Dollar General Corporation $DG Stock Holdings Lifted by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S increased its holdings in Dollar General Corporation (NYSE:DG) by 511.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 70,175 shares of the company’s stock after buying an additional 58,689 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Dollar General were worth $7,253,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Dollar General by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after acquiring an additional 1,185 shares during the period. NewEdge Advisors LLC boosted its position in Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares during the period. Woodline Partners LP grew its stake in Dollar General by 40.7% during the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after buying an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Dollar General in the second quarter worth $211,000. Finally, Ameritas Advisory Services LLC bought a new stake in Dollar General in the second quarter valued at $101,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Insider Buying and Selling

In related news, EVP Rhonda Taylor sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $134.89, for a total value of $1,011,675.00. Following the sale, the executive vice president directly owned 73,492 shares in the company, valued at $9,913,335.88. The trade was a 9.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Bryan D. Wheeler sold 9,776 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the sale, the executive vice president owned 22,295 shares of the company’s stock, valued at $3,016,959.40. The trade was a 30.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,673 shares of company stock worth $7,713,389 in the last ninety days. Insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DG. Loop Capital upped their price target on shares of Dollar General from $100.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, December 5th. JPMorgan Chase & Co. raised their price target on shares of Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Truist Financial set a $144.00 price target on Dollar General in a report on Friday, January 16th. Gordon Haskett increased their price objective on Dollar General from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $130.00 target price (up from $123.00) on shares of Dollar General in a research report on Thursday, December 4th. Fourteen analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $142.85.

Dollar General Price Performance

Shares of NYSE:DG opened at $146.70 on Friday. The stock has a market cap of $32.29 billion, a price-to-earnings ratio of 25.34, a PEG ratio of 2.41 and a beta of 0.25. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. Dollar General Corporation has a 12 month low of $70.01 and a 12 month high of $154.75. The stock’s 50 day moving average price is $138.43 and its 200 day moving average price is $117.07.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.33. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The company had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.60 billion. During the same period last year, the firm earned $0.89 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Equities research analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th were given a $0.59 dividend. The ex-dividend date was Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.6%. Dollar General’s payout ratio is 40.76%.

Dollar General Company Profile

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.