85,176 Shares in Dollar General Corporation $DG Purchased by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC purchased a new stake in shares of Dollar General Corporation (NYSE:DG) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 85,176 shares of the company’s stock, valued at approximately $8,803,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Dollar General by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 26,817,649 shares of the company’s stock worth $3,067,403,000 after purchasing an additional 384,447 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Dollar General by 116.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock valued at $310,538,000 after buying an additional 1,458,093 shares during the period. Baupost Group LLC MA boosted its holdings in shares of Dollar General by 26.7% during the 2nd quarter. Baupost Group LLC MA now owns 2,666,876 shares of the company’s stock valued at $305,037,000 after buying an additional 562,000 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Dollar General by 4.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,778,479 shares of the company’s stock worth $203,422,000 after buying an additional 70,588 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in Dollar General by 3.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,513,611 shares of the company’s stock valued at $173,130,000 after acquiring an additional 43,602 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Loop Capital raised their target price on shares of Dollar General from $100.00 to $120.00 and gave the company a “hold” rating in a research note on Friday, December 5th. BNP Paribas Exane lifted their price objective on Dollar General from $118.00 to $127.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. The Goldman Sachs Group raised Dollar General from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Guggenheim raised their price target on Dollar General from $125.00 to $140.00 and gave the company a “buy” rating in a report on Friday, December 5th. Finally, Piper Sandler increased their price objective 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. Fourteen investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $141.27.

Insider Buying and Selling

In other news, EVP Carman R. Wenkoff sold 19,166 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $132.01, for a total transaction 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 $5,700,059.79. This represents a 30.74% 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 Rhonda Taylor sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $134.89, for a total transaction of $1,011,675.00. Following the completion of the transaction, the executive vice president directly owned 73,492 shares in the company, valued at approximately $9,913,335.88. The trade was a 9.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 58,673 shares of company stock valued at $7,713,389 in the last 90 days. Insiders own 0.56% of the company’s stock.

Dollar General Stock Performance

Shares of NYSE DG opened at $143.42 on Friday. The firm’s 50-day moving average price is $134.45 and its 200-day moving average price is $115.83. Dollar General Corporation has a 52-week low of $69.32 and a 52-week high of $154.75. The company has a market cap of $31.57 billion, a PE ratio of 24.77, a PEG ratio of 2.57 and a beta of 0.26. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63.

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

Dollar General Dividend Announcement

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

Dollar General 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.