Dollar General Corporation $DG Shares Bought by Calamos Advisors LLC

Calamos Advisors LLC grew its stake in Dollar General Corporation (NYSE:DG) by 302.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 183,996 shares of the company’s stock after buying an additional 138,258 shares during the quarter. Calamos Advisors LLC’s holdings in Dollar General were worth $21,045,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in DG. Atlantic Union Bankshares Corp purchased a new position in Dollar General in the second quarter worth approximately $26,000. Hantz Financial Services Inc. raised its holdings in shares of Dollar General by 46.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 439 shares of the company’s stock valued at $50,000 after purchasing an additional 140 shares in the last quarter. Harbor Investment Advisory LLC lifted its position in shares of Dollar General by 35.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 492 shares of the company’s stock worth $56,000 after purchasing an additional 128 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of Dollar General by 384.3% during the first quarter. Larson Financial Group LLC now owns 615 shares of the company’s stock worth $54,000 after purchasing an additional 488 shares in the last quarter. Finally, Bogart Wealth LLC increased its holdings in Dollar General by 37.6% in the first quarter. Bogart Wealth LLC now owns 674 shares of the company’s stock valued at $59,000 after buying an additional 184 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on DG. Telsey Advisory Group set a $123.00 target price on Dollar General in a research note on Friday, August 29th. UBS Group raised their price objective on shares of Dollar General from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Evercore ISI lowered their target price on shares of Dollar General from $114.00 to $112.00 and set an “in-line” rating for the company in a report on Tuesday, October 7th. Guggenheim reiterated a “buy” rating and set a $125.00 price target on shares of Dollar General in a research note on Friday, August 29th. Finally, Wells Fargo & Company boosted their price target on shares of Dollar General from $105.00 to $115.00 and gave the company an “equal weight” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and sixteen have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $115.64.

Dollar General Price Performance

Shares of DG opened at $104.27 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.27 and a current ratio of 1.25. Dollar General Corporation has a fifty-two week low of $66.43 and a fifty-two week high of $117.95. The firm has a 50-day simple moving average of $102.66 and a 200-day simple moving average of $105.63. The company has a market capitalization of $22.95 billion, a price-to-earnings ratio of 19.31, a price-to-earnings-growth ratio of 2.10 and a beta of 0.30.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 28th. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.56 by $0.30. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.The firm had revenue of $10.73 billion during the quarter, compared to the consensus estimate of $10.68 billion. During the same period in the prior year, the business earned $1.70 EPS. The firm’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. On average, equities research analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, October 7th. Dollar General’s payout ratio is currently 43.70%.

About Dollar General

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.