JFS Wealth Advisors LLC Buys 5,144 Shares of Dollar General Co. (NYSE:DG)

JFS Wealth Advisors LLC grew its position in shares of Dollar General Co. (NYSE:DG) by 3,727.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,282 shares of the company’s stock after purchasing an additional 5,144 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Dollar General were worth $400,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DG. Pzena Investment Management LLC raised its stake in Dollar General by 453.4% during the third quarter. Pzena Investment Management LLC now owns 10,238,886 shares of the company’s stock worth $865,903,000 after buying an additional 8,388,735 shares during the last quarter. State Street Corp raised its position in shares of Dollar General by 8.3% in the 3rd quarter. State Street Corp now owns 9,958,704 shares of the company’s stock worth $842,208,000 after acquiring an additional 759,869 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Dollar General by 3.6% in the 3rd quarter. Geode Capital Management LLC now owns 5,243,012 shares of the company’s stock valued at $441,899,000 after purchasing an additional 182,300 shares during the period. Baupost Group LLC MA bought a new stake in shares of Dollar General in the 3rd quarter valued at $194,832,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Dollar General by 2.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,434,960 shares of the company’s stock valued at $121,355,000 after acquiring an additional 31,200 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

Insider Buying and Selling at Dollar General

In other news, EVP Emily C. Taylor sold 4,740 shares of the firm’s stock in a transaction 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 sale, the executive vice president now owns 15,575 shares in the company, valued at approximately $1,206,128. This trade represents a 23.33 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael M. Calbert sold 6,000 shares of the firm’s 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 in the company, valued at $9,056,636.94. The trade was a 4.75 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on DG. BMO Capital Markets lifted their price target on shares of Dollar General from $80.00 to $84.00 and gave the company a “market perform” rating in a research note on Friday, December 6th. Jefferies Financial Group dropped their price target on Dollar General from $110.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. Gordon Haskett lowered Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. Morgan Stanley decreased their price objective on Dollar General from $100.00 to $80.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. Finally, Bernstein Bank cut their target price on Dollar General from $98.00 to $94.00 in a report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $96.77.

Dollar General Stock Performance

NYSE DG opened at $72.57 on Tuesday. The firm has a market cap of $15.96 billion, a P/E ratio of 11.96, a price-to-earnings-growth ratio of 2.08 and a beta of 0.43. 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 company’s 50 day moving average is $73.71 and its 200-day moving average is $84.04. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $168.07.

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 company had revenue of $10.18 billion for 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 company’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 EPS. Sell-side analysts predict that Dollar General Co. will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 3.25%. The ex-dividend date was Tuesday, January 7th. Dollar General’s dividend payout ratio is presently 38.88%.

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.