CVA Family Office LLC Has $90,000 Stake in Dollar General Corporation $DG

CVA Family Office LLC raised its holdings in Dollar General Corporation (NYSE:DG) by 37.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 785 shares of the company’s stock after purchasing an additional 215 shares during the quarter. CVA Family Office LLC’s holdings in Dollar General were worth $90,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Mountain Hill Investment Partners Corp. increased its holdings in shares of Dollar General by 66.7% in the first quarter. Mountain Hill Investment Partners Corp. now owns 500 shares of the company’s stock valued at $44,000 after purchasing an additional 200 shares in the last quarter. Golden State Wealth Management LLC raised its position in shares of Dollar General by 170.1% during the first quarter. Golden State Wealth Management LLC now owns 543 shares of the company’s stock worth $48,000 after acquiring an additional 342 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Dollar General by 384.3% during the first quarter. Larson Financial Group LLC now owns 615 shares of the company’s stock valued at $54,000 after acquiring an additional 488 shares during the period. Harbor Investment Advisory LLC boosted its holdings in Dollar General by 35.2% in the second quarter. Harbor Investment Advisory LLC now owns 492 shares of the company’s stock valued at $56,000 after acquiring an additional 128 shares during the last quarter. Finally, Bogart Wealth LLC increased its position in Dollar General by 37.6% in the first quarter. Bogart Wealth LLC now owns 674 shares of the company’s stock worth $59,000 after purchasing an additional 184 shares during the period. Institutional investors own 91.77% of the company’s stock.

Dollar General Price Performance

DG opened at $101.92 on Friday. The stock has a market cap of $22.43 billion, a P/E ratio of 18.87, a P/E/G ratio of 2.15 and a beta of 0.30. Dollar General Corporation has a 12 month low of $66.43 and a 12 month high of $117.95. The company has a quick ratio of 0.27, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The company has a fifty day simple moving average of $105.49 and a 200 day simple moving average of $104.70.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. The firm had revenue of $10.73 billion during the quarter, compared to analysts’ expectations of $10.68 billion. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.The company’s revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.70 earnings per share. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. On average, research analysts expect that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, October 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. Dollar General’s payout ratio is presently 43.70%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DG. Barclays upped their target price on shares of Dollar General from $119.00 to $127.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. UBS Group increased their price objective on shares of Dollar General from $128.00 to $135.00 and gave the company a “buy” rating in a report on Friday, August 29th. JPMorgan Chase & Co. raised their price objective on shares of Dollar General from $95.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. Telsey Advisory Group set a $123.00 target price on shares of Dollar General in a research report on Friday, August 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Dollar General in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, Dollar General presently has an average rating of “Hold” and a consensus target price of $115.40.

Dollar General Company Profile

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.