Mutual of America Capital Management LLC Has $2 Million Holdings in Dollar General Co. (NYSE:DG)

Mutual of America Capital Management LLC trimmed its stake in Dollar General Co. (NYSE:DG) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,359 shares of the company’s stock after selling 747 shares during the period. Mutual of America Capital Management LLC’s holdings in Dollar General were worth $1,999,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its position in shares of Dollar General by 21.8% during the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 6,700 shares of the company’s stock worth $508,000 after acquiring an additional 1,200 shares during the last quarter. Linscomb Wealth Inc. acquired a new stake in Dollar General during the 4th quarter valued at approximately $7,942,000. QRG Capital Management Inc. raised its holdings in Dollar General by 9.9% during the 4th quarter. QRG Capital Management Inc. now owns 3,659 shares of the company’s stock worth $277,000 after purchasing an additional 330 shares during the last quarter. Versor Investments LP boosted its stake in shares of Dollar General by 454.3% in the 4th quarter. Versor Investments LP now owns 25,500 shares of the company’s stock valued at $1,933,000 after purchasing an additional 20,900 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Dollar General in the 4th quarter valued at $3,846,000. 91.77% of the stock is owned by institutional investors.

Insider Activity

In other news, 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 transaction, the director now directly owns 120,322 shares of the company’s stock, valued at $9,056,636.94. This trade represents a 4.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $367,065.60. Following the completion of the transaction, the executive vice president now 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 disclosure for this sale can be found here. 0.49% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DG. Evercore ISI dropped their target price 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. UBS Group dropped their price objective on Dollar General from $108.00 to $95.00 and set a “buy” rating on the stock in a research note on Thursday. Wells Fargo & Company decreased their target price on Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a research note on Thursday, December 5th. Telsey Advisory Group dropped their price target on Dollar General from $88.00 to $85.00 and set a “market perform” rating on the stock in a research note on Thursday. Finally, Gordon Haskett downgraded shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. One 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, the company has an average rating of “Hold” and an average target price of $95.09.

Dollar General Trading Up 7.4 %

Shares of Dollar General stock opened at $81.87 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The stock has a fifty day simple moving average of $73.33 and a 200 day simple moving average of $79.92. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $168.07. The company has a market capitalization of $18.01 billion, a P/E ratio of 13.49, a price-to-earnings-growth 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 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.08). Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The firm had revenue of $10.18 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter last year, the business posted $1.26 EPS. The company’s quarterly revenue was up 5.0% on a year-over-year basis. On average, sell-side analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

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.