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

JBR Co Financial Management Inc increased its stake in shares of Dollar General Co. (NYSE:DG) by 9.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 institutional investors and hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in Dollar General during the 3rd quarter worth approximately $33,000. Bogart Wealth LLC grew its position in Dollar General by 279.8% during the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock worth $37,000 after acquiring an additional 361 shares during the last quarter. Venturi Wealth Management LLC grew its position in Dollar General by 126.4% during the 4th quarter. Venturi Wealth Management LLC now owns 498 shares of the company’s stock worth $38,000 after acquiring an additional 278 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new position in Dollar General during the 4th quarter worth approximately $39,000. Finally, Kentucky Trust Co bought a new position in Dollar General during the 4th quarter worth approximately $48,000. 91.77% of the stock is currently owned by institutional investors.

Dollar General Stock Up 0.7 %

Shares of NYSE:DG opened at $76.68 on Friday. The stock has a fifty day simple moving average of $73.26 and a two-hundred day simple moving average of $82.67. The stock has a market capitalization of $16.86 billion, a price-to-earnings ratio of 12.63, a PEG 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 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 announced its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). The company had revenue of $10.18 billion for the quarter, compared to analysts’ expectations of $10.14 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.26 EPS. On average, research analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed 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 3.08%. The ex-dividend date was Tuesday, January 7th. Dollar General’s payout ratio is 38.88%.

Insider Buying and Selling at Dollar General

In other Dollar General news, Director Michael M. Calbert sold 6,000 shares of Dollar General stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the sale, the director now owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. This trade represents a 4.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction on Friday, December 13th. The stock was sold at an average price of $77.44, for a total value of $367,065.60. Following the completion of the sale, the executive vice president now directly owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company cut their price objective on Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. HSBC cut their price objective on Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 15th. Bernstein Bank cut their price objective on Dollar General from $98.00 to $94.00 in a research report on Friday, November 15th. Truist Financial cut their price objective on Dollar General from $94.00 to $83.00 and set a “hold” rating on the stock in a research report on Friday, December 6th. Finally, The Goldman Sachs Group cut their price objective on Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target 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.