Andra AP fonden Has $9.11 Million Stock Position in Dollar General Corporation $DG

Andra AP fonden raised its position in Dollar General Corporation (NYSE:DG) by 292.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,733 shares of the company’s stock after acquiring an additional 57,200 shares during the quarter. Andra AP fonden’s holdings in Dollar General were worth $9,111,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fideuram Asset Management Ireland dac bought a new stake in Dollar General in the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after purchasing an additional 182 shares during the last quarter. Evergreen Advisors LLC acquired a new position in shares of Dollar General in the first quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after purchasing an additional 79 shares during the period. Finally, Reflection Asset Management acquired a new stake in shares of Dollar General during the 4th quarter worth about $28,000. 91.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DG. Rothschild & Co Redburn decreased their price target on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday, May 18th. Jefferies Financial Group decreased their price target on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Loop Capital increased their price target on shares of Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a research report on Wednesday, June 3rd. Finally, Freedom Capital lowered shares of Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dollar General currently has an average rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

Shares of DG opened at $123.28 on Wednesday. The stock has a market capitalization of $27.19 billion, a P/E ratio of 17.44, a price-to-earnings-growth ratio of 1.90 and a beta of 0.25. The firm’s fifty day simple moving average is $112.67 and its two-hundred day simple moving average is $127.36. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The firm had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, analysts predict that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is 33.38%.

Dollar General Company Profile

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.