Dollar General Corporation $DG Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc lessened its holdings in Dollar General Corporation (NYSE:DG) by 84.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,444 shares of the company’s stock after selling 29,506 shares during the quarter. Prospera Financial Services Inc’s holdings in Dollar General were worth $627,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after buying an additional 412,542 shares during the last quarter. State Street Corp boosted its holdings in shares of Dollar General by 0.5% in the 4th quarter. State Street Corp now owns 11,017,002 shares of the company’s stock valued at $1,462,727,000 after buying an additional 53,624 shares during the period. Morgan Stanley grew its position in shares of Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after buying an additional 1,624,748 shares during the last quarter. Geode Capital Management LLC raised its stake in Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after acquiring an additional 42,936 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in Dollar General by 47.9% in the fourth quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock worth $495,830,000 after acquiring an additional 1,208,892 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Loop Capital lifted their target price on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Rothschild & Co Redburn cut their price target on Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a report on Monday, May 18th. Morgan Stanley reduced their price objective on Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 3rd. BNP Paribas Exane lowered their price objective on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $145.00 target price on shares of Dollar General in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General has an average rating of “Hold” and an average target price of $131.27.

Dollar General Stock Down 0.5%

Shares of Dollar General stock opened at $119.44 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The business’s fifty day moving average price is $118.55 and its two-hundred day moving average price is $124.99. The company has a market capitalization of $26.35 billion, a P/E ratio of 16.89, a PEG ratio of 1.83 and a beta of 0.23.

Dollar General (NYSE:DG) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The company 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, research analysts forecast that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Tuesday, July 7th. Dollar General’s dividend payout ratio is currently 33.38%.

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.