Sanctuary Advisors LLC grew its stake in Dollar General Corporation (NYSE:DG – Free Report) by 25.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,802 shares of the company’s stock after buying an additional 5,206 shares during the period. Sanctuary Advisors LLC’s holdings in Dollar General were worth $3,426,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Dollar General by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after buying an additional 1,185 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dollar General in the 2nd quarter valued at approximately $211,000. Finally, Jump Financial LLC bought a new stake in shares of Dollar General in the 2nd quarter valued at approximately $209,000. Institutional investors own 91.77% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on DG. Jefferies Financial Group reiterated a “buy” rating and issued a $170.00 price target on shares of Dollar General in a report on Thursday, March 12th. BMO Capital Markets increased their price target on Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Telsey Advisory Group reiterated a “market perform” rating and issued a $140.00 price target on shares of Dollar General in a report on Tuesday, March 24th. UBS Group reiterated a “buy” rating and issued a $163.00 price target on shares of Dollar General in a report on Monday, March 16th. Finally, Oppenheimer increased their price target on Dollar General from $145.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Thirteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $146.54.
Dollar General Trading Up 1.6%
Shares of NYSE:DG opened at $115.94 on Friday. Dollar General Corporation has a 12-month low of $86.25 and a 12-month high of $158.23. The business’s fifty day simple moving average is $130.04 and its 200-day simple moving average is $127.59. The company has a market capitalization of $25.53 billion, a PE ratio of 16.93, a P/E/G ratio of 1.84 and a beta of 0.34. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54.
Dollar General (NYSE:DG – Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. During the same period last year, the business posted $0.87 EPS. The business’s revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities research analysts predict that Dollar General Corporation will post 7.29 earnings per share for the current fiscal year.
Dollar General Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is currently 34.45%.
About Dollar General
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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