BI Asset Management Fondsmaeglerselskab A S Reduces Position in Dollar General Corporation $DG

BI Asset Management Fondsmaeglerselskab A S trimmed its position in Dollar General Corporation (NYSE:DG) by 42.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,823 shares of the company’s stock after selling 17,596 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Dollar General were worth $2,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Dollar General by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP raised its stake in shares of Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Dollar General during the second quarter worth about $211,000. Finally, Jump Financial LLC acquired a new stake in shares of Dollar General during the second quarter worth about $209,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. HSBC cut their price target on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, June 3rd. Guggenheim dropped their price objective on shares of Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Raymond James Financial reiterated an “outperform” rating and issued a $145.00 price objective on shares of Dollar General in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a report on Thursday, June 4th. Finally, KeyCorp restated a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

DG opened at $114.22 on Wednesday. The firm has a fifty day moving average price of $112.15 and a 200 day moving average price of $129.30. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The stock has a market cap of $25.20 billion, a P/E ratio of 16.16, a P/E/G ratio of 1.71 and a beta of 0.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25.

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

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. 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.