Quantinno Capital Management LP raised its holdings in Dollar General Corporation (NYSE:DG – Free Report) by 22.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 331,044 shares of the company’s stock after acquiring an additional 60,043 shares during the quarter. Quantinno Capital Management LP’s holdings in Dollar General were worth $39,305,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently made changes to their positions in the business. Fideuram Asset Management Ireland dac acquired a new stake in Dollar General during the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd grew its position in Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after buying an additional 182 shares during the last quarter. Evergreen Advisors LLC acquired a new position in Dollar General in the first quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Dollar General by 69.3% in the fourth 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 in the last quarter. Finally, Reflection Asset Management bought a new position in shares of Dollar General in the fourth quarter valued at $28,000. Institutional investors and hedge funds own 91.77% of the company’s stock.
Wall Street Analysts Forecast Growth
DG has been the subject of several research reports. UBS Group reissued a “buy” rating on shares of Dollar General in a research note on Wednesday, May 27th. Rothschild & Co Redburn cut their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research report on Monday, May 18th. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 target price on shares of Dollar General in a report on Wednesday, June 3rd. Piper Sandler decreased their price target on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, 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 note on Tuesday, June 2nd. Ten equities research 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.com, the stock presently has an average rating of “Hold” and a consensus price target of $131.27.
Dollar General Trading Down 0.7%
Dollar General stock opened at $127.72 on Friday. The company has a 50 day moving average price of $115.27 and a 200 day moving average price of $126.48. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. 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 has a market capitalization of $28.17 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 1.96 and a beta of 0.25.
Dollar General (NYSE:DG – Get Free Report) last announced its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.11. The company had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company’s revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts forecast that Dollar General Corporation will post 7.38 EPS for the current year.
Dollar General Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. Dollar General’s payout ratio is currently 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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