Dollar General Corporation $DG Shares Acquired by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd boosted its holdings in Dollar General Corporation (NYSE:DG) by 14.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 28,008 shares of the company’s stock after buying an additional 3,480 shares during the period. UniSuper Management Pty Ltd’s holdings in Dollar General were worth $2,895,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Dollar General by 4.7% during 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 in the last quarter. NewEdge Advisors LLC lifted its holdings in Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after buying an additional 1,148 shares in the last quarter. Woodline Partners LP boosted its position in Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after buying an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Dollar General during the second quarter valued at about $211,000. Finally, Perigon Wealth Management LLC increased its position in shares of Dollar General by 2.6% during the second quarter. Perigon Wealth Management LLC now owns 7,001 shares of the company’s stock worth $801,000 after acquiring an additional 178 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Stock Up 2.4%

DG stock opened at $150.50 on Tuesday. The firm has a market cap of $33.13 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 2.66 and a beta of 0.26. Dollar General Corporation has a 1-year low of $69.32 and a 1-year high of $154.75. The firm has a fifty day moving average price of $131.00 and a two-hundred day moving average price of $114.99. 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 (NYSE:DG) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, topping 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 period last year, the firm posted $0.89 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Research analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared 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. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Tuesday, January 6th. Dollar General’s dividend payout ratio is presently 40.76%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on DG shares. Morgan Stanley raised their price objective on Dollar General from $135.00 to $160.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. BMO Capital Markets upped their price target 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. Piper Sandler raised their price objective on shares of Dollar General from $117.00 to $129.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Citigroup upped their target price on shares of Dollar General from $112.00 to $138.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Finally, The Goldman Sachs Group upgraded Dollar General from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Fourteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $140.19.

Insider Buying and Selling at Dollar General

In related news, CAO Anita C. Elliott sold 2,516 shares of the company’s stock in a transaction on Friday, December 12th. The stock was 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 in the company, valued at $3,888,666.88. This represents a 7.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Carman R. Wenkoff sold 19,166 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were 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 in the company, valued at $5,700,059.79. The trade was a 30.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 58,673 shares of company stock worth $7,713,389. 0.56% of the stock is owned by company insiders.

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.