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

Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Dollar General Co. (NYSE:DG) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 711 shares of the company’s stock, valued at approximately $60,000.

Other hedge funds also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Dollar General in the third quarter valued at $33,000. Providence First Trust Co acquired a new position in Dollar General in the 4th quarter worth $33,000. Bogart Wealth LLC boosted its position 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 buying an additional 361 shares during the last quarter. Venturi Wealth Management LLC grew its stake 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 valued at $38,000 after acquiring an additional 278 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Dollar General during the fourth quarter worth about $39,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Bank of America raised Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 price target for the company in a report on Friday, December 6th. Wells Fargo & Company reduced their target price on Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a research note on Thursday, December 5th. Jefferies Financial Group decreased their price target on shares of Dollar General from $110.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, November 15th. BMO Capital Markets upped their price target on shares of Dollar General from $80.00 to $84.00 and gave the company a “market perform” rating in a report on Friday, December 6th. Finally, Evercore ISI decreased their price objective on shares of Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a report on Tuesday, December 3rd. 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 stock. According to data from MarketBeat.com, Dollar General has a consensus rating of “Hold” and an average price target of $95.09.

Dollar General Stock Down 4.9 %

DG stock opened at $78.71 on Wednesday. The stock has a market cap of $17.31 billion, a PE ratio of 12.97, a price-to-earnings-growth ratio of 2.18 and a beta of 0.44. The firm’s 50-day simple moving average is $73.54 and its 200 day simple moving average is $78.72. Dollar General Co. has a fifty-two week low of $66.43 and a fifty-two week high of $168.07. The company has a quick ratio of 0.15, a current ratio of 1.15 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 business’s stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the completion of the transaction, the director now 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 legal filing with the SEC, which can be accessed through this link. Also, EVP Emily C. Taylor sold 4,740 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $77.44, for a total value of $367,065.60. Following 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. 0.49% of the stock is owned by insiders.

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.