SBI Securities Co. Ltd. Acquires New Shares in Dollar General Co. (NYSE:DG)

SBI Securities Co. Ltd. bought a new stake in shares of Dollar General Co. (NYSE:DG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 749 shares of the company’s stock, valued at approximately $57,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in Dollar General during the third quarter valued at approximately $33,000. Providence First Trust Co bought a new position in shares of Dollar General during the 4th quarter valued at $33,000. Bogart Wealth LLC boosted its stake in shares of Dollar General by 279.8% in the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock worth $37,000 after buying an additional 361 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Dollar General by 126.4% in the fourth 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 period. Finally, Newbridge Financial Services Group Inc. purchased a new stake in Dollar General during the fourth quarter valued at $39,000. Institutional investors own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. UBS Group cut their price target on Dollar General from $108.00 to $95.00 and set a “buy” rating for the company in a research note on Thursday, March 6th. Evercore ISI reduced their target price on shares of Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a report on Tuesday, December 3rd. The Goldman Sachs Group decreased their price target 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. Wells Fargo & Company cut their price objective 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, Barclays decreased their target price on Dollar General from $102.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, January 9th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $95.09.

Dollar General Trading Up 1.4 %

Shares of DG stock opened at $82.99 on Tuesday. The stock’s 50-day moving average price is $73.48 and its 200-day moving average price is $79.03. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $168.07. The stock has a market capitalization of $18.25 billion, a price-to-earnings ratio of 13.67, a price-to-earnings-growth ratio of 2.18 and a beta of 0.44. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78.

Insiders Place Their Bets

In other news, EVP Emily C. Taylor sold 4,740 shares of the business’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 transaction, the executive vice president now 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael M. Calbert sold 6,000 shares of the firm’s 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 represents a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.