Pathstone Family Office LLC Buys 989 Shares of Dollar General Co. (NYSE:DG)

Pathstone Family Office LLC grew its holdings in Dollar General Co. (NYSE:DGFree Report) by 9.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,353 shares of the company’s stock after acquiring an additional 989 shares during the period. Pathstone Family Office LLC’s holdings in Dollar General were worth $1,202,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Massmutual Trust Co. FSB ADV boosted its holdings in shares of Dollar General by 70.5% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 237 shares of the company’s stock valued at $25,000 after acquiring an additional 98 shares during the last quarter. Resurgent Financial Advisors LLC purchased a new stake in shares of Dollar General in the 2nd quarter valued at $25,000. First Manhattan Co. boosted its holdings in shares of Dollar General by 447.4% in the 4th quarter. First Manhattan Co. now owns 104 shares of the company’s stock valued at $26,000 after acquiring an additional 85 shares during the last quarter. Financial Freedom LLC purchased a new stake in shares of Dollar General in the 4th quarter valued at $26,000. Finally, Strategic Investment Solutions Inc. IL purchased a new stake in Dollar General during the first quarter worth $28,000. 90.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on DG shares. Truist Financial increased their price target on shares of Dollar General from $117.00 to $125.00 and gave the stock a “hold” rating in a report on Monday, December 18th. Piper Sandler increased their price target on shares of Dollar General from $114.00 to $127.00 and gave the stock a “neutral” rating in a report on Friday, December 8th. Loop Capital lowered their price target on shares of Dollar General from $140.00 to $120.00 and set a “hold” rating on the stock in a report on Monday, October 16th. StockNews.com cut shares of Dollar General from a “hold” rating to a “sell” rating in a research report on Tuesday, February 6th. Finally, Wells Fargo & Company upped their price objective on shares of Dollar General from $110.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 6th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $146.32.

Get Our Latest Stock Report on Dollar General

Dollar General Stock Up 0.7 %

Shares of Dollar General stock opened at $136.14 on Tuesday. Dollar General Co. has a 52-week low of $101.09 and a 52-week high of $233.74. The company has a 50 day moving average of $133.25 and a 200 day moving average of $130.92. The company has a quick ratio of 0.13, a current ratio of 1.22 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $29.88 billion, a P/E ratio of 15.67, a P/E/G ratio of 2.51 and a beta of 0.39.

Dollar General (NYSE:DGGet Free Report) last issued its quarterly earnings results on Thursday, December 7th. The company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.07. The company had revenue of $9.69 billion during the quarter, compared to the consensus estimate of $9.64 billion. Dollar General had a net margin of 4.91% and a return on equity of 31.68%. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.33 earnings per share. As a group, research analysts forecast that Dollar General Co. will post 7.45 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 23rd. Stockholders of record on Tuesday, January 9th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Monday, January 8th. This represents a $2.36 annualized dividend and a dividend yield of 1.73%. Dollar General’s dividend payout ratio is presently 27.16%.

Dollar General Profile

(Free Report)

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

Further Reading

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 Co. (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.