Fortis Group Advisors LLC increased its position in Dollar General Corporation (NYSE:DG – Free Report) by 5,422.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,522 shares of the company’s stock after purchasing an additional 5,422 shares during the period. Fortis Group Advisors LLC’s holdings in Dollar General were worth $791,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DG. Root Financial Partners LLC purchased a new stake in Dollar General in the third quarter worth $26,000. Eastern Bank purchased a new stake in Dollar General in the fourth quarter worth $35,000. Flagship Harbor Advisors LLC purchased a new stake in Dollar General in the fourth quarter worth $36,000. First Horizon Corp grew its stake in Dollar General by 74.4% in the fourth quarter. First Horizon Corp now owns 340 shares of the company’s stock worth $45,000 after purchasing an additional 145 shares during the period. Finally, Rialto Wealth Management LLC grew its stake in Dollar General by 427.3% in the fourth quarter. Rialto Wealth Management LLC now owns 348 shares of the company’s stock worth $46,000 after purchasing an additional 282 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.
Dollar General Trading Up 0.5%
Dollar General stock opened at $105.13 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The stock has a market capitalization of $23.15 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 1.70 and a beta of 0.28. The business’s fifty day moving average is $118.76 and its 200 day moving average is $128.36.
Dollar General Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.2%. Dollar General’s dividend payout ratio (DPR) is 34.45%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on DG shares. Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Jefferies Financial Group cut their target price on Dollar General from $170.00 to $155.00 and set a “buy” rating on the stock in a research note on Monday. Guggenheim cut their target price on Dollar General from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Rothschild & Co Redburn cut their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday. Finally, Piper Sandler increased their target price on Dollar General from $132.00 to $133.00 and gave the stock a “neutral” rating in a research note on Friday, March 13th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Dollar General currently has an average rating of “Hold” and an average price target of $143.62.
View Our Latest Stock Report on DG
Key Stories Impacting Dollar General
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: HSBC lifted its FY2027 EPS estimate for Dollar General to $7.32 from $7.29, and the company’s recent earnings surprise history has kept some investors focused on the possibility of another beat. Article: Will Dollar General (DG) Beat Estimates Again in Its Next Earnings Report?
- Positive Sentiment: Some coverage still frames Dollar General as a long-term value idea, which may support investor sentiment despite recent weakness. Article: Why Dollar General (DG) is a Top Value Stock for the Long-Term
- Neutral Sentiment: An article on retail-wholesale stocks highlighted Dollar General as a name to watch for potential earnings strength, but the piece was more educational than company-specific. Article: These 2 Retail and Wholesale Stocks Could Beat Earnings
- Neutral Sentiment: A broader market piece mentioned Dollar General among Wall Street favorites, but the article mainly warned investors that analyst price targets can be overly optimistic. Article: 1 of Wall Street’s Favorite Stock on Our Buy List and 2 Facing Headwinds
- Negative Sentiment: HSBC and KeyCorp cut multiple forward earnings estimates for Dollar General, including FY2028, FY2029, FY2030 and FY2031, signaling slower long-term profit growth expectations. Article: Assessing Dollar General (DG) Valuation After Recent Share Price Weakness
- Negative Sentiment: HSBC also lowered near-term quarterly estimates and KeyCorp trimmed FY2027 and FY2028 EPS forecasts, reinforcing concerns that earnings momentum may be cooling. Article: How to Boost Your Portfolio with Top Retail-Wholesale Stocks Set to Beat Earnings
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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