Dollar General (NYSE:DG) EVP Sells $637,241.50 in Stock

Dollar General Corporation (NYSE:DG) EVP Tracey Herrmann sold 4,850 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $131.39, for a total transaction of $637,241.50. Following the sale, the executive vice president owned 26,098 shares in the company, valued at $3,429,016.22. The trade was a 15.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Dollar General Trading Up 0.2%

Shares of DG stock opened at $132.97 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The stock has a fifty day simple moving average of $106.36 and a two-hundred day simple moving average of $108.50. The firm has a market capitalization of $29.27 billion, a PE ratio of 22.97, a PEG ratio of 2.42 and a beta of 0.27. Dollar General Corporation has a 52-week low of $66.43 and a 52-week high of $135.08.

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

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.8%. The ex-dividend date is Tuesday, January 6th. Dollar General’s dividend payout ratio is presently 40.76%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Severin Investments LLC purchased a new position in Dollar General in the third quarter worth about $497,000. Allworth Financial LP lifted its stake in shares of Dollar General by 52.9% in the 3rd quarter. Allworth Financial LP now owns 2,964 shares of the company’s stock valued at $306,000 after purchasing an additional 1,025 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Dollar General by 8.0% in the 3rd quarter. IFP Advisors Inc now owns 4,804 shares of the company’s stock worth $497,000 after purchasing an additional 357 shares during the period. Swiss Life Asset Management Ltd boosted its holdings in shares of Dollar General by 159.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 103,707 shares of the company’s stock worth $10,718,000 after purchasing an additional 63,676 shares during the period. Finally, Groupama Asset Managment bought a new position in shares of Dollar General during the 3rd quarter valued at approximately $392,000. Institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DG. Wells Fargo & Company lifted their price objective on shares of Dollar General from $105.00 to $115.00 and gave the company an “equal weight” rating in a research report on Friday, August 29th. JPMorgan Chase & Co. lifted their price target on shares of Dollar General from $115.00 to $128.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. BMO Capital Markets increased their price objective on shares of Dollar General from $115.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, December 5th. Raymond James Financial restated an “outperform” rating and set a $135.00 price objective on shares of Dollar General in a research report on Friday, December 5th. Finally, Daiwa Capital Markets boosted their target price on Dollar General from $113.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seventeen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $127.60.

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.