Dollar General Corporation $DG Position Reduced by Prospera Financial Services Inc

Prospera Financial Services Inc trimmed its position in Dollar General Corporation (NYSE:DG) by 84.4% in the second quarter, HoldingsChannel.com reports. The firm owned 5,444 shares of the company’s stock after selling 29,506 shares during the quarter. Prospera Financial Services Inc’s holdings in Dollar General were worth $627,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac acquired a new position in shares of Dollar General during the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of 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 valued at $25,000 after buying an additional 182 shares during the period. Evergreen Advisors LLC acquired a new stake in shares of Dollar General in the first quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Dollar General by 69.3% during 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 acquired a new position in Dollar General during the fourth quarter worth about $28,000. 91.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on DG shares. UBS Group reiterated a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Loop Capital raised their price objective on shares of Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research report on Wednesday, June 3rd. Piper Sandler lowered their price objective on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Guggenheim dropped their target price on shares of Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, Citigroup cut their target price on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $131.27.

Dollar General Stock Down 0.5%

DG stock opened at $119.44 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The firm has a market capitalization of $26.35 billion, a P/E ratio of 16.89, a P/E/G ratio of 1.83 and a beta of 0.23. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23. The company’s 50 day simple moving average is $118.55 and its 200-day simple moving average is $124.99.

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

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is 33.38%.

About Dollar General

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.