Daiwa Securities Group Inc. Reduces Stock Position in Dollar General Corporation $DG

Daiwa Securities Group Inc. lessened its position in shares of Dollar General Corporation (NYSE:DG) by 13.1% during the 4th quarter, Holdings Channel reports. The firm owned 35,691 shares of the company’s stock after selling 5,399 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Dollar General were worth $4,739,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac purchased a new stake in Dollar General during the 4th quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after purchasing an additional 79 shares during the last quarter. Eastern Bank purchased a new stake in Dollar General during the 4th quarter valued at about $35,000. Flagship Harbor Advisors LLC purchased a new stake in Dollar General during the 4th quarter valued at about $36,000. Finally, Basepoint Wealth LLC purchased a new stake in Dollar General during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

DG has been the topic of several research analyst reports. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and dropped their price target for the company from $140.00 to $110.00 in a research note on Friday, May 22nd. KeyCorp reiterated a “sector weight” rating on shares of Dollar General in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft boosted their price target on Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. Finally, Rothschild & Co Redburn decreased their price objective on Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

Shares of DG stock opened at $106.80 on Tuesday. The stock has a market cap of $23.56 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of 1.59 and a beta of 0.26. The business has a 50-day simple moving average of $113.61 and a 200-day simple moving average of $128.76. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings data 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 business had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities analysts expect that Dollar General Corporation will post 7.33 EPS for the current year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s payout ratio is 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.