Caprock Group LLC Invests $1.76 Million in Dollar General Corporation $DG

Caprock Group LLC acquired a new stake in Dollar General Corporation (NYSE:DG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 16,158 shares of the company’s stock, valued at approximately $1,757,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DG. Bryn Mawr Trust Advisors LLC bought a new position in Dollar General in the 3rd quarter valued at about $8,803,000. Arista Wealth Management LLC acquired a new stake in shares of Dollar General in the 3rd quarter worth approximately $351,000. Allianz Asset Management GmbH increased its stake in shares of Dollar General by 16.3% during the third quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock valued at $83,263,000 after acquiring an additional 112,862 shares during the period. Vanguard Group Inc. lifted its position in Dollar General by 1.5% in the second 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. Finally, Jones Financial Companies Lllp boosted its stake in Dollar General by 5.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 555,176 shares of the company’s stock valued at $56,749,000 after purchasing an additional 28,349 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

Shares of DG opened at $153.76 on Friday. The company has a 50-day moving average of $141.54 and a two-hundred day moving average of $118.48. The stock has a market cap of $33.85 billion, a price-to-earnings ratio of 26.56, a PEG ratio of 2.47 and a beta of 0.25. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. Dollar General Corporation has a one year low of $70.01 and a one year high of $154.75.

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

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th were issued 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 1.5%. Dollar General’s dividend payout ratio is currently 40.76%.

Insiders Place Their Bets

In other Dollar General news, EVP Bryan D. Wheeler sold 9,776 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the completion of the sale, the executive vice president owned 22,295 shares of the company’s stock, valued at $3,016,959.40. This represents a 30.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Tracey N. Herrmann sold 12,583 shares of Dollar General stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $125.07, for a total value of $1,573,755.81. Following the sale, the executive vice president directly owned 30,948 shares in the company, valued at approximately $3,870,666.36. This trade represents a 28.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,673 shares of company stock worth $7,713,389 in the last three months. 0.56% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DG. Argus boosted their price objective on Dollar General from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. BMO Capital Markets boosted their price target on shares of Dollar General from $115.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, December 5th. Jefferies Financial Group reissued a “buy” rating and issued a $165.00 price target on shares of Dollar General in a report on Monday, January 12th. Evercore ISI lifted their price objective on shares of Dollar General from $143.00 to $145.00 in a research note on Tuesday, February 3rd. Finally, Morgan Stanley increased their target price on shares of Dollar General from $135.00 to $160.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $144.22.

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.