711 Shares in Dollar General Co. (NYSE:DG) Acquired by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Dollar General Co. (NYSE:DG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 711 shares of the company’s stock, valued at approximately $60,000.

Several other hedge funds also recently modified their holdings of DG. Wilmington Savings Fund Society FSB bought a new position in Dollar General during the third quarter valued at about $33,000. Providence First Trust Co acquired a new stake in Dollar General in the 4th quarter valued at about $33,000. Bogart Wealth LLC lifted its holdings in Dollar General by 279.8% in the 4th quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 361 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of Dollar General by 126.4% during the 4th quarter. Venturi Wealth Management LLC now owns 498 shares of the company’s stock valued at $38,000 after purchasing an additional 278 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of Dollar General in the 4th quarter worth approximately $39,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Dollar General

In other Dollar General news, 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 transaction of $451,620.00. Following the transaction, the director now directly owns 120,322 shares in the company, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Emily C. Taylor sold 4,740 shares of the company’s 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 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 disclosure for this sale can be found here. 0.49% of the stock is currently owned by company insiders.

Dollar General Stock Performance

Shares of DG stock opened at $78.71 on Wednesday. Dollar General Co. has a fifty-two week low of $66.43 and a fifty-two week high of $168.07. The stock’s 50-day moving average is $73.54 and its two-hundred day moving average is $78.72. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. The firm has a market cap of $17.31 billion, a P/E ratio of 12.97, a PEG ratio of 2.18 and a beta of 0.44.

Wall Street Analyst Weigh In

Several analysts recently commented on DG shares. Telsey Advisory Group cut their target price on shares of Dollar General from $88.00 to $85.00 and set a “market perform” rating for the company in a research note on Thursday, March 6th. Bank of America upgraded Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 price objective for the company in a research report on Friday, December 6th. Bernstein Bank decreased their target price on Dollar General from $98.00 to $94.00 in a report on Friday, November 15th. UBS Group reduced their target price on Dollar General from $108.00 to $95.00 and set a “buy” rating for the company in a report on Thursday, March 6th. Finally, The Goldman Sachs Group dropped their price target on Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $95.09.

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.