Dollar General Corporation $DG Shares Sold by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC trimmed its position in Dollar General Corporation (NYSE:DG) by 6.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,895,406 shares of the company’s stock after selling 282,436 shares during the period. Dollar General makes up approximately 6.9% of ACR Alpine Capital Research LLC’s holdings, making the stock its 6th biggest holding. ACR Alpine Capital Research LLC owned 1.77% of Dollar General worth $402,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 worth $2,314,000 after purchasing an additional 1,185 shares during the period. NewEdge Advisors LLC increased its position in shares of Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after buying an additional 1,148 shares in the last quarter. Woodline Partners LP raised 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 period. Sivia Capital Partners LLC bought a new position in Dollar General during the second quarter worth about $211,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Dollar General by 23.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 27,678 shares of the company’s stock valued at $3,158,000 after acquiring an additional 5,327 shares during the period. Institutional investors own 91.77% of the company’s stock.

Insider Activity at Dollar General

In other news, EVP Carman R. Wenkoff sold 19,166 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $132.01, for a total value of $2,530,103.66. Following the completion of the sale, the executive vice president owned 43,179 shares of the company’s stock, valued at approximately $5,700,059.79. This represents a 30.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Anita C. Elliott sold 2,516 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $132.52, for a total transaction of $333,420.32. Following the completion of the transaction, the chief accounting officer directly owned 29,344 shares of the company’s stock, valued at $3,888,666.88. This represents a 7.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 58,673 shares of company stock worth $7,713,389. Insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DG. Raymond James Financial reaffirmed an “outperform” rating and set a $135.00 price target on shares of Dollar General in a research report on Friday, December 5th. Loop Capital raised their target price on shares of Dollar General from $100.00 to $120.00 and gave the stock a “hold” rating in a report on Friday, December 5th. 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 note on Thursday, December 4th. Barclays increased their price objective on shares of Dollar General from $127.00 to $151.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $170.00 price objective on the stock in a report on Thursday, January 8th. Fourteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $140.19.

Dollar General Stock Down 1.7%

Shares of DG stock opened at $144.68 on Friday. The firm’s fifty day moving average price is $129.20 and its two-hundred day moving average price is $114.48. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63. Dollar General Corporation has a 1 year low of $69.32 and a 1 year high of $154.75. The firm has a market capitalization of $31.85 billion, a P/E ratio of 24.99, a PEG ratio of 2.67 and a beta of 0.26.

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

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders 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 annualized dividend and a dividend 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.