Mitsubishi UFJ Asset Management Co. Ltd. Has $63.69 Million Stock Position in Dollar General Corporation $DG

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Dollar General Corporation (NYSE:DG) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 465,527 shares of the company’s stock after purchasing an additional 36,244 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Dollar General were worth $63,693,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BOKF NA increased its position in Dollar General by 15.2% in the fourth quarter. BOKF NA now owns 554 shares of the company’s stock worth $74,000 after purchasing an additional 73 shares during the period. Providence First Trust Co acquired a new position in shares of Dollar General during the 4th quarter worth about $294,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Dollar General by 2.0% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,762 shares of the company’s stock worth $4,350,000 after buying an additional 641 shares during the period. Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of Dollar General during the 4th quarter worth about $499,000. Finally, CENTRAL TRUST Co grew its position in shares of Dollar General by 3.0% during the 4th quarter. CENTRAL TRUST Co now owns 4,517 shares of the company’s stock worth $600,000 after buying an additional 131 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DG shares. Guggenheim decreased their target price on Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, March 13th. Evercore decreased their target price on Dollar General from $145.00 to $144.00 in a research report on Tuesday, March 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Dollar General in a research report on Friday, April 10th. BMO Capital Markets lifted their price objective on Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft upgraded Dollar General from a “hold” rating to a “buy” rating and set a $170.00 price objective on the stock in a report on Thursday, January 8th. Thirteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $145.00.

Dollar General Trading Up 0.3%

NYSE DG opened at $116.70 on Friday. The stock has a market capitalization of $25.70 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 1.88 and a beta of 0.28. The stock’s 50 day moving average price is $127.90 and its two-hundred day moving average price is $128.18. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. Dollar General Corporation has a 52 week low of $86.25 and a 52 week high of $158.23.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.57 by $0.36. The firm had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, analysts anticipate that Dollar General Corporation will post 7.29 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were paid a $0.59 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s payout ratio is presently 34.45%.

Dollar General 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.