Lindbrook Capital LLC Acquires 311 Shares of Dollar General Co. (NYSE:DG)

Lindbrook Capital LLC grew its holdings in shares of Dollar General Co. (NYSE:DG) by 40.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,078 shares of the company’s stock after buying an additional 311 shares during the period. Lindbrook Capital LLC’s holdings in Dollar General were worth $82,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Metis Global Partners LLC lifted its holdings in shares of Dollar General by 2.0% in the 3rd quarter. Metis Global Partners LLC now owns 7,042 shares of the company’s stock worth $596,000 after purchasing an additional 135 shares in the last quarter. Deseret Mutual Benefit Administrators lifted its holdings in shares of Dollar General by 8.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,884 shares of the company’s stock worth $143,000 after purchasing an additional 150 shares in the last quarter. Empirical Finance LLC lifted its holdings in shares of Dollar General by 2.0% in the 3rd quarter. Empirical Finance LLC now owns 7,768 shares of the company’s stock worth $657,000 after purchasing an additional 153 shares in the last quarter. Bruce G. Allen Investments LLC lifted its holdings in shares of Dollar General by 20.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 953 shares of the company’s stock worth $72,000 after purchasing an additional 161 shares in the last quarter. Finally, Peoples Bank KS lifted its holdings in shares of Dollar General by 19.1% in the 4th quarter. Peoples Bank KS now owns 1,435 shares of the company’s stock worth $109,000 after purchasing an additional 230 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $77.44, for a total value of $367,065.60. Following the completion of the sale, the executive vice president now owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. This trade represents a 23.33 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael M. Calbert sold 6,000 shares of the firm’s stock in a transaction dated 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 owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by insiders.

Dollar General Trading Up 7.4 %

Shares of Dollar General stock opened at $81.87 on Friday. The stock has a fifty day moving average price of $73.33 and a 200-day moving average price of $79.63. Dollar General Co. has a 1 year low of $66.43 and a 1 year high of $168.07. The firm has a market cap of $18.01 billion, a PE ratio of 13.49, a P/E/G ratio of 2.18 and a beta of 0.44. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate 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 period last year, the business posted $1.26 EPS. The company’s revenue was up 5.0% compared to the same quarter last year. Equities research analysts anticipate that Dollar General Co. will post 5.75 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Citigroup cut their target price on Dollar General from $73.00 to $69.00 and set a “sell” rating on the stock in a report on Friday. Morgan Stanley cut their target price on Dollar General from $100.00 to $80.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. Bernstein Bank cut their target price on Dollar General from $98.00 to $94.00 in a report on Friday, November 15th. HSBC lowered their price target on Dollar General from $100.00 to $88.00 and set a “hold” rating for the company in a research report on Friday, November 15th. Finally, The Goldman Sachs Group lowered their price target on Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $95.09.

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.