Banque Cantonale Vaudoise acquired a new stake in Dollar General Corporation (NYSE:DG – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 19,376 shares of the company’s stock, valued at approximately $2,301,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DG. Fideuram Asset Management Ireland dac purchased a new position in Dollar General in the 4th quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd increased its position in shares of Dollar General by 4,550.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after acquiring an additional 182 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares during the period. Reflection Asset Management acquired a new stake in shares of Dollar General in the fourth quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Dollar General in the fourth quarter valued at $31,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently commented on DG. UBS Group reissued a “buy” rating on shares of Dollar General in a research note on Wednesday, May 27th. Evercore decreased their price objective on Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $140.00 to $110.00 in a research report on Friday, May 22nd. Truist Financial upped their target price on shares of Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a research note on Tuesday, June 2nd. Finally, The Goldman Sachs Group cut their target price on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $131.27.
Dollar General Trading Down 1.3%
NYSE:DG opened at $117.61 on Friday. The stock has a 50-day simple moving average of $112.11 and a 200-day simple moving average of $129.15. The stock has a market cap of $25.94 billion, a P/E ratio of 16.63, a P/E/G ratio of 1.81 and a beta of 0.26. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17.
Dollar General (NYSE:DG – Get Free Report) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the prior year, the business posted $1.78 EPS. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.
Dollar General Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be issued a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is presently 33.38%.
Dollar General 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.
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