Mariner LLC raised its position in Dollar General Corporation (NYSE:DG – Free Report) by 6.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 576,535 shares of the company’s stock after buying an additional 36,945 shares during the quarter. Mariner LLC’s holdings in Dollar General were worth $76,576,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Parkside Financial Bank & Trust raised its holdings in shares of Dollar General by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock valued at $107,000 after buying an additional 69 shares during the period. BOKF NA grew its position in shares of Dollar General by 15.2% in the 4th quarter. BOKF NA now owns 554 shares of the company’s stock worth $74,000 after acquiring an additional 73 shares in the last quarter. Strata Wealth Advisors LLC grew its position in shares of Dollar General by 3.3% in the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock worth $314,000 after acquiring an additional 75 shares in the last quarter. Optimize Financial Inc grew its position in shares of Dollar General by 1.4% in the 4th quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after acquiring an additional 76 shares in the last quarter. Finally, Tevis Investment Management grew its position in shares of Dollar General by 0.5% in the 3rd quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after acquiring an additional 77 shares in the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. BMO Capital Markets reduced their price objective on Dollar General from $135.00 to $120.00 and set a “market perform” rating for the company in a research report on Wednesday, June 3rd. Barclays reduced their price target on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. Oppenheimer dropped their price objective on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a research note on Thursday, June 4th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Dollar General has an average rating of “Hold” and a consensus target price of $131.27.
Dollar General Stock Performance
DG stock opened at $116.39 on Tuesday. 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 stock has a market cap of $25.67 billion, a P/E ratio of 16.46, a P/E/G ratio of 1.75 and a beta of 0.26. The firm has a 50 day simple moving average of $113.11 and a 200 day simple moving average of $129.16. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23.
Dollar General (NYSE:DG – Get Free Report) last issued its earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the previous year, the company posted $1.78 earnings per share. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.
Dollar General Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. 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.
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