Pathway Financial Advisers LLC Has $36,000 Stock Position in Dollar General Co. (NYSE:DG)

Pathway Financial Advisers LLC lessened its stake in Dollar General Co. (NYSE:DG) by 98.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 472 shares of the company’s stock after selling 31,333 shares during the quarter. Pathway Financial Advisers LLC’s holdings in Dollar General were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of DG. Van ECK Associates Corp raised its position in Dollar General by 8.4% in the 4th quarter. Van ECK Associates Corp now owns 24,229 shares of the company’s stock worth $1,837,000 after purchasing an additional 1,876 shares during the last quarter. Values First Advisors Inc. acquired a new stake in shares of Dollar General in the 4th quarter valued at $480,000. Channing Global Advisors LLC raised its position in shares of Dollar General by 18.8% during the fourth quarter. Channing Global Advisors LLC now owns 50,405 shares of the company’s stock worth $3,822,000 after acquiring an additional 7,975 shares during the last quarter. Kentucky Trust Co acquired a new position in shares of Dollar General during the fourth quarter valued at $48,000. Finally, Equitable Trust Co. lifted its stake in shares of Dollar General by 45.3% during the fourth quarter. Equitable Trust Co. now owns 22,067 shares of the company’s stock valued at $1,673,000 after acquiring an additional 6,880 shares during the period. 91.77% of the stock is owned by institutional investors.

Insider Buying and Selling at Dollar General

In other Dollar General news, Director Michael M. Calbert sold 6,000 shares of Dollar General stock in a transaction on 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 directly owns 120,322 shares in the company, valued at approximately $9,056,636.94. The trade was a 4.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction, the executive vice president now owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. This represents a 23.33 % 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.

Wall Street Analysts Forecast Growth

DG has been the subject of a number of research reports. BMO Capital Markets lifted their price objective on Dollar General from $80.00 to $84.00 and gave the stock a “market perform” rating in a research report on Friday, December 6th. Truist Financial lowered their price target on shares of Dollar General from $94.00 to $83.00 and set a “hold” rating for the company in a research report on Friday, December 6th. Evercore ISI cut their price objective 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. Telsey Advisory Group lowered their target price on shares of Dollar General from $103.00 to $90.00 and set a “market perform” rating for the company in a report on Monday, December 2nd. Finally, Bank of America upgraded shares of Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 target price for the company in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $96.77.

Dollar General Stock Down 1.3 %

Dollar General stock opened at $72.87 on Friday. The company has a 50 day moving average of $74.03 and a 200-day moving average of $84.94. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. Dollar General Co. has a twelve month low of $66.43 and a twelve month high of $168.07. The stock has a market capitalization of $16.03 billion, a PE ratio of 12.00, a price-to-earnings-growth ratio of 2.08 and a beta of 0.43.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, December 5th. The company reported $0.89 earnings per share 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 company had revenue of $10.18 billion during the quarter, compared to analyst estimates of $10.14 billion. During the same period in the previous year, the company posted $1.26 earnings per share. Dollar General’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, equities research analysts anticipate that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date was Tuesday, January 7th. Dollar General’s dividend payout ratio is presently 38.88%.

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.