Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 276.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,730 shares of the company’s stock after buying an additional 24,029 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Dollar General were worth $3,886,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of DG. Fideuram Asset Management Ireland dac bought a new position in Dollar General in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd raised its position in shares of Dollar General by 4,550.0% during the 4th 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 during the last quarter. Evergreen Advisors LLC bought a new stake in shares of Dollar General during the 1st quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after purchasing an additional 79 shares during the period. Finally, Reflection Asset Management acquired a new position in shares of Dollar General in the 4th quarter valued at $28,000. 91.77% of the stock is owned by institutional investors.
Dollar General Price Performance
Shares of DG stock opened at $127.72 on Friday. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23. The firm has a market capitalization of $28.17 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 1.96 and a beta of 0.25. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The firm has a fifty day moving average of $115.27 and a 200-day moving average of $126.48.
Dollar General Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Tuesday, July 7th. Dollar General’s dividend payout ratio is 33.38%.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the company. Loop Capital raised their price target on Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a research report on Wednesday, June 3rd. Truist Financial increased their target price on Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, June 2nd. BNP Paribas Exane reduced their target price on Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. UBS Group restated a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dollar General in a research note on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and an average target price of $131.27.
Check Out Our Latest Report on DG
Dollar General Company Profile
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.
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