Dollar General Co. (NYSE:DG) Shares Sold by First National Bank Sioux Falls

First National Bank Sioux Falls decreased its position in shares of Dollar General Co. (NYSE:DG) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,963 shares of the company’s stock after selling 170 shares during the period. First National Bank Sioux Falls’ holdings in Dollar General were worth $225,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC boosted its holdings in shares of Dollar General by 30.6% in the 2nd quarter. Pathway Financial Advisers LLC now owns 376 shares of the company’s stock valued at $50,000 after buying an additional 88 shares during the period. Wedbush Securities Inc. boosted its holdings in shares of Dollar General by 7.3% in the 2nd quarter. Wedbush Securities Inc. now owns 1,661 shares of the company’s stock valued at $220,000 after buying an additional 113 shares during the period. Lummis Asset Management LP boosted its stake in Dollar General by 1.2% during the 2nd quarter. Lummis Asset Management LP now owns 9,419 shares of the company’s stock valued at $1,245,000 after purchasing an additional 115 shares during the period. Metis Global Partners LLC boosted its stake in Dollar General by 2.0% during the 3rd quarter. Metis Global Partners LLC now owns 7,042 shares of the company’s stock valued at $596,000 after purchasing an additional 135 shares during the period. Finally, Empirical Finance LLC boosted its stake in Dollar General by 2.0% during the 3rd quarter. Empirical Finance LLC now owns 7,768 shares of the company’s stock valued at $657,000 after purchasing an additional 153 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

NYSE:DG traded up $0.21 during trading hours on Monday, hitting $71.57. 3,127,110 shares of the company traded hands, compared to its average volume of 3,723,159. The stock has a market capitalization of $15.74 billion, a price-to-earnings ratio of 11.79, a P/E/G ratio of 2.29 and a beta of 0.44. Dollar General Co. has a twelve month low of $70.15 and a twelve month high of $168.07. The firm has a 50-day moving average of $76.51 and a 200 day moving average of $93.47. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78.

Dollar General (NYSE:DG) last released 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 net margin of 3.33% and a return on equity of 18.85%. Dollar General’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.26 earnings per share. On average, analysts forecast that Dollar General Co. will post 5.76 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Tuesday, January 7th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Tuesday, January 7th. Dollar General’s dividend payout ratio is 38.88%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on DG. Evercore ISI reduced their price target on shares of Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a research note on Tuesday, December 3rd. Bernstein Bank dropped their target price on shares of Dollar General from $98.00 to $94.00 in a report on Friday, November 15th. Citigroup downgraded shares of Dollar General from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $91.00 to $73.00 in a report on Friday, September 27th. HSBC dropped their target price on shares of Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a report on Friday, November 15th. Finally, Melius Research assumed coverage on shares of Dollar General in a report on Monday, September 23rd. They set a “hold” rating and a $85.00 price target on the stock. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and a consensus target price of $98.18.

Insider Activity

In related news, Director Michael M. Calbert sold 6,000 shares of the stock in a transaction dated 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 sale, the director now owns 120,322 shares in the company, valued at $9,056,636.94. This trade represents a 4.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Emily C. Taylor sold 4,740 shares of the stock in a transaction dated Friday, December 13th. The stock was 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 of the company’s stock, valued at $1,206,128. This trade represents a 23.33 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company’s stock.

Dollar General 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.