Dollar General Corporation $DG Shares Purchased by United Advisor Group LLC

United Advisor Group LLC raised its position in Dollar General Corporation (NYSE:DG) by 110.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,211 shares of the company’s stock after acquiring an additional 3,261 shares during the quarter. United Advisor Group LLC’s holdings in Dollar General were worth $710,000 as of its most recent SEC filing.

Other institutional investors and hedge funds 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% during the 2nd quarter. Vanguard Group Inc. now owns 26,817,649 shares of the company’s stock worth $3,067,403,000 after purchasing an additional 384,447 shares during the last quarter. ACR Alpine Capital Research LLC increased its holdings in Dollar General by 3.9% in the first quarter. ACR Alpine Capital Research LLC now owns 4,197,437 shares of the company’s stock valued at $369,081,000 after buying an additional 155,966 shares during the last quarter. Invesco Ltd. increased its holdings in Dollar General by 2.6% in the first quarter. Invesco Ltd. now owns 3,469,568 shares of the company’s stock valued at $305,079,000 after buying an additional 89,067 shares during the last quarter. Baupost Group LLC MA raised its stake in Dollar General by 2.1% in the first quarter. Baupost Group LLC MA now owns 2,104,876 shares of the company’s stock valued at $185,082,000 after buying an additional 44,076 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Dollar General by 2.6% during the 1st quarter. Northern Trust Corp now owns 2,076,851 shares of the company’s stock worth $182,618,000 after buying an additional 52,961 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Trading Up 0.4%

NYSE:DG opened at $103.55 on Wednesday. The company has a market capitalization of $22.79 billion, a PE ratio of 19.18, a P/E/G ratio of 2.10 and a beta of 0.30. Dollar General Corporation has a 52-week low of $66.43 and a 52-week high of $117.95. The stock’s 50 day moving average price is $102.34 and its 200 day moving average price is $106.05. The company has a quick ratio of 0.27, a current ratio of 1.25 and a debt-to-equity ratio of 0.71.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, August 28th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. The company had revenue of $10.73 billion during the quarter, compared to analysts’ expectations of $10.68 billion. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.70 earnings per share. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. On average, research analysts anticipate that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Tuesday, October 7th were paid a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. Dollar General’s dividend payout ratio is currently 43.70%.

Analysts Set New Price Targets

DG has been the topic of a number of recent analyst reports. Loop Capital dropped their price objective on Dollar General from $120.00 to $100.00 and set a “hold” rating on the stock in a report on Tuesday, November 11th. Piper Sandler upped their price target on Dollar General from $115.00 to $117.00 and gave the company a “neutral” rating in a report on Friday, August 29th. Telsey Advisory Group set a $123.00 price target on shares of Dollar General in a research note on Friday, August 29th. Evercore ISI cut their price objective on shares of Dollar General from $114.00 to $112.00 and set an “in-line” rating on the stock in a report on Tuesday, October 7th. Finally, Gordon Haskett reduced their price objective on shares of Dollar General from $130.00 to $115.00 in a research report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $118.14.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.