Krilogy Financial LLC Acquires New Shares in Dollar General Corporation $DG

Krilogy Financial LLC acquired a new position in Dollar General Corporation (NYSE:DG) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 8,487 shares of the company’s stock, valued at approximately $854,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Arrowstreet Capital Limited Partnership grew its stake in shares of Dollar General by 116.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock worth $310,538,000 after acquiring an additional 1,458,093 shares during the period. Norges Bank purchased a new stake in Dollar General in the second quarter worth approximately $154,371,000. Massachusetts Financial Services Co. MA grew its position in Dollar General by 15,369.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,219,179 shares of the company’s stock worth $139,450,000 after purchasing an additional 1,211,298 shares during the period. Laurel Wealth Advisors LLC raised its stake in Dollar General by 10,936.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,204,193 shares of the company’s stock valued at $137,736,000 after buying an additional 1,193,282 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of Dollar General by 845.0% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,178,232 shares of the company’s stock valued at $134,766,000 after buying an additional 1,053,555 shares during the period. Institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on DG shares. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $130.00 price objective (up previously from $123.00) on shares of Dollar General in a report on Thursday, December 4th. Wells Fargo & Company boosted their price target on Dollar General from $115.00 to $125.00 and gave the company an “equal weight” rating in a research note on Friday, December 19th. Oppenheimer upped their price target on shares of Dollar General from $138.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. BNP Paribas Exane raised their price objective on shares of Dollar General from $118.00 to $127.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Finally, Daiwa Securities Group upped their target price on shares of Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Fourteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat.com, Dollar General has a consensus rating of “Hold” and a consensus price target of $144.22.

Insider Transactions at Dollar General

In other Dollar General news, EVP Rhonda Taylor sold 7,500 shares of the company’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 value 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 $9,913,335.88. This represents a 9.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Tracey N. Herrmann sold 12,583 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $125.07, for a total transaction of $1,573,755.81. Following the sale, the executive vice president directly owned 30,948 shares of the company’s stock, valued at approximately $3,870,666.36. This trade represents a 28.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 58,673 shares of company stock valued at $7,713,389. 0.56% of the stock is owned by corporate insiders.

Dollar General Price Performance

NYSE DG opened at $153.76 on Friday. 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 12 month low of $70.01 and a 12 month high of $154.75. 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’s 50 day moving average is $141.54 and its two-hundred day moving average is $118.48.

Dollar General (NYSE:DG) last announced its quarterly earnings data 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 firm had revenue of $10.65 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the prior year, the company posted $0.89 earnings per share. The company’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, research analysts anticipate that Dollar General Corporation will post 5.75 earnings per share 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 $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Tuesday, January 6th. Dollar General’s payout ratio is presently 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.