ROI Financial Advisors LLC Has $258,000 Stock Position in Dollar General Co. (NYSE:DG)

ROI Financial Advisors LLC cut its stake in Dollar General Co. (NYSE:DG) by 36.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,054 shares of the company’s stock after selling 1,755 shares during the period. ROI Financial Advisors LLC’s holdings in Dollar General were worth $258,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of DG. Bank & Trust Co acquired a new stake in shares of Dollar General in the 2nd quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Dollar General in the second quarter valued at $33,000. Crewe Advisors LLC acquired a new position in Dollar General during the 1st quarter worth about $40,000. Studio Investment Management LLC grew its holdings in Dollar General by 117.7% during the 2nd quarter. Studio Investment Management LLC now owns 283 shares of the company’s stock worth $37,000 after acquiring an additional 153 shares during the last quarter. Finally, Pathway Financial Advisers LLC acquired a new stake in Dollar General in the 1st quarter valued at about $45,000. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on DG shares. Raymond James lowered their price target on shares of Dollar General from $150.00 to $120.00 and set an “outperform” rating for the company in a report on Friday, August 30th. The Goldman Sachs Group decreased their price objective on shares of Dollar General from $169.00 to $122.00 and set a “buy” rating for the company in a report on Friday, August 30th. UBS Group lowered their target price on shares of Dollar General from $155.00 to $108.00 and set a “buy” rating for the company in a research note on Friday, August 30th. Telsey Advisory Group lowered shares of Dollar General from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $168.00 to $103.00 in a report on Friday, August 30th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Dollar General from $97.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Dollar General has an average rating of “Hold” and a consensus price target of $107.05.

Insider Activity

In other news, Director Warren F. Bryant bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were acquired at an average price of $80.83 per share, for a total transaction of $80,830.00. Following the completion of the acquisition, the director now directly owns 42,030 shares in the company, valued at approximately $3,397,284.90. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, EVP Roderick J. West sold 2,510 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $83.25, for a total transaction of $208,957.50. Following the transaction, the executive vice president now directly owns 9,163 shares of the company’s stock, valued at $762,819.75. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Warren F. Bryant bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was purchased at an average price of $80.83 per share, for a total transaction of $80,830.00. Following the completion of the acquisition, the director now owns 42,030 shares in the company, valued at $3,397,284.90. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.49% of the stock is currently owned by corporate insiders.

Dollar General Stock Performance

Shares of NYSE DG opened at $76.77 on Thursday. The stock’s fifty day moving average price is $82.13 and its two-hundred day moving average price is $111.31. The firm has a market cap of $16.88 billion, a price-to-earnings ratio of 11.92, a P/E/G ratio of 2.20 and a beta of 0.45. Dollar General Co. has a one year low of $73.51 and a one year high of $168.07. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.22 and a quick ratio of 0.24.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 29th. The company reported $1.70 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.09). Dollar General had a net margin of 3.57% and a return on equity of 20.62%. The company had revenue of $10.21 billion during the quarter, compared to analyst estimates of $10.37 billion. During the same period in the prior year, the firm earned $2.13 earnings per share. Dollar General’s revenue was up 4.2% on a year-over-year basis. On average, equities analysts forecast that Dollar General Co. will post 5.86 EPS for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $2.36 annualized dividend and a yield of 3.07%. Dollar General’s dividend payout ratio is currently 36.65%.

Dollar General 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.