Jackson Hole Capital Partners LLC Has $922,000 Position in Dollar General Co. (NYSE:DG)

Jackson Hole Capital Partners LLC cut its position in shares of Dollar General Co. (NYSE:DG) by 8.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,165 shares of the company’s stock after selling 1,085 shares during the quarter. Jackson Hole Capital Partners LLC’s holdings in Dollar General were worth $922,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Dollar General during the 3rd quarter worth $33,000. Providence First Trust Co acquired a new position in shares of Dollar General during the 4th quarter worth $33,000. Bogart Wealth LLC raised its holdings in shares of 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 buying an additional 361 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of 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 buying an additional 278 shares in the last quarter. Finally, OFI Invest Asset Management acquired a new position in Dollar General in the 4th quarter worth about $37,000. 91.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DG shares. Evercore ISI decreased their price target on 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. The Goldman Sachs Group lowered their target price on Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Barclays lowered their target price on Dollar General from $102.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, January 9th. Morgan Stanley reduced their price objective on Dollar General from $100.00 to $80.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Finally, Bernstein Bank cut their price objective on Dollar General from $98.00 to $94.00 in a research report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Dollar General currently has an average rating of “Hold” and a consensus price target of $95.09.

Dollar General Price Performance

Dollar General stock opened at $81.87 on Friday. The business has a 50-day simple moving average of $73.33 and a 200 day simple moving average of $79.63. Dollar General Co. has a 52 week low of $66.43 and a 52 week high of $168.07. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. The stock has a market cap of $18.01 billion, a price-to-earnings ratio of 13.49, a PEG ratio of 2.18 and a beta of 0.44.

Dollar General (NYSE:DG) last posted 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). Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm had revenue of $10.18 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. Dollar General’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, research analysts forecast that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Insider Transactions at Dollar General

In related news, 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 completion of 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 value of $451,620.00. Following the sale, the director now owns 120,322 shares of the company’s stock, valued at $9,056,636.94. This 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 Company 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.