Graham Capital Management L.P. reduced its stake in shares of Dollar General Corporation (NYSE:DG – Free Report) by 56.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the company’s stock after selling 65,000 shares during the period. Graham Capital Management L.P.’s holdings in Dollar General were worth $6,638,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Parkside Financial Bank & Trust boosted its holdings in shares of Dollar General by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after purchasing an additional 69 shares during the last quarter. BOKF NA boosted its holdings in shares of Dollar General by 15.2% during the 4th quarter. BOKF NA now owns 554 shares of the company’s stock worth $74,000 after purchasing an additional 73 shares during the last quarter. Strata Wealth Advisors LLC boosted its holdings in shares of Dollar General by 3.3% during the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock worth $314,000 after purchasing an additional 75 shares during the last quarter. Optimize Financial Inc boosted its holdings in shares of Dollar General by 1.4% during the 4th quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after purchasing an additional 76 shares during the last quarter. Finally, Tevis Investment Management boosted its holdings in shares of Dollar General by 0.5% during the 3rd quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after purchasing an additional 77 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the company. BNP Paribas Exane lowered their target price on Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Piper Sandler lowered their target price on Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Daiwa Securities Group lowered their target price on Dollar General from $136.00 to $111.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Guggenheim lowered their target price on Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $149.00 target price on shares of Dollar General in a report on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $131.27.
Dollar General Stock Down 2.1%
DG stock opened at $114.00 on Wednesday. The firm has a market cap of $25.15 billion, a PE ratio of 16.12, a PEG ratio of 1.77 and a beta of 0.26. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The firm’s 50 day moving average price is $112.99 and its 200-day moving average price is $129.20. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23.
Dollar General (NYSE:DG – Get Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities research analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current year.
Dollar General Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s payout ratio is presently 33.38%.
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.
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