Dollar General Co. (NYSE:DG) Stock Holdings Lowered by Roberts Glore & Co. Inc. IL

Roberts Glore & Co. Inc. IL reduced its holdings in Dollar General Co. (NYSE:DG) by 27.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,106 shares of the company’s stock after selling 2,651 shares during the quarter. Roberts Glore & Co. Inc. IL’s holdings in Dollar General were worth $539,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DG. Janney Montgomery Scott LLC raised its holdings in shares of Dollar General by 36.0% during the third quarter. Janney Montgomery Scott LLC now owns 79,764 shares of the company’s stock valued at $6,746,000 after acquiring an additional 21,128 shares during the period. Van ECK Associates Corp raised its holdings in shares of Dollar General by 1.5% during the third quarter. Van ECK Associates Corp now owns 22,353 shares of the company’s stock valued at $1,811,000 after acquiring an additional 333 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in shares of Dollar General by 28.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 21,295 shares of the company’s stock valued at $1,801,000 after acquiring an additional 4,661 shares during the period. Concurrent Investment Advisors LLC grew its position in Dollar General by 50.8% during the third quarter. Concurrent Investment Advisors LLC now owns 4,397 shares of the company’s stock valued at $372,000 after purchasing an additional 1,482 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in Dollar General by 2.6% during the third quarter. Principal Financial Group Inc. now owns 253,053 shares of the company’s stock valued at $21,401,000 after purchasing an additional 6,372 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Insider Activity at Dollar General

In related news, Director Michael M. Calbert sold 6,000 shares of the company’s stock in a transaction 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 completion of the transaction, the director now directly owns 120,322 shares in the company, valued at $9,056,636.94. This represents a 4.75 % decrease in their position. The transaction 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 company’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 owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

DG has been the topic of a number of research analyst reports. Bernstein Bank lowered their price objective on shares of Dollar General from $98.00 to $94.00 in a research report on Friday, November 15th. Truist Financial lowered their price objective on shares of Dollar General from $94.00 to $83.00 and set a “hold” rating on the stock in a research report on Friday, December 6th. Gordon Haskett downgraded shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. HSBC lowered their price objective on shares of Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 15th. Finally, Evercore ISI lowered their price objective on shares of 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. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $95.09.

Dollar General Price Performance

NYSE DG opened at $81.87 on Friday. 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 fifty day simple moving average of $73.33 and a 200 day simple moving average of $79.63. The company has a market cap of $18.01 billion, a P/E ratio of 13.49, a P/E/G ratio of 2.18 and a beta of 0.44. Dollar General Co. has a 1 year low of $66.43 and a 1 year high of $168.07.

Dollar General (NYSE:DG) last posted its quarterly earnings data 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 firm had revenue of $10.18 billion for the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. Dollar General’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.26 earnings per share. On average, sell-side analysts predict that Dollar General Co. will post 5.75 EPS for the current year.

About Dollar General

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.