Burney Co. bought a new stake in Dollar General Corporation (NYSE:DG – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,424 shares of the company’s stock, valued at approximately $1,000,000.
A number of other hedge funds have also bought and sold shares of DG. Swedbank AB boosted its holdings in shares of Dollar General by 49.8% in the 1st quarter. Swedbank AB now owns 608,408 shares of the company’s stock worth $72,236,000 after buying an additional 202,210 shares during the last quarter. Integrated Advisors Network LLC bought a new position in shares of Dollar General during the 1st quarter valued at approximately $225,000. Whittier Trust Co. of Nevada Inc. grew its position in shares of Dollar General by 8.4% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 67,503 shares of the company’s stock valued at $8,439,000 after acquiring an additional 5,242 shares during the period. Whittier Trust Co. increased its stake in shares of Dollar General by 10.1% during the 1st quarter. Whittier Trust Co. now owns 119,182 shares of the company’s stock worth $14,899,000 after purchasing an additional 10,981 shares during the last quarter. Finally, Howe & Rusling Inc. purchased a new stake in shares of Dollar General during the 1st quarter worth approximately $225,000. 91.77% of the stock is currently owned by institutional investors.
Dollar General Price Performance
Dollar General stock opened at $114.85 on Thursday. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The business has a fifty day moving average price of $110.99 and a 200-day moving average price of $128.23. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The firm has a market capitalization of $25.34 billion, a P/E ratio of 16.25, a PEG ratio of 1.76 and a beta of 0.25.
Dollar General Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be given 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 is Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is 33.38%.
Wall Street Analysts Forecast Growth
DG has been the topic of several research analyst reports. Evercore dropped their price objective on Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. Citigroup decreased their target price on Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Wall Street Zen lowered Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Telsey Advisory Group dropped their price target on Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Finally, UBS Group reiterated a “buy” rating on shares of Dollar General in a research note on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $131.27.
Check Out Our Latest Analysis on DG
Trending Headlines about Dollar General
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: Dollar General is promoting a back-to-school campaign with low-cost classroom essentials, teacher discounts, and sweepstakes, which could support traffic and sales during an important seasonal buying period. Dollar General (DG) Launches Back To School Campaign For Families And Teachers
- Positive Sentiment: Several reports say the retailer’s back-to-school deals and $1 everyday items are drawing attention, reinforcing its value proposition for budget-conscious shoppers. Dollar General breaks out back-to-school deals
- Positive Sentiment: A valuation-focused article argues Dollar General still screens as undervalued on DCF and market multiples after a 43.5% decline over five years, suggesting potential upside if earnings remain stable. Is Dollar General (DG) Still Undervalued After A 43% Five Year Fall?
- Neutral Sentiment: Additional coverage notes the back-to-school push is putting Dollar General’s valuation back in focus, but the story is mainly about investor attention rather than a new fundamental catalyst. Dollar General (DG) Back To School Push Puts Its Valuation Back In Focus
- Neutral Sentiment: Company press coverage also highlighted convenient delivery options and seasonal value offerings, which support the retailer’s positioning but do not yet indicate a major earnings surprise. Dollar General’s Back-to-School Season Offers Big Value with $1 Every Day Items and Convenient Delivery Options
About Dollar General
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.
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