Markel Group Inc. Purchases 93,500 Shares of Dollar General Co. (NYSE:DG)

Markel Group Inc. raised its position in Dollar General Co. (NYSE:DG) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 835,750 shares of the company’s stock after purchasing an additional 93,500 shares during the quarter. Markel Group Inc. owned 0.38% of Dollar General worth $63,367,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Pzena Investment Management LLC raised its position in Dollar General by 14.9% in the fourth quarter. Pzena Investment Management LLC now owns 11,767,336 shares of the company’s stock valued at $892,199,000 after purchasing an additional 1,528,450 shares during the last quarter. Channing Capital Management LLC increased its stake in shares of Dollar General by 73.1% in the fourth quarter. Channing Capital Management LLC now owns 108,012 shares of the company’s stock valued at $8,189,000 after buying an additional 45,629 shares during the period. Marathon Trading Investment Management LLC acquired a new stake in shares of Dollar General in the fourth quarter valued at about $1,200,000. Daiwa Securities Group Inc. increased its stake in shares of Dollar General by 7.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 28,988 shares of the company’s stock valued at $2,198,000 after buying an additional 2,069 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Dollar General by 46.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 63,816 shares of the company’s stock valued at $4,839,000 after buying an additional 20,166 shares during the period. 91.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Dollar General

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

Dollar General Trading Up 1.4 %

Shares of Dollar General stock opened at $82.99 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. Dollar General Co. has a 52 week low of $66.43 and a 52 week high of $168.07. The stock has a 50 day moving average price of $73.48 and a two-hundred day moving average price of $79.03. The stock has a market capitalization of $18.25 billion, a PE ratio of 13.67, a price-to-earnings-growth ratio of 2.18 and a beta of 0.44.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DG. The Goldman Sachs Group decreased their price target on Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. Truist Financial decreased their price target on Dollar General from $94.00 to $83.00 and set a “hold” rating for the company in a research note on Friday, December 6th. Bank of America raised Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 price target for the company in a research note on Friday, December 6th. UBS Group decreased their price target on Dollar General from $108.00 to $95.00 and set a “buy” rating for the company in a research note on Thursday, March 6th. Finally, Bernstein Bank decreased their price target on Dollar General from $98.00 to $94.00 in a research note on Friday, November 15th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Dollar General has an average rating of “Hold” and an average target price of $95.09.

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.