Metis Global Partners LLC Has $553,000 Stake in Dollar General Co. (NYSE:DG)

Metis Global Partners LLC grew its holdings in shares of Dollar General Co. (NYSE:DG) by 3.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,297 shares of the company’s stock after purchasing an additional 255 shares during the quarter. Metis Global Partners LLC’s holdings in Dollar General were worth $553,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Eagle Rock Investment Company LLC boosted its holdings in Dollar General by 16.3% during the 4th quarter. Eagle Rock Investment Company LLC now owns 28,827 shares of the company’s stock worth $2,186,000 after acquiring an additional 4,048 shares during the last quarter. 1834 Investment Advisors Co. bought a new stake in Dollar General in the 3rd quarter worth about $5,650,000. Leibman Financial Services Inc. purchased a new stake in Dollar General in the 4th quarter valued at about $2,018,000. Victory Capital Management Inc. lifted its position in shares of Dollar General by 62.9% during the 3rd quarter. Victory Capital Management Inc. now owns 166,574 shares of the company’s stock worth $14,087,000 after buying an additional 64,336 shares in the last quarter. Finally, DAVENPORT & Co LLC boosted its stake in shares of Dollar General by 5,624.9% in the 4th quarter. DAVENPORT & Co LLC now owns 321,623 shares of the company’s stock worth $24,385,000 after buying an additional 316,005 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Insider Buying and Selling

In related news, EVP Emily C. Taylor sold 4,740 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $77.44, for a total value of $367,065.60. Following the sale, the executive vice president now directly owns 15,575 shares of the company’s stock, valued at $1,206,128. This trade 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 through the SEC website. Also, Director Michael M. Calbert sold 6,000 shares of Dollar General stock in a transaction that occurred 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 sale, the director now owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. The trade was a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by company insiders.

Dollar General Trading Up 1.2 %

Shares of Dollar General stock opened at $73.80 on Thursday. The company’s 50-day moving average price is $73.20 and its 200-day moving average price is $80.23. 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 Co. has a 12-month low of $66.43 and a 12-month high of $168.07. The company has a market cap of $16.23 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 2.18 and a beta of 0.44.

Dollar General (NYSE:DG) last posted its earnings results 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 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%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 earnings per share. On average, equities analysts expect that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on DG shares. Telsey Advisory Group decreased their price target on Dollar General from $103.00 to $90.00 and set a “market perform” rating for the company in a research report on Monday, December 2nd. Jefferies Financial Group decreased their target price on Dollar General from $110.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Evercore ISI cut their price target on shares of Dollar General from $97.00 to $95.00 and set an “in-line” rating on the stock in a report on Tuesday, December 3rd. Wells Fargo & Company reduced their price target on shares of Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a research report on Thursday, December 5th. Finally, The Goldman Sachs Group lowered their price objective on shares of 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 analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Dollar General has a consensus rating of “Hold” and a consensus target price of $96.04.

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.