Dollar General Co. (NYSE:DG) Stock Holdings Lessened by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. reduced its holdings in Dollar General Co. (NYSE:DG) by 2.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 5,135 shares of the company’s stock after selling 122 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Dollar General were worth $801,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. LRI Investments LLC bought a new position in shares of Dollar General in the 1st quarter worth about $228,000. Westwood Holdings Group Inc. lifted its position in shares of Dollar General by 3.2% in the 1st quarter. Westwood Holdings Group Inc. now owns 477,421 shares of the company’s stock worth $74,506,000 after buying an additional 14,794 shares during the last quarter. Capital International Sarl lifted its position in Dollar General by 78.7% in the 1st quarter. Capital International Sarl now owns 34,532 shares of the company’s stock valued at $5,389,000 after purchasing an additional 15,211 shares during the last quarter. Capital International Inc. CA lifted its position in Dollar General by 17.2% in the 1st quarter. Capital International Inc. CA now owns 201,855 shares of the company’s stock valued at $31,501,000 after purchasing an additional 29,593 shares during the last quarter. Finally, Capital International Investors lifted its position in Dollar General by 11.3% in the 1st quarter. Capital International Investors now owns 20,790,023 shares of the company’s stock valued at $3,244,491,000 after purchasing an additional 2,113,485 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Dollar General Trading Down 0.2 %

Shares of DG stock traded down $0.22 during trading hours on Friday, reaching $118.09. 1,577,358 shares of the stock traded hands, compared to its average volume of 2,407,047. The firm has a market capitalization of $25.97 billion, a PE ratio of 17.19, a PEG ratio of 2.32 and a beta of 0.43. The company has a quick ratio of 0.18, a current ratio of 1.22 and a debt-to-equity ratio of 0.89. The business has a fifty day moving average price of $129.76 and a 200 day moving average price of $138.95. Dollar General Co. has a 1-year low of $101.09 and a 1-year high of $173.47.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, May 30th. The company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.08. The firm had revenue of $9.91 billion for the quarter, compared to analyst estimates of $9.89 billion. Dollar General had a net margin of 3.85% and a return on equity of 22.80%. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.34 EPS. On average, equities research analysts forecast that Dollar General Co. will post 7.21 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 23rd. Shareholders of record on Tuesday, July 9th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, July 9th. This represents a $2.36 annualized dividend and a yield of 2.00%. Dollar General’s dividend payout ratio is presently 34.35%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on DG shares. Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 price objective on shares of Dollar General in a research report on Thursday, May 30th. Evercore ISI dropped their price target on shares of Dollar General from $151.00 to $148.00 and set an “in-line” rating on the stock in a research report on Tuesday, July 2nd. Argus dropped their price target on shares of Dollar General from $175.00 to $170.00 and set a “buy” rating on the stock in a research report on Monday, July 15th. Truist Financial dropped their price target on shares of Dollar General from $140.00 to $135.00 and set a “hold” rating on the stock in a research report on Friday, May 31st. Finally, Piper Sandler dropped their price target on shares of Dollar General from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Friday, May 31st. Twelve equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $147.86.

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.