Dollar General Co. (NYSE:DG) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. cut its position in Dollar General Co. (NYSE:DG) by 13.8% in the fourth quarter, Holdings Channel reports. The firm owned 486 shares of the company’s stock after selling 78 shares during the period. Geneos Wealth Management Inc.’s holdings in Dollar General were worth $66,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in DG. D.A. Davidson & CO. boosted its position in shares of Dollar General by 21.6% in the 1st quarter. D.A. Davidson & CO. now owns 1,034 shares of the company’s stock valued at $230,000 after purchasing an additional 184 shares during the period. Dakota Wealth Management acquired a new stake in shares of Dollar General in the 1st quarter valued at about $474,000. Baird Financial Group Inc. raised its stake in Dollar General by 26.3% during the 1st quarter. Baird Financial Group Inc. now owns 58,834 shares of the company’s stock valued at $13,098,000 after acquiring an additional 12,262 shares during the last quarter. Covestor Ltd raised its stake in Dollar General by 156.4% during the 1st quarter. Covestor Ltd now owns 418 shares of the company’s stock valued at $93,000 after acquiring an additional 255 shares during the last quarter. Finally, Mackenzie Financial Corp raised its stake in Dollar General by 17.7% during the 1st quarter. Mackenzie Financial Corp now owns 71,629 shares of the company’s stock valued at $15,947,000 after acquiring an additional 10,773 shares during the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dollar General

In other news, EVP Carman R. Wenkoff sold 5,909 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $162.23, for a total transaction of $958,617.07. Following the sale, the executive vice president now owns 28,579 shares in the company, valued at $4,636,371.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Ralph Santana sold 3,009 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total transaction of $468,561.48. Following the sale, the director now owns 3,248 shares in the company, valued at $505,778.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Carman R. Wenkoff sold 5,909 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $162.23, for a total value of $958,617.07. Following the sale, the executive vice president now owns 28,579 shares in the company, valued at approximately $4,636,371.17. The disclosure for this sale can be found here. 0.49% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have commented on DG shares. Raymond James upped their price objective on Dollar General from $150.00 to $165.00 and gave the company an “outperform” rating in a research note on Friday, March 15th. Wells Fargo & Company upped their price objective on Dollar General from $125.00 to $155.00 and gave the company an “equal weight” rating in a research note on Friday, March 15th. BMO Capital Markets upped their price objective on Dollar General from $130.00 to $160.00 and gave the company a “market perform” rating in a research note on Friday, March 15th. Oppenheimer reaffirmed a “market perform” rating on shares of Dollar General in a research note on Wednesday, March 6th. Finally, Truist Financial upped their price objective on Dollar General from $125.00 to $140.00 and gave the company a “hold” rating in a research note on Friday, March 15th. Fifteen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, Dollar General presently has an average rating of “Hold” and an average price target of $153.08.

Dollar General Price Performance

Shares of NYSE:DG opened at $144.93 on Wednesday. The business’s fifty day moving average price is $149.05 and its two-hundred day moving average price is $133.71. The stock has a market cap of $31.84 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.64 and a beta of 0.42. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.15 and a current ratio of 1.19. Dollar General Co. has a one year low of $101.09 and a one year high of $222.99.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, March 14th. The company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.09. The firm had revenue of $9.86 billion for the quarter, compared to analysts’ expectations of $9.77 billion. Dollar General had a return on equity of 26.13% and a net margin of 4.29%. Dollar General’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.96 EPS. On average, analysts forecast that Dollar General Co. will post 7.28 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Monday, April 8th. Dollar General’s dividend payout ratio (DPR) is presently 31.22%.

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.