Generali Investments Towarzystwo Funduszy Inwestycyjnych Purchases 1,200 Shares of Dollar General Co. (NYSE:DG)

Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position in Dollar General Co. (NYSE:DG) by 21.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,700 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Dollar General were worth $508,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Linscomb Wealth Inc. bought a new position in Dollar General during the 4th quarter valued at approximately $7,942,000. QRG Capital Management Inc. increased its position in Dollar General by 9.9% during the 4th quarter. QRG Capital Management Inc. now owns 3,659 shares of the company’s stock valued at $277,000 after buying an additional 330 shares in the last quarter. Versor Investments LP increased its position in Dollar General by 454.3% during the 4th quarter. Versor Investments LP now owns 25,500 shares of the company’s stock valued at $1,933,000 after buying an additional 20,900 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Dollar General during the 4th quarter valued at approximately $3,846,000. Finally, Oppenheimer & Co. Inc. increased its position in Dollar General by 81.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 5,648 shares of the company’s stock valued at $428,000 after buying an additional 2,534 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction that occurred 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 sale, the executive vice president now owns 15,575 shares in the company, valued at $1,206,128. This trade represents a 23.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael M. Calbert sold 6,000 shares of Dollar General stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total transaction of $451,620.00. Following the sale, the director now owns 120,322 shares in the company, valued at approximately $9,056,636.94. The trade was a 4.75 % 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 Stock Performance

DG stock opened at $74.13 on Friday. The company has a market cap of $16.30 billion, a P/E ratio of 12.21, a price-to-earnings-growth ratio of 2.18 and a beta of 0.43. Dollar General Co. has a 1 year low of $66.43 and a 1 year 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 stock’s fifty day moving average price is $73.35 and its 200-day moving average price is $81.77.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.89 earnings per share (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 the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 EPS. On average, equities analysts forecast that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend was Tuesday, January 7th. Dollar General’s payout ratio is 38.88%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Wells Fargo & Company reduced their price objective on 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. BMO Capital Markets raised their price objective on 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 Dollar General from $97.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Jefferies Financial Group reduced their target price on Dollar General from $110.00 to $90.00 and set a “buy” rating for the company in a report on Friday, November 15th. Finally, Bank of America raised 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. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus 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.