Inscription Capital LLC Invests $1.25 Million in Dollar General Corporation $DG

Inscription Capital LLC acquired a new position in shares of Dollar General Corporation (NYSE:DG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,072 shares of the company’s stock, valued at approximately $1,248,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new stake in shares of Dollar General in the 2nd quarter worth approximately $25,000. Caldwell Trust Co bought a new position in Dollar General during the 2nd quarter valued at approximately $25,000. Atlantic Union Bankshares Corp purchased a new position in Dollar General during the second quarter valued at $26,000. Root Financial Partners LLC bought a new stake in Dollar General in the third quarter worth $26,000. Finally, Peoples Financial Services CORP. purchased a new stake in shares of Dollar General in the third quarter worth $35,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on DG shares. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $130.00 price target (up previously from $123.00) on shares of Dollar General in a research report on Thursday, December 4th. Wall Street Zen raised shares of Dollar General from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Truist Financial set a $144.00 price target on shares of Dollar General in a report on Friday. Piper Sandler raised their price target on shares of Dollar General from $117.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Dollar General in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and fifteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $140.19.

Insider Transactions at Dollar General

In other news, EVP Bryan D. Wheeler sold 9,776 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $135.32, for a total value of $1,322,888.32. Following the transaction, the executive vice president owned 22,295 shares of the company’s stock, valued at $3,016,959.40. This trade represents a 30.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction, the executive vice president owned 73,492 shares of the company’s stock, valued at approximately $9,913,335.88. This trade represents a 9.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 58,673 shares of company stock worth $7,713,389 over the last three months. 0.56% of the stock is currently owned by insiders.

Dollar General Stock Down 1.5%

Dollar General stock opened at $146.58 on Wednesday. The stock has a market cap of $32.27 billion, a PE ratio of 25.32, a price-to-earnings-growth ratio of 2.70 and a beta of 0.26. 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 moving average of $127.53 and a 200 day moving average of $114.03. Dollar General Corporation has a one year low of $69.09 and a one year high of $154.75.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. The business had revenue of $10.65 billion during 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 quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, sell-side analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Announces Dividend

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

About Dollar General

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.