Legacy Capital Group California Inc. Purchases Shares of 8,019 Dollar General Corporation $DG

Legacy Capital Group California Inc. acquired a new position in shares of Dollar General Corporation (NYSE:DGFree Report) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 8,019 shares of the company’s stock, valued at approximately $952,000.

A number of other large investors also recently modified their holdings of DG. Fideuram Asset Management Ireland dac purchased a new position in shares of Dollar General during the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd raised its position in Dollar General by 4,550.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after buying an additional 182 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares during the last quarter. Reflection Asset Management bought a new position in Dollar General during the 4th quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Dollar General in the 4th quarter worth approximately $31,000. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

DG has been the subject of several recent analyst reports. Rothschild & Co Redburn reduced their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Citigroup dropped their price target on Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. BNP Paribas Exane reduced their price objective on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 target price on shares of Dollar General in a research report on Wednesday, June 3rd. Finally, Barclays lowered their target price on Dollar General from $151.00 to $148.00 and set an “overweight” rating on the stock 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 given a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General currently has an average rating of “Hold” and an average target price of $131.27.

Get Our Latest Report on DG

Dollar General Stock Up 3.8%

DG stock opened at $123.44 on Tuesday. The stock has a fifty day moving average of $111.24 and a 200-day moving average of $127.87. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The company has a market capitalization of $27.23 billion, a price-to-earnings ratio of 17.46, a PEG ratio of 1.81 and a beta of 0.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17.

Dollar General (NYSE:DGGet Free Report) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. The business had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities research analysts predict that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s dividend payout ratio (DPR) is 33.38%.

Dollar General Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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