Thompson Siegel & Walmsley LLC Boosts Stake in Dollar General Co. (NYSE:DG)

Thompson Siegel & Walmsley LLC boosted its stake in shares of Dollar General Co. (NYSE:DG) by 28.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 405,745 shares of the company’s stock after acquiring an additional 89,702 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Dollar General were worth $30,764,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Dollar General during the third quarter worth $33,000. Providence First Trust Co acquired a new position in shares of Dollar General during the fourth quarter worth $33,000. Bogart Wealth LLC increased its position in shares of Dollar General by 279.8% during the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock worth $37,000 after purchasing an additional 361 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of Dollar General by 126.4% during the fourth quarter. Venturi Wealth Management LLC now owns 498 shares of the company’s stock worth $38,000 after purchasing an additional 278 shares in the last quarter. Finally, OFI Invest Asset Management acquired a new position in shares of Dollar General during the fourth quarter worth $37,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wells Fargo & Company cut their target price on Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. Citigroup cut their target price on Dollar General from $73.00 to $69.00 and set a “sell” rating on the stock in a research report on Friday, March 7th. Bank of America raised Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 target price on the stock in a research report on Friday, December 6th. Bernstein Bank cut their target price on Dollar General from $98.00 to $94.00 in a research report on Friday, November 15th. Finally, 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 research report on Tuesday, January 21st. One 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $95.09.

Dollar General Trading Down 4.9 %

Shares of Dollar General stock opened at $74.78 on Thursday. The firm has a market capitalization of $16.45 billion, a PE ratio of 12.32, a P/E/G ratio of 2.18 and a beta of 0.44. Dollar General Co. has a twelve month low of $66.43 and a twelve month high of $168.07. The firm’s 50-day moving average price is $73.52 and its 200 day moving average price is $78.69. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78.

Insiders Place Their Bets

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

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.