J. Safra Sarasin Holding AG Sells 7,320 Shares of Dollar General Corporation $DG

J. Safra Sarasin Holding AG lowered its position in Dollar General Corporation (NYSE:DG) by 31.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,246 shares of the company’s stock after selling 7,320 shares during the period. J. Safra Sarasin Holding AG’s holdings in Dollar General were worth $1,927,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DG. Parkside Financial Bank & Trust boosted its position in Dollar General by 9.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after purchasing an additional 69 shares during the last quarter. BOKF NA increased its position in shares of Dollar General by 15.2% during the 4th quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after purchasing an additional 73 shares during the last quarter. Strata Wealth Advisors LLC increased its position in shares of Dollar General by 3.3% during the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after purchasing an additional 75 shares during the last quarter. Optimize Financial Inc lifted its stake in shares of Dollar General by 1.4% in the 4th quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after purchasing an additional 76 shares during the period. Finally, Tevis Investment Management lifted its stake in shares of Dollar General by 0.5% in the 3rd 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. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on DG shares. Evercore cut their target price on shares of Dollar General from $145.00 to $140.00 in a research report on Wednesday, June 3rd. Telsey Advisory Group decreased their price target on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Jefferies Financial Group cut their price objective on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Barclays reduced their price objective on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Finally, Gordon Haskett cut Dollar General from a “buy” rating to a “hold” rating and decreased their target price for the stock from $140.00 to $110.00 in a report on Friday, May 22nd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General currently has a consensus rating of “Hold” and an average target price of $131.27.

Dollar General Stock Up 3.8%

Shares of DG stock opened at $123.44 on Tuesday. The company’s fifty day simple moving average is $111.24 and its two-hundred day simple moving average is $127.87. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The stock has a market cap of $27.23 billion, a P/E ratio of 17.46, a PEG ratio of 1.81 and a beta of 0.25. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating 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 firm 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 earnings per share. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Analysts predict that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) 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.