Swiss Life Asset Management Ltd Sells 61,185 Shares of Dollar General Corporation $DG

Swiss Life Asset Management Ltd cut its stake in Dollar General Corporation (NYSE:DG) by 59.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,522 shares of the company’s stock after selling 61,185 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Dollar General were worth $5,646,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in Dollar General during the third quarter valued at about $26,000. Eastern Bank bought a new position in Dollar General in the fourth quarter worth about $35,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Dollar General during the fourth quarter valued at about $36,000. Peoples Financial Services CORP. purchased a new stake in shares of Dollar General during the third quarter valued at about $35,000. Finally, First Horizon Corp boosted its holdings in shares of Dollar General by 74.4% in the 4th quarter. First Horizon Corp now owns 340 shares of the company’s stock valued at $45,000 after buying an additional 145 shares in the last quarter. 91.77% of the stock is owned by institutional investors.

Dollar General Stock Down 1.3%

DG stock opened at $101.60 on Thursday. The stock has a market capitalization of $22.38 billion, a PE ratio of 14.83, a price-to-earnings-growth ratio of 1.66 and a beta of 0.28. Dollar General Corporation has a 52 week low of $86.25 and a 52 week high of $158.23. The company has a quick ratio of 0.22, a current ratio of 1.13 and a debt-to-equity ratio of 0.54. The firm has a 50 day moving average of $124.00 and a 200 day moving average of $128.20.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The business had revenue of $10.91 billion for the quarter, compared to analyst estimates of $10.78 billion. During the same quarter in the prior year, the business posted $0.87 EPS. Dollar General’s revenue for the quarter was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts forecast that Dollar General Corporation will post 7.29 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were paid a $0.59 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. Dollar General’s dividend payout ratio (DPR) is 34.45%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Piper Sandler raised their target price on shares of Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, March 13th. Guggenheim reduced their price target on Dollar General from $165.00 to $160.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Telsey Advisory Group reiterated a “market perform” rating and set a $140.00 price objective on shares of Dollar General in a report on Tuesday, March 24th. Finally, Oppenheimer raised their price objective on Dollar General from $145.00 to $170.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $145.00.

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.