Jackson Creek Investment Advisors LLC bought a new stake in Dollar General Corporation (NYSE:DG – Free Report) in the fourth quarter, HoldingsChannel reports. The fund bought 5,130 shares of the company’s stock, valued at approximately $681,000.
A number of other large investors have also recently made changes to their positions in the company. BOKF NA boosted 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 valued at $74,000 after purchasing an additional 73 shares during the period. Optimize Financial Inc boosted 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 valued at $737,000 after purchasing an additional 76 shares during the period. Tevis Investment Management boosted 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 valued at $1,721,000 after purchasing an additional 77 shares during the period. Frank Rimerman Advisors LLC boosted its position in shares of Dollar General by 1.7% in the 4th quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock valued at $614,000 after purchasing an additional 77 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Dollar General by 69.3% in 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 period. 91.77% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on DG shares. Jefferies Financial Group decreased their target price on Dollar General from $170.00 to $155.00 and set a “buy” rating for the company in a research report on Monday, May 18th. BNP Paribas Exane reissued a “neutral” rating and issued a $127.00 target price on shares of Dollar General in a research report on Thursday, March 12th. Gordon Haskett cut Dollar General from a “buy” rating to a “hold” rating and decreased their target price for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Evercore decreased their target price on Dollar General from $145.00 to $144.00 in a research report on Tuesday, March 3rd. Finally, Guggenheim decreased their target price on Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, March 13th. Twelve analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $139.96.
Dollar General Stock Up 0.9%
DG opened at $104.52 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The business has a 50 day simple moving average of $116.22 and a 200-day simple moving average of $128.53. The stock has a market capitalization of $23.02 billion, a P/E ratio of 15.26, a P/E/G ratio of 1.68 and a beta of 0.28. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.
Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.57 by $0.36. The business had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, equities analysts anticipate that Dollar General Corporation will post 7.27 earnings per share for the current fiscal year.
Dollar General Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s dividend payout ratio (DPR) is presently 34.45%.
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.
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