Banco Bilbao Vizcaya Argentaria S.A. Raises Position in Dollar General Corporation $DG

Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of Dollar General Corporation (NYSE:DG) by 24.9% in the 1st quarter, HoldingsChannel reports. The firm owned 49,023 shares of the company’s stock after buying an additional 9,778 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Dollar General were worth $4,306,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Ameriflex Group Inc. purchased a new stake in shares of Dollar General during the 4th quarter worth approximately $31,000. Mountain Hill Investment Partners Corp. increased its stake in shares of Dollar General by 66.7% during the 1st quarter. Mountain Hill Investment Partners Corp. now owns 500 shares of the company’s stock worth $44,000 after purchasing an additional 200 shares during the last quarter. Golden State Wealth Management LLC increased its stake in shares of Dollar General by 170.1% during the 1st quarter. Golden State Wealth Management LLC now owns 543 shares of the company’s stock worth $48,000 after purchasing an additional 342 shares during the last quarter. CVA Family Office LLC increased its stake in shares of Dollar General by 39.4% during the 1st quarter. CVA Family Office LLC now owns 570 shares of the company’s stock worth $50,000 after purchasing an additional 161 shares during the last quarter. Finally, Fourth Dimension Wealth LLC purchased a new stake in shares of Dollar General during the 4th quarter worth approximately $52,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Up 1.8%

DG opened at $114.86 on Thursday. The company has a fifty day moving average price of $112.15 and a 200-day moving average price of $96.23. The firm has a market capitalization of $25.28 billion, a P/E ratio of 21.92, a price-to-earnings-growth ratio of 2.76 and a beta of 0.31. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.23 and a quick ratio of 0.20. Dollar General Corporation has a one year low of $66.43 and a one year high of $126.98.

Dollar General (NYSE:DG) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.32. Dollar General had a net margin of 2.81% and a return on equity of 17.93%. The firm had revenue of $10.44 billion during the quarter, compared to analyst estimates of $10.25 billion. During the same period in the previous year, the business earned $1.65 EPS. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 5.200-5.800 EPS. Equities research analysts expect that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 22nd. Stockholders of record on Tuesday, July 8th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, July 8th. Dollar General’s payout ratio is currently 45.04%.

Analyst Ratings Changes

Several research analysts recently commented on DG shares. KeyCorp reaffirmed a “sector weight” rating on shares of Dollar General in a report on Wednesday, June 4th. Piper Sandler raised their price objective on shares of Dollar General from $112.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Dollar General in a report on Tuesday, June 3rd. Gordon Haskett raised shares of Dollar General from a “reduce” rating to an “accumulate” rating in a report on Tuesday, June 3rd. Finally, Raymond James Financial raised their price objective on shares of Dollar General from $100.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat, Dollar General presently has an average rating of “Hold” and an average target price of $108.80.

Insiders Place Their Bets

In other news, EVP Kathleen A. Reardon sold 6,438 shares of Dollar General stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $111.56, for a total transaction of $718,223.28. Following the completion of the sale, the executive vice president directly owned 41,646 shares of the company’s stock, valued at approximately $4,646,027.76. The trade was a 13.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Emily C. Taylor sold 1,969 shares of the business’s stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $113.00, for a total transaction of $222,497.00. Following the completion of the sale, the executive vice president directly owned 46,563 shares of the company’s stock, valued at $5,261,619. This represents a 4.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.56% 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.