Dollar General Corporation $DG Stock Position Reduced by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. reduced its holdings in Dollar General Corporation (NYSE:DG) by 78.1% during the 3rd quarter, Holdings Channel reports. The fund owned 9,959 shares of the company’s stock after selling 35,601 shares during the period. Jefferies Financial Group Inc.’s holdings in Dollar General were worth $1,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. AlphaCentric Advisors LLC raised its holdings in shares of Dollar General by 5.4% during the third quarter. AlphaCentric Advisors LLC now owns 1,790 shares of the company’s stock worth $214,000 after purchasing an additional 92 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in Dollar General by 4.6% in the third quarter. B. Riley Wealth Advisors Inc. now owns 2,286 shares of the company’s stock valued at $273,000 after purchasing an additional 100 shares during the last quarter. Cidel Asset Management Inc. boosted its holdings in Dollar General by 2.5% in the third quarter. Cidel Asset Management Inc. now owns 4,429 shares of the company’s stock valued at $530,000 after purchasing an additional 106 shares during the last quarter. Ballentine Partners LLC boosted its holdings in Dollar General by 2.3% in the second quarter. Ballentine Partners LLC now owns 5,470 shares of the company’s stock valued at $630,000 after purchasing an additional 122 shares during the last quarter. Finally, Investment Research Partners LLC grew its position in Dollar General by 6.2% during the 3rd quarter. Investment Research Partners LLC now owns 2,377 shares of the company’s stock worth $284,000 after purchasing an additional 138 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DG shares. Raymond James Financial reiterated an “outperform” rating and set a $150.00 price objective on shares of Dollar General in a research note on Friday, August 28th. Argus upped their target price on Dollar General from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, September 4th. Wolfe Research restated an “outperform” rating and issued a $143.00 target price on shares of Dollar General in a research note on Thursday, August 13th. Citigroup raised their target price on Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Finally, Weiss Ratings upgraded Dollar General from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, November 9th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $137.96.

Dollar General Price Performance

DG stock traded down $0.54 during mid-day trading on Friday, reaching $134.07. 1,993,616 shares of the company’s stock were exchanged, compared to its average volume of 2,220,902. The company has a market cap of $29.58 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 1.79 and a beta of 0.19. The stock’s 50 day moving average is $128.29 and its 200 day moving average is $125.49. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. Dollar General Corporation has a 12-month low of $99.50 and a 12-month high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. The business had revenue of $11.29 billion during the quarter, compared to analysts’ expectations of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The business’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.86 earnings per share. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, research analysts expect that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is 30.69%.

Dollar General Profile

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.