Dollar General Corporation $DG Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC cut its holdings in shares of Dollar General Corporation (NYSE:DGFree Report) by 12.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,895 shares of the company’s stock after selling 6,100 shares during the period. ProShare Advisors LLC’s holdings in Dollar General were worth $5,695,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. BOKF NA lifted 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. Tevis Investment Management lifted its position in Dollar General by 0.5% in the third quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after purchasing an additional 77 shares during the period. Frank Rimerman Advisors LLC lifted its position in Dollar General by 1.7% in the fourth quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock worth $614,000 after purchasing an additional 77 shares during the period. SteelPeak Wealth LLC lifted its position in Dollar General by 3.6% in the fourth quarter. SteelPeak Wealth LLC now owns 2,424 shares of the company’s stock worth $322,000 after purchasing an additional 84 shares during the period. Finally, Hixon Zuercher LLC lifted its position in Dollar General by 0.6% in the fourth quarter. Hixon Zuercher LLC now owns 15,634 shares of the company’s stock worth $2,076,000 after purchasing an additional 89 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General News Roundup

Here are the key news stories impacting Dollar General this week:

  • Negative Sentiment: Loop Capital slashed its price target on Dollar General to $110 from $145 and kept a hold rating, signaling more limited upside than before. MarketScreener
  • Negative Sentiment: Gordon Haskett downgraded Dollar General from buy to hold and lowered its target to $110 from $140, adding to concerns that valuation and growth may be less compelling. MarketScreener
  • Negative Sentiment: HSBC cut long-term earnings forecasts for Dollar General across several future years, including FY2028 through FY2031, indicating analysts expect slower profit growth than previously modeled. MarketBeat
  • Negative Sentiment: KeyCorp also trimmed its FY2027 earnings estimate for Dollar General, reinforcing a cautious outlook ahead of upcoming results and guidance. MarketBeat

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. KeyCorp restated a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Morgan Stanley cut their target price on Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. Truist Financial set a $139.00 target price on Dollar General in a research report on Thursday, March 12th. Rothschild & Co Redburn cut their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a research report on Monday, May 18th. Finally, Oppenheimer upped their target price on Dollar General from $145.00 to $170.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Twelve analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Dollar General presently has an average rating of “Hold” and a consensus price target of $141.12.

View Our Latest Report on DG

Dollar General Price Performance

Shares of NYSE:DG opened at $105.69 on Friday. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The stock has a fifty day moving average of $117.98 and a 200-day moving average of $128.20. The company has a market capitalization of $23.28 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. 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 (NYSE:DGGet Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The company had revenue of $10.91 billion during the quarter, compared to the consensus estimate of $10.78 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities analysts anticipate that Dollar General Corporation will post 7.27 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, April 7th. Dollar General’s dividend payout ratio is 34.45%.

Dollar General Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Corporation (NYSE:DGFree Report).

Institutional Ownership by Quarter for Dollar General (NYSE:DG)

Receive News & Ratings for Dollar General Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General and related companies with MarketBeat.com's FREE daily email newsletter.