Rep. Dan Newhouse Sells Dollar General Co. (NYSE:DG) Shares

Representative Dan Newhouse (R-Washington) recently sold shares of Dollar General Co. NYSE: DG. In a filing disclosed on May 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Dollar General stock on April 11th.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Union Pacific NYSE: UNP on 4/11/2025.
• Sold $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 4/11/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Moody's NYSE: MCO on 4/11/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 4/11/2025.
• Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 4/11/2025.

Dollar General Stock Performance

Shares of NYSE:DG traded up $0.44 during trading on Friday, hitting $101.08. The stock had a trading volume of 489,589 shares, compared to its average volume of 4,011,435. Dollar General Co. has a 12-month low of $66.43 and a 12-month high of $145.94. The stock has a 50-day simple moving average of $90.57 and a two-hundred day simple moving average of $80.49. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $22.23 billion, a price-to-earnings ratio of 16.62, a price-to-earnings-growth ratio of 2.18 and a beta of 0.27.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.51 by $0.17. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.26 billion. During the same period in the prior year, the firm earned $1.83 EPS. The business's revenue for the quarter was up 4.5% on a year-over-year basis. On average, equities research analysts expect that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.59 per share. The ex-dividend date was Tuesday, April 8th. This represents a $2.36 annualized dividend and a yield of 2.33%. Dollar General's payout ratio is presently 46.18%.

Institutional Investors Weigh In On Dollar General

A number of large investors have recently made changes to their positions in DG. Ancora Advisors LLC grew its stake in shares of Dollar General by 1.7% in the 1st quarter. Ancora Advisors LLC now owns 7,258 shares of the company's stock valued at $638,000 after buying an additional 122 shares during the period. Studio Investment Management LLC raised its stake in shares of Dollar General by 16.4% in 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 in the last quarter. Deseret Mutual Benefit Administrators grew its position in shares of Dollar General by 8.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,884 shares of the company's stock worth $143,000 after buying an additional 150 shares in the last quarter. Eagle Rock Investment Company LLC raised its holdings in shares of Dollar General by 0.5% in the 1st quarter. Eagle Rock Investment Company LLC now owns 28,983 shares of the company's stock valued at $2,548,000 after purchasing an additional 156 shares in the last quarter. Finally, CVA Family Office LLC lifted its holdings in 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 buying an additional 161 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $94.72, for a total value of $76,628.48. Following the completion of the sale, the executive vice president now owns 48,532 shares in the company, valued at approximately $4,596,951.04. The trade was a 1.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.56% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DG has been the topic of several analyst reports. Melius raised Dollar General from a "hold" rating to a "buy" rating and set a $110.00 target price on the stock in a report on Tuesday, April 8th. Gordon Haskett cut shares of Dollar General from a "hold" rating to a "reduce" rating in a research note on Wednesday, April 9th. Guggenheim boosted their target price on shares of Dollar General from $100.00 to $105.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. The Goldman Sachs Group increased their price target on shares of Dollar General from $85.00 to $96.00 and gave the stock a "buy" rating in a report on Monday. Finally, Truist Financial lifted their price objective on shares of Dollar General from $76.00 to $93.00 and gave the company a "hold" rating in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $95.48.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington's 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington's 4th Congressional District. He won in the general election on November 5, 2024. Click here to see Newhouse's key votes in Congress. Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013. Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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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