General in the 3rd quarter valued at about $33,000. Providence First Trust Co acquired a new stake in Dollar General in the fourth quarter valued at approximately $33,000. Bogart Wealth LLC increased its position in shares of Dollar General by 279.8% in 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 in the last quarter. Venturi Wealth Management LLC raised its stake in shares of Dollar General by 126.4% during the 4th quarter. Venturi Wealth Management LLC now owns 498 shares of the company's stock worth $38,000 after buying an additional 278 shares during the period. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of Dollar General during the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Dollar General Stock Up 1.2 %

Dollar General stock traded up $0.88 during trading on Wednesday, reaching $73.80. The stock had a trading volume of 2,614,612 shares, compared to its average volume of 3,444,753. The stock has a market cap of $16.23 billion, a PE ratio of 12.16, a P/E/G ratio of 2.18 and a beta of 0.44. The business has a 50 day moving average price of $73.22 and a 200 day moving average price of $80.27. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $168.07.

Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $10.14 billion. During the same quarter in the prior year, the firm posted $1.26 EPS. Dollar General's quarterly revenue was up 5.0% compared to the same quarter last year. On average, analysts predict that Dollar General Co. will post 5.75 EPS for the current year.

Analyst Upgrades and Downgrades

DG has been the subject of several recent analyst reports. Morgan Stanley cut their price target on shares of Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a report on Tuesday, January 21st. BMO Capital Markets upped their price target on shares of Dollar General from $80.00 to $84.00 and gave the stock a "market perform" rating in a research report on Friday, December 6th. Telsey Advisory Group lowered their price objective on Dollar General from $103.00 to $90.00 and set a "market perform" rating on the stock in a report on Monday, December 2nd. Barclays reduced their target price on Dollar General from $102.00 to $100.00 and set an "overweight" rating for the company in a report on Thursday, January 9th. Finally, JPMorgan Chase & Co. lowered their price target on Dollar General from $97.00 to $82.00 and set a "neutral" rating on the stock in a research note on Tuesday, November 5th. One 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. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $96.04.

Insider Buying and Selling at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of the firm'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 sale, the director now owns 120,322 shares in the company, valued at approximately $9,056,636.94. This trade represents a 4.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction dated 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 sale, the executive vice president now directly owns 15,575 shares in the company, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is owned by company insiders.

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.