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

Swiss Life Asset Management Ltd reduced its position in Dollar General Corporation (NYSE:DG) by 59.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Root Financial Partners LLC purchased a new stake in shares of Dollar General in the third quarter worth approximately $26,000. Eastern Bank bought a new stake in shares of Dollar General during the 4th quarter worth approximately $35,000. Flagship Harbor Advisors LLC purchased a new position in Dollar General during the 4th quarter valued at $36,000. Peoples Financial Services CORP. bought a new position in Dollar General in the 3rd quarter valued at $35,000. Finally, First Horizon Corp grew its position in 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 acquiring an additional 145 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on DG shares. Jefferies Financial Group reiterated a “buy” rating and set a $170.00 target price on shares of Dollar General in a research report on Thursday, March 12th. Wolfe Research restated an “outperform” rating and issued a $165.00 price target on shares of Dollar General in a report on Thursday, March 12th. Piper Sandler raised their price target on shares of Dollar General from $132.00 to $133.00 and gave the stock a “neutral” rating in a research note on Friday, March 13th. Morgan Stanley lowered their price objective on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. Finally, Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $145.00.

Dollar General Price Performance

DG opened at $101.60 on Thursday. The company has a market capitalization of $22.38 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 1.66 and a beta of 0.28. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. Dollar General Corporation has a 12-month low of $86.25 and a 12-month high of $158.23. The business’s fifty day simple moving average is $124.00 and its 200-day simple moving average is $128.20.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The firm had revenue of $10.91 billion during the quarter, compared to the consensus estimate of $10.78 billion. During the same period in the previous year, the company posted $0.87 earnings per share. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, equities research analysts anticipate that Dollar General Corporation will post 7.29 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.3%. Dollar General’s payout ratio is currently 34.45%.

Dollar General 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.