Y Intercept Hong Kong Ltd Purchases 15,790 Shares of Dollar General Corporation $DG

Key Points

• Y Intercept Hong Kong Ltd increased its Dollar General stake by 30.1% in the first quarter, buying 15,790 additional shares to bring its total holding to 68,294 shares worth about $8.1 million.
• Dollar General recently reported better-than-expected quarterly earnings of $2.00 per share, beating consensus estimates, while revenue rose 3.4% year over year to $10.79 billion.
• Analysts have turned more cautious on DG, with several firms cutting price targets; the stock now carries a consensus Hold rating and an average target price of $131.27.

Y Intercept Hong Kong Ltd lifted its position in Dollar General Corporation (NYSE:DG - Free Report) by 30.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 68,294 shares of the company's stock after buying an additional 15,790 shares during the period. Y Intercept Hong Kong Ltd's holdings in Dollar General were worth $8,109,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of DG. Parkside Financial Bank & Trust boosted its stake in Dollar General by 9.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 808 shares of the company's stock valued at $107,000 after acquiring an additional 69 shares in the last quarter. BOKF NA increased its position in shares of Dollar General by 15.2% during the fourth quarter. BOKF NA now owns 554 shares of the company's stock worth $74,000 after purchasing an additional 73 shares in the last quarter. Strata Wealth Advisors LLC increased its position in shares of Dollar General by 3.3% during the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company's stock worth $314,000 after purchasing an additional 75 shares in the last quarter. Optimize Financial Inc lifted its holdings in shares of Dollar General by 1.4% during the 4th quarter. Optimize Financial Inc now owns 5,550 shares of the company's stock valued at $737,000 after purchasing an additional 76 shares during the last quarter. Finally, Tevis Investment Management lifted its holdings in shares of Dollar General by 0.5% during the 3rd quarter. Tevis Investment Management now owns 16,655 shares of the company's stock valued at $1,721,000 after purchasing an additional 77 shares during the last quarter. Institutional investors own 91.77% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on DG shares. BNP Paribas Exane dropped their target price on Dollar General from $144.00 to $113.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 3rd. Morgan Stanley decreased their price target on Dollar General from $150.00 to $132.00 and set an "equal weight" rating for the company in a research note on Wednesday, June 3rd. HSBC lowered their price target on Dollar General from $141.00 to $125.00 and set a "hold" rating for the company in a report on Wednesday, June 3rd. Guggenheim dropped their price target on Dollar General from $160.00 to $140.00 and set a "buy" rating on the stock in a research note on Wednesday, June 3rd. Finally, Sanford C. Bernstein restated an "outperform" rating and set a $149.00 price objective on shares of Dollar General in a report on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $131.27.

Dollar General Price Performance

Shares of DG opened at $118.19 on Friday. The firm has a market capitalization of $26.07 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.80 and a beta of 0.25. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The company's fifty day moving average price is $111.27 and its 200-day moving average price is $128.69.

Dollar General (NYSE:DG - Get Free Report) last issued its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same quarter last year, the business posted $1.78 EPS. The firm's quarterly revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities research analysts predict that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, July 7th. Dollar General's dividend payout ratio (DPR) is presently 33.38%.

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.

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