11,444 Shares in Dollar General Co. (NYSE:DG) Acquired by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC bought a new stake in Dollar General Co. (NYSE:DG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,444 shares of the company's stock, valued at approximately $868,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Dollar General during the third quarter worth about $33,000. ORG Wealth Partners LLC bought a new stake in Dollar General in the third quarter valued at approximately $57,000. Bruce G. Allen Investments LLC increased its stake in shares of Dollar General by 37.7% during the third quarter. Bruce G. Allen Investments LLC now owns 792 shares of the company's stock worth $67,000 after purchasing an additional 217 shares during the period. Studio Investment Management LLC increased 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 worth $72,000 after purchasing an additional 567 shares during the period. Finally, Peoples Bank KS increased its stake in shares of Dollar General by 19.1% during the fourth quarter. Peoples Bank KS now owns 1,435 shares of the company's stock worth $109,000 after purchasing an additional 230 shares during the period. 91.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Michael M. Calbert sold 6,000 shares of the business's stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total value 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Emily C. Taylor sold 4,740 shares of the business's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $77.44, for a total value 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 $1,206,128. This represents a 23.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.49% of the company's stock.

Dollar General Price Performance

DG stock traded up $1.33 during midday trading on Monday, reaching $73.82. 1,560,134 shares of the stock were exchanged, compared to its average volume of 3,402,655. The stock has a market capitalization of $16.24 billion, a PE ratio of 12.16, a P/E/G ratio of 2.08 and a beta of 0.43. Dollar General Co. has a 52 week low of $66.43 and a 52 week high of $168.07. 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 company has a fifty day moving average price of $74.31 and a 200 day moving average price of $85.64.

Dollar General (NYSE:DG - Get Free Report) last announced 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 company 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%. The firm's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.26 earnings per share. As a group, analysts expect that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend was Tuesday, January 7th. Dollar General's payout ratio is presently 38.88%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on DG shares. Truist Financial reduced their price target on Dollar General from $94.00 to $83.00 and set a "hold" rating on the stock in a research report on Friday, December 6th. Wells Fargo & Company reduced their price target 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. Barclays reduced their price target on Dollar General from $102.00 to $100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 9th. Evercore ISI reduced their price target on Dollar General from $97.00 to $95.00 and set an "in-line" rating on the stock in a research report on Tuesday, December 3rd. Finally, Bank of America raised Dollar General from an "underperform" rating to a "buy" rating and set a $95.00 price target on the stock in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price 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.