Dollar General Co. (NYSE:DG) Shares Sold by Fiduciary Group LLC

Fiduciary Group LLC cut its holdings in Dollar General Co. (NYSE:DGGet Rating) by 4.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,475 shares of the company’s stock after selling 740 shares during the quarter. Fiduciary Group LLC’s holdings in Dollar General were worth $3,898,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Gilbert & Cook Inc. lifted its stake in shares of Dollar General by 4.0% during the second quarter. Gilbert & Cook Inc. now owns 1,058 shares of the company’s stock valued at $260,000 after buying an additional 41 shares during the period. Assenagon Asset Management S.A. raised its stake in Dollar General by 2.5% during the second quarter. Assenagon Asset Management S.A. now owns 1,785 shares of the company’s stock worth $438,000 after purchasing an additional 43 shares during the period. McIlrath & Eck LLC raised its stake in Dollar General by 51.8% during the second quarter. McIlrath & Eck LLC now owns 129 shares of the company’s stock worth $32,000 after purchasing an additional 44 shares during the period. Benchmark Investment Advisors LLC raised its stake in Dollar General by 0.5% during the second quarter. Benchmark Investment Advisors LLC now owns 9,105 shares of the company’s stock worth $2,235,000 after purchasing an additional 44 shares during the period. Finally, Seascape Capital Management grew its holdings in Dollar General by 0.3% during the 1st quarter. Seascape Capital Management now owns 14,894 shares of the company’s stock valued at $3,316,000 after purchasing an additional 45 shares in the last quarter. 91.61% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Stock Down 0.4 %

NYSE DG traded down $1.13 during trading on Thursday, reaching $256.33. The company’s stock had a trading volume of 1,183,091 shares, compared to its average volume of 1,642,112. The company has a current ratio of 1.02, a quick ratio of 0.10 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $57.82 billion, a PE ratio of 25.53, a PEG ratio of 2.01 and a beta of 0.40. The business has a 50-day moving average price of $246.05 and a 200-day moving average price of $241.67. Dollar General Co. has a 1-year low of $183.25 and a 1-year high of $262.20.

Dollar General (NYSE:DGGet Rating) last announced its earnings results on Thursday, August 25th. The company reported $2.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.05. Dollar General had a net margin of 6.55% and a return on equity of 37.64%. The business had revenue of $9.43 billion for the quarter, compared to analyst estimates of $9.40 billion. During the same quarter in the previous year, the firm posted $2.69 earnings per share. Dollar General’s revenue was up 9.0% compared to the same quarter last year. On average, research analysts forecast that Dollar General Co. will post 11.57 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Dollar General news, EVP Rhonda Taylor sold 44,363 shares of the company’s stock in a transaction dated Friday, August 26th. The shares were sold at an average price of $243.04, for a total transaction of $10,781,983.52. Following the transaction, the executive vice president now directly owns 37,755 shares in the company, valued at approximately $9,175,975.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, EVP Rhonda Taylor sold 44,363 shares of the firm’s stock in a transaction that occurred on Friday, August 26th. The shares were sold at an average price of $243.04, for a total transaction of $10,781,983.52. Following the completion of the transaction, the executive vice president now directly owns 37,755 shares of the company’s stock, valued at approximately $9,175,975.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO John W. Garratt sold 4,807 shares of the firm’s stock in a transaction that occurred on Friday, August 26th. The stock was sold at an average price of $244.90, for a total transaction of $1,177,234.30. Following the transaction, the chief financial officer now directly owns 27,420 shares of the company’s stock, valued at $6,715,158. The disclosure for this sale can be found here. Insiders have sold a total of 285,422 shares of company stock worth $68,676,137 in the last 90 days. Corporate insiders own 0.73% of the company’s stock.

Analyst Upgrades and Downgrades

DG has been the subject of a number of recent analyst reports. Truist Financial raised their price target on shares of Dollar General from $227.00 to $262.00 and gave the company a “hold” rating in a report on Friday, August 5th. Telsey Advisory Group raised their price target on shares of Dollar General from $260.00 to $280.00 and gave the stock an “outperform” rating in a research report on Monday, August 22nd. Morgan Stanley raised their price target on shares of Dollar General from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Friday, August 26th. JPMorgan Chase & Co. lifted their price objective on shares of Dollar General from $287.00 to $294.00 in a research report on Friday, September 16th. Finally, Piper Sandler lifted their price objective on shares of Dollar General from $265.00 to $273.00 and gave the company an “overweight” rating in a research report on Friday, August 26th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $269.85.

Dollar General Profile

(Get Rating)

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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