3,875 Shares in Dollar General Co. (NYSE:DG) Purchased by Curi RMB Capital LLC

Curi RMB Capital LLC acquired a new stake in Dollar General Co. (NYSE:DG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,875 shares of the company’s stock, valued at approximately $328,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank & Trust Co acquired a new stake in Dollar General during the 2nd quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Dollar General during the 2nd quarter worth about $33,000. Studio Investment Management LLC boosted its holdings in shares of Dollar General by 117.7% during the 2nd quarter. Studio Investment Management LLC now owns 283 shares of the company’s stock worth $37,000 after buying an additional 153 shares during the period. Strategic Financial Concepts LLC acquired a new position in Dollar General in the 2nd quarter valued at about $37,000. Finally, TruNorth Capital Management LLC bought a new position in Dollar General in the 2nd quarter valued at about $39,000. 91.77% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DG has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reduced their price objective on Dollar General from $97.00 to $82.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Gordon Haskett upgraded Dollar General from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Oppenheimer reiterated a “market perform” rating on shares of Dollar General in a research report on Monday, August 26th. Loop Capital dropped their target price on Dollar General from $130.00 to $90.00 and set a “hold” rating for the company in a report on Friday, August 30th. Finally, Truist Financial lowered their price target on shares of Dollar General from $135.00 to $130.00 and set a “hold” rating on the stock in a research report on Monday, August 26th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Dollar General currently has a consensus rating of “Hold” and an average price target of $104.45.

Dollar General Trading Down 1.5 %

Shares of DG opened at $75.88 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.24 and a current ratio of 1.22. Dollar General Co. has a 52-week low of $73.51 and a 52-week high of $168.07. The firm has a market cap of $16.69 billion, a price-to-earnings ratio of 11.78, a PEG ratio of 2.24 and a beta of 0.45. The business’s fifty day moving average is $81.85 and its 200-day moving average is $110.38.

Dollar General (NYSE:DG) last released its earnings results on Thursday, August 29th. The company reported $1.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.09). The business had revenue of $10.21 billion during the quarter, compared to the consensus estimate of $10.37 billion. Dollar General had a net margin of 3.57% and a return on equity of 20.62%. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.13 EPS. Equities analysts anticipate that Dollar General Co. will post 5.86 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 22nd. Investors of record on Tuesday, October 8th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 3.11%. The ex-dividend date was Tuesday, October 8th. Dollar General’s payout ratio is 36.65%.

Insider Buying and Selling at Dollar General

In other news, Director Warren F. Bryant purchased 500 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were purchased at an average cost of $80.40 per share, with a total value of $40,200.00. Following the completion of the purchase, the director now owns 41,030 shares of the company’s stock, valued at $3,298,812. This trade represents a 1.23 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Steven R. Deckard sold 2,010 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $86.66, for a total value of $174,186.60. Following the completion of the transaction, the executive vice president now directly owns 2,887 shares of the company’s stock, valued at $250,187.42. This represents a 41.05 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.49% of the company’s stock.

Dollar General Company Profile

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.