Banco Bilbao Vizcaya Argentaria S.A. Has $4.31 Million Stake in Dollar General Corporation $DG

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Dollar General Corporation by 24.9%, owning 49,023 shares valued at approximately $4.31 million as of the latest SEC filing.
• Dollar General reported a quarterly earnings per share (EPS) of $1.78, exceeding analysts' expectations of $1.46, with a year-over-year revenue growth of 5.3% to $10.44 billion.
• The company declared a quarterly dividend of $0.59 per share, resulting in an annualized dividend yield of 2.1% and a dividend payout ratio of 45.04%.

Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in Dollar General Corporation (NYSE:DG - Free Report) by 24.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,023 shares of the company's stock after purchasing an additional 9,778 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Dollar General were worth $4,306,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Studio Investment Management LLC boosted its position in Dollar General by 16.4% during the fourth quarter. Studio Investment Management LLC now owns 989 shares of the company's stock valued at $75,000 after acquiring an additional 139 shares during the last quarter. Eagle Rock Investment Company LLC boosted its position in Dollar General by 0.5% during the first quarter. Eagle Rock Investment Company LLC now owns 28,983 shares of the company's stock valued at $2,548,000 after acquiring an additional 156 shares during the last quarter. CVA Family Office LLC boosted its position in Dollar General by 39.4% during the first quarter. CVA Family Office LLC now owns 570 shares of the company's stock valued at $50,000 after acquiring an additional 161 shares during the last quarter. Allworth Financial LP boosted its position in Dollar General by 12.1% during the first quarter. Allworth Financial LP now owns 1,519 shares of the company's stock valued at $142,000 after acquiring an additional 164 shares during the last quarter. Finally, Bogart Wealth LLC boosted its position in Dollar General by 37.6% during the first quarter. Bogart Wealth LLC now owns 674 shares of the company's stock valued at $59,000 after acquiring an additional 184 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Price Performance

DG stock opened at $114.86 on Thursday. The stock has a market capitalization of $25.28 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 2.76 and a beta of 0.31. The company's 50-day moving average is $112.15 and its 200-day moving average is $96.23. 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 1 year low of $66.43 and a 1 year high of $126.98.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings data on Tuesday, June 3rd. The company reported $1.78 earnings per share (EPS) for the quarter, topping 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 company had revenue of $10.44 billion for the quarter, compared to analysts' expectations of $10.25 billion. During the same quarter in the prior year, the firm earned $1.65 EPS. The business's revenue 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 EPS for the current fiscal year.

Dollar General Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts have commented on DG shares. JPMorgan Chase & Co. upped their price target on shares of Dollar General from $88.00 to $95.00 and gave the company a "neutral" rating in a research report on Wednesday, June 4th. Gordon Haskett raised shares of Dollar General from a "reduce" rating to an "accumulate" rating in a research report on Tuesday, June 3rd. Piper Sandler upped their price target on shares of Dollar General from $112.00 to $115.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. UBS Group increased their price objective on shares of Dollar General from $120.00 to $128.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Finally, Raymond James Financial increased their price objective on shares of Dollar General from $100.00 to $125.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat.com, Dollar General currently has an average rating of "Hold" and an average target price of $108.80.

Insider Transactions at Dollar General

In related news, EVP Kathleen A. Reardon sold 6,438 shares of the company's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $111.56, for a total value of $718,223.28. Following the sale, the executive vice president owned 41,646 shares in the company, valued at $4,646,027.76. This represents a 13.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Emily C. Taylor sold 1,969 shares of the company's stock in a transaction dated 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 owned 46,563 shares in the company, valued at $5,261,619. This represents a 4.06% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.56% of the company's stock.

About Dollar General

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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