Y Intercept Hong Kong Ltd Sells 65,191 Shares of Dollar General Corporation $DG

Key Points

• Y Intercept Hong Kong Ltd cut its Dollar General position by 95.5% in the second quarter, selling 65,191 shares and retaining 3,103 shares worth approximately $357,000.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $131.27 price target; several firms recently lowered their targets, while institutional investors collectively own 91.77% of the stock.
• Dollar General beat quarterly EPS estimates with $2.00 per share, while revenue rose 3.4% year over year to $10.79 billion. The company also pays a $0.59 quarterly dividend, equivalent to a 2.0% annual yield.

Y Intercept Hong Kong Ltd decreased its position in Dollar General Corporation (NYSE:DG - Free Report) by 95.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,103 shares of the company's stock after selling 65,191 shares during the period. Y Intercept Hong Kong Ltd's holdings in Dollar General were worth $357,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Life Cycle Investment Partners Ltd bought a new position in shares of Dollar General in the 4th quarter worth about $363,299,000. AQR Capital Management LLC boosted its position in shares of Dollar General by 416.4% during the 3rd quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company's stock valued at $259,759,000 after purchasing an additional 2,036,573 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Dollar General by 24,882.5% during the 4th quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company's stock valued at $224,953,000 after purchasing an additional 1,687,533 shares in the last quarter. Morgan Stanley grew its stake in Dollar General by 35.0% during the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company's stock worth $832,513,000 after purchasing an additional 1,624,748 shares during the period. Finally, SG Americas Securities LLC grew its stake in Dollar General by 2,208.2% during the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company's stock worth $184,615,000 after purchasing an additional 1,487,554 shares during the period. Institutional investors own 91.77% of the company's stock.

Analyst Ratings Changes

DG has been the topic of several recent analyst reports. BMO Capital Markets dropped their price target on Dollar General from $135.00 to $120.00 and set a "market perform" rating on the stock in a research note on Wednesday, June 3rd. Weiss Ratings reiterated a "hold (c)" rating on shares of Dollar General in a research report on Wednesday, July 8th. Raymond James Financial reissued an "outperform" rating and set a $145.00 target price on shares of Dollar General in a research note on Wednesday, June 3rd. BNP Paribas Exane decreased their price target on shares of Dollar General from $144.00 to $113.00 and set a "neutral" rating for the company in a research note on Wednesday, June 3rd. Finally, Piper Sandler dropped their price objective on shares of Dollar General from $133.00 to $118.00 and set a "neutral" rating on the stock in a report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dollar General presently has a consensus rating of "Hold" and a consensus price target of $131.27.

Dollar General Price Performance

Shares of DG opened at $119.44 on Thursday. The business's fifty day moving average is $118.55 and its 200 day moving average is $124.99. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23. 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 stock has a market cap of $26.35 billion, a P/E ratio of 16.89, a P/E/G ratio of 1.83 and a beta of 0.23.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the previous year, the business posted $1.78 EPS. Dollar General'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. Sell-side analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General's payout ratio is currently 33.38%.

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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