First National Bank of Omaha Takes Position in Dollar General Corporation $DG

First National Bank of Omaha purchased a new position in shares of Dollar General Corporation (NYSE:DG) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,156 shares of the company’s stock, valued at approximately $1,876,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DG. Elevation Point Wealth Partners LLC bought a new position in Dollar General in the 2nd quarter worth approximately $25,000. Caldwell Trust Co bought a new stake in shares of Dollar General during the second quarter worth $25,000. Atlantic Union Bankshares Corp acquired a new position in shares of Dollar General during the second quarter valued at $26,000. Root Financial Partners LLC bought a new position in Dollar General in the third quarter valued at about $26,000. Finally, Peoples Financial Services CORP. acquired a new stake in Dollar General in the third quarter worth about $35,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Insider Buying and Selling

In other Dollar General news, CAO Anita C. Elliott sold 2,516 shares of Dollar General stock in a transaction on Friday, December 12th. The shares were sold at an average price of $132.52, for a total value of $333,420.32. Following the sale, the chief accounting officer directly owned 29,344 shares in the company, valued at approximately $3,888,666.88. The trade was a 7.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rhonda Taylor sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were 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 owned 73,492 shares of the company’s stock, valued at approximately $9,913,335.88. This represents a 9.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,673 shares of company stock valued at $7,713,389 over the last ninety days. Insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Argus upped their target price on shares of Dollar General from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Wall Street Zen raised shares of Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Loop Capital upped their target price on shares of Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 6th. BNP Paribas Exane increased their price target on Dollar General from $118.00 to $127.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Finally, JPMorgan Chase & Co. upped their price objective on Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a report on Friday, January 9th. Fourteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $144.44.

Dollar General Stock Up 1.6%

Shares of Dollar General stock opened at $152.04 on Thursday. Dollar General Corporation has a 1 year low of $70.01 and a 1 year high of $155.00. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. The company has a market capitalization of $33.47 billion, a P/E ratio of 26.26, a price-to-earnings-growth ratio of 2.49 and a beta of 0.25. The business has a 50-day moving average of $143.14 and a two-hundred day moving average of $119.52.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.33. The business had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.Dollar General’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, equities analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Investors of record on Tuesday, January 6th were issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, January 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.6%. Dollar General’s dividend payout ratio (DPR) is presently 40.76%.

Dollar General Company 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.