Coldstream Capital Management Inc. raised its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 12.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,157 shares of the company’s stock after buying an additional 871 shares during the period. Coldstream Capital Management Inc.’s holdings in Dollar General were worth $933,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Left Brain Wealth Management LLC acquired a new position in Dollar General in the 2nd quarter valued at approximately $3,248,000. Charles Schwab Investment Management Inc. grew its holdings in Dollar General by 4.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,778,479 shares of the company’s stock valued at $203,422,000 after purchasing an additional 70,588 shares during the last quarter. American Century Companies Inc. grew its holdings in Dollar General by 452.4% during the second quarter. American Century Companies Inc. now owns 518,418 shares of the company’s stock valued at $59,297,000 after purchasing an additional 424,571 shares during the last quarter. CenterBook Partners LP acquired a new position in Dollar General in the 2nd quarter valued at $2,944,000. Finally, AlphaCore Capital LLC acquired a new position in Dollar General during the 2nd quarter valued at $141,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.
Analysts Set New Price Targets
Several analysts have issued reports on DG shares. Loop Capital decreased their price target on shares of Dollar General from $120.00 to $100.00 and set a “hold” rating on the stock in a research report on Tuesday, November 11th. Wolfe Research began coverage on Dollar General in a research report on Thursday, September 18th. They issued an “outperform” rating and a $139.00 price target on the stock. UBS Group raised their price objective on shares of Dollar General from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Gordon Haskett cut their price target on Dollar General from $130.00 to $115.00 in a report on Friday, September 26th. Finally, Barclays boosted their price objective on shares of Dollar General from $119.00 to $127.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $118.14.
Dollar General Stock Up 2.5%
NYSE:DG opened at $104.27 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.27 and a current ratio of 1.25. Dollar General Corporation has a 52-week low of $66.43 and a 52-week high of $117.95. The company has a market cap of $22.95 billion, a PE ratio of 19.31, a PEG ratio of 2.10 and a beta of 0.30. The stock has a 50-day simple moving average of $102.01 and a 200 day simple moving average of $106.37.
Dollar General (NYSE:DG – Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. The business had revenue of $10.73 billion for the quarter, compared to the consensus estimate of $10.68 billion. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.Dollar General’s quarterly revenue 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, sell-side analysts expect that Dollar General Corporation will post 5.75 EPS for the current fiscal year.
Dollar General 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.
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