Dollar General Co. (NYSE:DG) Shares Acquired by CreativeOne Wealth LLC

CreativeOne Wealth LLC increased its holdings in shares of Dollar General Co. (NYSE:DG) by 15.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,015 shares of the company’s stock after acquiring an additional 789 shares during the quarter. CreativeOne Wealth LLC’s holdings in Dollar General were worth $509,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Baupost Group LLC MA purchased a new stake in Dollar General in the 3rd quarter valued at $194,832,000. Kize Capital LP boosted its position in shares of Dollar General by 9.8% during the 3rd quarter. Kize Capital LP now owns 84,000 shares of the company’s stock valued at $7,104,000 after acquiring an additional 7,500 shares during the last quarter. Kiltearn Partners LLP grew its holdings in shares of Dollar General by 382.8% in the third quarter. Kiltearn Partners LLP now owns 350,066 shares of the company’s stock valued at $29,605,000 after purchasing an additional 277,566 shares during the period. Cynosure Group LLC increased its position in Dollar General by 710.7% during the third quarter. Cynosure Group LLC now owns 25,343 shares of the company’s stock worth $2,143,000 after purchasing an additional 22,217 shares during the last quarter. Finally, M.D. Sass LLC increased its position in Dollar General by 4.3% during the third quarter. M.D. Sass LLC now owns 303,109 shares of the company’s stock worth $25,634,000 after purchasing an additional 12,445 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Trading Up 1.3 %

Shares of Dollar General stock opened at $77.27 on Monday. The company has a current ratio of 1.22, a quick ratio of 0.24 and a debt-to-equity ratio of 0.86. The company has a fifty day simple moving average of $80.16 and a 200-day simple moving average of $105.53. The stock has a market cap of $16.99 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 2.26 and a beta of 0.45. Dollar General Co. has a 12-month low of $72.12 and a 12-month high of $168.07.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, August 29th. The company reported $1.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.09). Dollar General had a net margin of 3.57% and a return on equity of 20.62%. The company had revenue of $10.21 billion during the quarter, compared to analyst estimates of $10.37 billion. During the same quarter in the prior year, the company earned $2.13 EPS. The business’s revenue was up 4.2% on a year-over-year basis. On average, equities analysts forecast that Dollar General Co. will post 5.85 EPS for the current fiscal year.

Analyst Ratings Changes

DG has been the subject of several analyst reports. Morgan Stanley lowered Dollar General from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $170.00 to $100.00 in a research report on Friday, August 30th. Gordon Haskett raised Dollar General from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Truist Financial decreased their target price on shares of Dollar General from $135.00 to $130.00 and set a “hold” rating on the stock in a research report on Monday, August 26th. JPMorgan Chase & Co. dropped their price target on shares of Dollar General from $97.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Finally, Raymond James reduced their price target on shares of Dollar General from $150.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, August 30th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $104.00.

Insider Activity

In other news, EVP Steven R. Deckard sold 2,010 shares of Dollar General stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $86.66, for a total value of $174,186.60. Following the transaction, the executive vice president now directly owns 2,887 shares of the company’s stock, valued at $250,187.42. The trade was a 41.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Warren F. Bryant purchased 500 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average price of $80.40 per share, with a total value of $40,200.00. Following the purchase, the director now owns 41,030 shares in the company, valued at $3,298,812. This trade represents a 1.23 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.49% of the company’s stock.

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.