Maxi Investments CY Ltd Makes New $982,000 Investment in Dollar General Corporation $DG

Maxi Investments CY Ltd acquired a new stake in Dollar General Corporation (NYSE:DG) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 9,500 shares of the company’s stock, valued at approximately $982,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of 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 worth $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Dollar General by 12.3% in the first 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 grew its position in Dollar General by 40.7% during the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after purchasing an additional 5,373 shares during the period. Sivia Capital Partners LLC acquired a new stake in Dollar General during the 2nd quarter worth about $211,000. Finally, Allworth Financial LP raised its stake in shares of Dollar General by 27.6% during the 2nd quarter. Allworth Financial LP now owns 1,939 shares of the company’s stock valued at $222,000 after buying an additional 420 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Ratings Changes

DG has been the topic of a number of recent research reports. Rothschild & Co Redburn upgraded Dollar General to a “strong sell” rating in a research note on Wednesday, February 25th. Loop Capital boosted their price target on Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a report on Friday, February 6th. Evercore lowered their price objective on Dollar General from $145.00 to $144.00 in a research report on Tuesday, March 3rd. BNP Paribas Exane reaffirmed a “neutral” rating and set a $127.00 price objective on shares of Dollar General in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $170.00 target price for the company in a report on Thursday, January 8th. Fourteen equities 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 company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $145.33.

Insiders Place Their Bets

In other Dollar General news, EVP Bryan D. Wheeler sold 9,776 shares of the stock in a transaction on Friday, December 19th. The shares were sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the transaction, the executive vice president directly owned 22,295 shares of the company’s stock, valued at $3,016,959.40. This trade represents a 30.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

Dollar General Stock Performance

NYSE DG opened at $134.71 on Tuesday. The stock has a market capitalization of $29.65 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 2.15 and a beta of 0.23. The stock has a 50-day moving average of $147.62 and a 200 day moving average of $123.96. 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 Corporation has a twelve month low of $78.10 and a twelve month high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.57 by $0.36. The company had revenue of $10.91 billion for the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.Dollar General’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company earned $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. Dollar General’s dividend payout ratio is currently 34.45%.

Dollar General Company 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.