ASR Vermogensbeheer N.V. Purchases 2,605 Shares of Dollar General Corporation $DG

ASR Vermogensbeheer N.V. increased its position in shares of Dollar General Corporation (NYSE:DG) by 7.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,298 shares of the company’s stock after purchasing an additional 2,605 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Dollar General were worth $4,380,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. raised its holdings in Dollar General by 66.7% during the first quarter. Mountain Hill Investment Partners Corp. now owns 500 shares of the company’s stock valued at $44,000 after acquiring an additional 200 shares during the period. Golden State Wealth Management LLC raised its stake in Dollar General by 170.1% during the 1st quarter. Golden State Wealth Management LLC now owns 543 shares of the company’s stock valued at $48,000 after purchasing an additional 342 shares during the period. CVA Family Office LLC raised its stake in Dollar General by 39.4% during the 1st quarter. CVA Family Office LLC now owns 570 shares of the company’s stock valued at $50,000 after purchasing an additional 161 shares during the period. Larson Financial Group LLC raised its stake in Dollar General by 384.3% during the 1st quarter. Larson Financial Group LLC now owns 615 shares of the company’s stock valued at $54,000 after purchasing an additional 488 shares during the period. Finally, Harbor Investment Advisory LLC raised its position in shares of Dollar General by 35.2% during the second quarter. Harbor Investment Advisory LLC now owns 492 shares of the company’s stock valued at $56,000 after buying an additional 128 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on DG. Wolfe Research assumed coverage on shares of Dollar General in a research report on Thursday, September 18th. They set an “outperform” rating and a $139.00 price objective on the stock. JPMorgan Chase & Co. lifted their target price on Dollar General from $95.00 to $109.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Raymond James Financial lifted their target price on Dollar General from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Barclays lifted their price objective on Dollar General from $119.00 to $127.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Finally, Piper Sandler lifted their price objective on Dollar General from $115.00 to $117.00 and gave the stock a “neutral” rating in a research note on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and sixteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $115.48.

Dollar General Stock Performance

NYSE DG opened at $100.07 on Friday. The company has a market cap of $22.03 billion, a P/E ratio of 18.53, a P/E/G ratio of 2.13 and a beta of 0.30. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.27 and a current ratio of 1.25. The business’s 50 day moving average price is $108.26 and its 200-day moving average price is $103.01. Dollar General Corporation has a fifty-two week low of $66.43 and a fifty-two week high of $117.95.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 28th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. Dollar General had a net margin of 2.86% and a return on equity of 17.97%. The business had revenue of $10.73 billion for the quarter, compared to analysts’ expectations of $10.68 billion. During the same quarter in the previous year, the business posted $1.70 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Sell-side analysts predict that Dollar General Corporation will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, October 7th. Dollar General’s payout ratio is 43.70%.

Dollar General Company Profile

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.