JBR Co Financial Management Inc Purchases 295 Shares of Dollar General Co. (NYSE:DG)

JBR Co Financial Management Inc increased its position in Dollar General Co. (NYSE:DG) by 9.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,377 shares of the company’s stock after acquiring an additional 295 shares during the quarter. JBR Co Financial Management Inc’s holdings in Dollar General were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Dollar General in the third quarter worth $33,000. Bogart Wealth LLC grew its holdings in Dollar General by 279.8% during the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 361 shares during the period. Venturi Wealth Management LLC grew its holdings in Dollar General by 126.4% during the fourth quarter. Venturi Wealth Management LLC now owns 498 shares of the company’s stock valued at $38,000 after purchasing an additional 278 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in Dollar General during the fourth quarter valued at about $39,000. Finally, Kentucky Trust Co bought a new stake in Dollar General during the fourth quarter valued at about $48,000. Institutional investors own 91.77% of the company’s stock.

Insider Buying and Selling at Dollar General

In other Dollar General news, 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 sale, 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 sale was disclosed in a document filed with the SEC, which is available at this link. Also, 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 sale, the director now owns 120,322 shares in the company, valued at approximately $9,056,636.94. This trade represents a 4.75 % 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

NYSE:DG opened at $76.68 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 market capitalization of $16.86 billion, a P/E ratio of 12.63, a P/E/G ratio of 2.18 and a beta of 0.43. Dollar General Co. has a 12 month low of $66.43 and a 12 month high of $168.07. The business’s 50-day moving average is $73.26 and its 200 day moving average is $82.67.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, December 5th. The company reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). The firm had revenue of $10.18 billion during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the firm posted $1.26 earnings per share. On average, equities research analysts forecast that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th were given a $0.59 dividend. The ex-dividend date was Tuesday, January 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.08%. Dollar General’s dividend payout ratio is currently 38.88%.

Analyst Ratings Changes

DG has been the subject of several recent research reports. Bernstein Bank cut their price target on Dollar General from $98.00 to $94.00 in a report on Friday, November 15th. Morgan Stanley cut their price target on Dollar General from $100.00 to $80.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. The Goldman Sachs Group cut their price target on Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Telsey Advisory Group cut their price target on Dollar General from $103.00 to $90.00 and set a “market perform” rating for the company in a report on Monday, December 2nd. Finally, Bank of America raised Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 price target for the company in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $96.77.

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.