Pathway Financial Advisers LLC Has $36,000 Stock Position in Dollar General Co. (NYSE:DG)

Pathway Financial Advisers LLC trimmed its position in shares of Dollar General Co. (NYSE:DG - Free Report) by 98.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 472 shares of the company's stock after selling 31,333 shares during the period. Pathway Financial Advisers LLC's holdings in Dollar General were worth $36,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Inspire Investing LLC increased its holdings in Dollar General by 69.3% in the third quarter. Inspire Investing LLC now owns 3,376 shares of the company's stock valued at $286,000 after buying an additional 1,382 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of Dollar General during the third quarter worth about $202,000. Creative Planning grew its holdings in shares of Dollar General by 148.9% during the third quarter. Creative Planning now owns 144,050 shares of the company's stock worth $12,182,000 after purchasing an additional 86,176 shares during the last quarter. NBC Securities Inc. grew its holdings in shares of Dollar General by 13.3% during the third quarter. NBC Securities Inc. now owns 2,058 shares of the company's stock worth $174,000 after buying an additional 241 shares during the last quarter. Finally, Swedbank AB grew its holdings in shares of Dollar General by 10.4% during the third quarter. Swedbank AB now owns 111,945 shares of the company's stock worth $9,467,000 after buying an additional 10,521 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on DG shares. Wells Fargo & Company lowered their price target on Dollar General from $90.00 to $80.00 and set an "equal weight" rating on the stock in a report on Thursday, December 5th. BMO Capital Markets raised their price objective on shares of Dollar General from $80.00 to $84.00 and gave the company a "market perform" rating in a research report on Friday, December 6th. JPMorgan Chase & Co. reduced their price objective 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. Telsey Advisory Group reduced their price target on shares of Dollar General from $103.00 to $90.00 and set a "market perform" rating for the company in a research report on Monday, December 2nd. Finally, Sanford C. Bernstein assumed coverage on shares of Dollar General in a research note on Tuesday, October 22nd. They set an "outperform" rating and a $98.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Dollar General currently has an average rating of "Hold" and an average price target of $96.77.

Insider Activity at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of the company's stock in a transaction that occurred 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 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Emily C. Taylor sold 4,740 shares of the company's stock in a transaction that occurred on Friday, December 13th. The stock was 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 of the company's stock, valued at approximately $1,206,128. This represents a 23.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.49% of the company's stock.

Dollar General Stock Down 0.4 %

DG stock traded down $0.27 during trading on Monday, reaching $72.57. The stock had a trading volume of 2,809,082 shares, compared to its average volume of 3,254,984. Dollar General Co. has a 1-year low of $66.43 and a 1-year high of $168.07. 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 company has a market capitalization of $15.96 billion, a P/E ratio of 11.96, a PEG ratio of 2.08 and a beta of 0.43. The firm has a fifty day moving average price of $73.71 and a 200 day moving average price of $84.04.

Dollar General (NYSE:DG - Get Free Report) last issued its earnings results 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 company had revenue of $10.18 billion during the quarter, compared to analyst estimates of $10.14 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.26 EPS. On average, equities analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date of this dividend was Tuesday, January 7th. Dollar General's dividend payout ratio is presently 38.88%.

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.