XTX Topco Ltd Buys Shares of 4,300 Dollar General Corporation $DG

XTX Topco Ltd purchased a new position in shares of Dollar General Corporation (NYSE:DG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,300 shares of the company’s stock, valued at approximately $492,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp acquired a new position in Dollar General during the second quarter worth about $26,000. Hantz Financial Services Inc. grew its holdings in shares of Dollar General by 46.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 439 shares of the company’s stock valued at $50,000 after purchasing an additional 140 shares during the last quarter. MTM Investment Management LLC acquired a new position in Dollar General during the 2nd quarter worth approximately $51,000. Harbor Investment Advisory LLC lifted its stake in Dollar General by 35.2% in the 2nd quarter. Harbor Investment Advisory LLC now owns 492 shares of the company’s stock valued at $56,000 after purchasing an additional 128 shares during the last quarter. Finally, Zions Bancorporation National Association UT bought a new position in Dollar General in the 1st quarter valued at approximately $90,000. Institutional investors own 91.77% of the company’s stock.

Dollar General Trading Up 13.7%

NYSE:DG opened at $124.95 on Friday. Dollar General Corporation has a 12 month low of $66.43 and a 12 month high of $125.44. The company has a current ratio of 1.25, a quick ratio of 0.27 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $27.50 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 2.70 and a beta of 0.27. The firm has a fifty day simple moving average of $103.07 and a two-hundred day simple moving average of $107.20.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.33. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.The business had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.60 billion. During the same period in the prior year, the business earned $0.89 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Analysts expect that Dollar General Corporation will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 20th. Investors of record on Tuesday, January 6th will be given a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s dividend payout ratio (DPR) is presently 43.70%.

Analyst Ratings Changes

A number of brokerages have recently commented on DG. Morgan Stanley increased their price target on Dollar General from $115.00 to $125.00 and gave the company an “equal weight” rating in a research note on Friday, August 29th. Piper Sandler restated a “neutral” rating on shares of Dollar General in a report on Friday. Barclays raised their price objective on shares of Dollar General from $119.00 to $127.00 and gave the company an “overweight” rating in a report on Friday, August 29th. BMO Capital Markets boosted their target price on shares of Dollar General from $115.00 to $130.00 and gave the stock a “market perform” rating in a report on Friday. Finally, Gordon Haskett raised shares of Dollar General from an “accumulate” rating to a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $119.91.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.