Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Dollar General Co. (NYSE:DG)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Dollar General Co. (NYSE:DG). In a filing disclosed on February 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Dollar General stock on January 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 2/3/2025.
• Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 1/31/2025.
• Purchased $50,001 – $100,000 in shares of Hawaiian Electric Industries (NYSE:HE) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Agios Pharmaceuticals (NASDAQ:AGIO) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of U.S. Physical Therapy (NYSE:USPH) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 1/29/2025.

Dollar General Price Performance

DG traded down $0.64 during midday trading on Thursday, reaching $73.18. 1,696,747 shares of the company’s stock were exchanged, compared to its average volume of 3,337,502. Dollar General Co. has a one year low of $66.43 and a one year high of $168.07. 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 business has a 50-day simple moving average of $74.03 and a two-hundred day simple moving average of $84.94. The firm has a market capitalization of $16.09 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 2.08 and a beta of 0.43.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). The company had revenue of $10.18 billion during the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $1.26 earnings per share. As a group, research analysts predict that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th were given a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, January 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.23%. Dollar General’s dividend payout ratio is currently 38.88%.

Institutional Investors Weigh In On Dollar General

Institutional investors have recently made changes to their positions in the company. Pzena Investment Management LLC raised its stake in shares of Dollar General by 453.4% in the third quarter. Pzena Investment Management LLC now owns 10,238,886 shares of the company’s stock worth $865,903,000 after purchasing an additional 8,388,735 shares during the last quarter. First Eagle Investment Management LLC bought a new position in Dollar General during the fourth quarter valued at approximately $399,433,000. ACR Alpine Capital Research LLC raised its stake in Dollar General by 8,426.1% during the 4th quarter. ACR Alpine Capital Research LLC now owns 4,041,471 shares of the company’s stock valued at $306,424,000 after buying an additional 3,994,070 shares during the last quarter. Baupost Group LLC MA bought a new stake in shares of Dollar General in the third quarter worth $194,832,000. Finally, Norges Bank purchased a new stake in Dollar General during the fourth quarter valued at $140,421,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Insider Buying and Selling at Dollar General

In related news, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction on Friday, December 13th. The shares were sold at an average price of $77.44, for a total transaction of $367,065.60. Following the transaction, the executive vice president now owns 15,575 shares in the company, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael M. Calbert sold 6,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total transaction of $451,620.00. Following the sale, the director now directly owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. This trade represents a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.49% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DG shares. Truist Financial dropped their price objective on Dollar General from $94.00 to $83.00 and set a “hold” rating for the company in a report on Friday, December 6th. Sanford C. Bernstein began coverage on Dollar General in a report on Tuesday, October 22nd. They set an “outperform” rating and a $98.00 target price on the stock. Telsey Advisory Group decreased their price target on shares of Dollar General from $103.00 to $90.00 and set a “market perform” rating on the stock in a research note on Monday, December 2nd. Evercore ISI dropped their price target on Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a research note on Tuesday, December 3rd. Finally, Morgan Stanley lowered their price target on Dollar General from $100.00 to $80.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Dollar General presently has an average rating of “Hold” and an average target price of $96.77.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.