J. Safra Sarasin Holding AG lowered its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 31.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,246 shares of the company’s stock after selling 7,320 shares during the period. J. Safra Sarasin Holding AG’s holdings in Dollar General were worth $1,927,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after purchasing an additional 1,185 shares in the last quarter. NewEdge Advisors LLC increased its position in Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after buying an additional 1,148 shares in the last quarter. Woodline Partners LP raised its stake in Dollar General by 40.7% during the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after buying an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in Dollar General during the second quarter valued at $211,000. Finally, Jump Financial LLC purchased a new position in Dollar General during the second quarter valued at $209,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have recently commented on DG shares. Freedom Capital cut Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Truist Financial lifted their price target on Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, June 2nd. Guggenheim dropped their price target on shares of Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, Piper Sandler reduced their price objective on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $131.27.
Dollar General Trading Up 3.8%
Shares of NYSE:DG opened at $123.44 on Tuesday. 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 Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a market cap of $27.23 billion, a P/E ratio of 17.46, a PEG ratio of 1.81 and a beta of 0.25. The stock’s fifty day moving average price is $111.24 and its 200-day moving average price is $127.87.
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, topping the consensus estimate of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same period last year, the company earned $1.78 EPS. Dollar General’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. Sell-side analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current year.
Dollar General Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s payout ratio is currently 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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