Y Intercept Hong Kong Ltd Sells 65,191 Shares of Dollar General Corporation $DG

Y Intercept Hong Kong Ltd lowered its position in Dollar General Corporation (NYSE:DG) by 95.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,103 shares of the company’s stock after selling 65,191 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Dollar General were worth $357,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac bought a new position in shares of Dollar General during the 4th quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after acquiring an additional 182 shares in the last quarter. Evergreen Advisors LLC purchased a new stake in shares of Dollar General during the first quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares during the period. Finally, Reflection Asset Management bought a new stake in Dollar General during the fourth quarter worth $28,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on DG shares. 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 note on Wednesday, June 3rd. Piper Sandler lowered their target price on Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Loop Capital boosted their price target on shares of Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a report on Wednesday, June 3rd. Freedom Capital lowered shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, Citigroup lowered their price objective on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock 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 given a Sell rating to the stock. Based on data from MarketBeat, Dollar General presently has an average rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

NYSE:DG 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. The business has a fifty day simple moving average of $118.55 and a two-hundred day simple moving average of $124.99. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a market capitalization of $26.35 billion, a P/E ratio of 16.89, a P/E/G ratio of 1.83 and a beta of 0.23.

Dollar General (NYSE:DG) last issued its quarterly 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. The firm had revenue of $10.79 billion for 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 business’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 firm earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s dividend payout ratio is 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.