Fifth Third Bancorp Increases Stake in Dollar General Corporation $DG
Fifth Third Bancorp raised its holdings in Dollar General Corporation (NYSE:DG - Free Report) by 300. 5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,873 shares of the company's stock after buying an additional 38,170 sh
Fifth Third Bancorp raised its holdings in Dollar General Corporation (NYSE:DG-Free Report) by 300. 5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,873 shares of the company's stock after buying an additional 38,170 shares during the period. Fifth Third Bancorp's holdings in Dollar General were worth $6,040,000 as of its most recent SEC filing. Dollar Tree’s Turnaround Is Starting to Take RootOther institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Dollar General by 1. 5% in the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company's stock valued at $3,625,822,000 after purchasing an additional 412,542 shares during the period. State Street Corp increased its holdings in Dollar General by 0. 5% during the 4th quarter. State Street Corp now owns 11,017,002 shares of the company's stock worth $1,462,727,000 after purchasing an additional 53,624 shares during the period. Morgan Stanley increased its holdings in Dollar General by 35. 0% during the 4th 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. Geode Capital Management LLC raised its position in Dollar General by 0. 8% in the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company's stock valued at $754,857,000 after purchasing an additional 42,936 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in Dollar General by 47. 9% in the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company's stock valued at $495,830,000 after purchasing an additional 1,208,892 shares in the last quarter. Institutional investors and hedge funds own 91. 77% of the company's stock. GetDollar Generalalerts:Wall Street Analysts Forecast GrowthA number of equities analysts have recently commented on the company. BNP Paribas Exane lowered their price objective on Dollar General from $144. 00 to $113. 00 and set a "neutral" rating for the company in a research report on Wednesday, June 3rd. Rothschild & Co Redburn reduced their target price on shares of Dollar General from $111. 00 to $90. 00 and set a "sell" rating on the stock in a report on Monday, May 18th. Loop Capital lifted their price target on shares of Dollar General from $110. 00 to $115. 00 and gave the stock a "hold" rating in a research note on Wednesday, June 3rd. Daiwa Securities Group reduced their price objective on shares of Dollar General from $136. 00 to $111. 00 and set a "neutral" rating on the stock in a report on Thursday, June 4th. Finally, Telsey Advisory Group decreased their price objective on shares of Dollar General from $140. 00 to $125. 00 and set a "market perform" rating for the company in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat. com, Dollar General currently has a consensus rating of "Hold" and an average price target of $131. 27. MarketBeat Week in Review – 06/01 - 06/05View Our Latest Stock Report on Dollar GeneralDollar General Price PerformanceDG stockopened at $127. 05 on Friday. The business has a 50 day moving average price of $111. 61 and a 200 day moving average price of $127. 59. 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 $28. 03 billion, a price-to-earnings ratio of 17. 97, a PEG ratio of 1. 84 and a beta of 0. 25. Dollar General Corporation has a fifty-two week low of $95. 11 and a fifty-two week high of $158. 23. Five Below Down 12% Post Earnings—Is the Selloff Overdone?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 the consensus estimate of $1. 89 by $0. 11. Dollar General had a net margin of 3. 63% and a return on equity of 18. 65%. The company had revenue of $10. 79 billion for the quarter, compared to analyst estimates of $10. 81 billion. During the same period in the prior year, the firm posted $1. 78 earnings per share. The firm's 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. Equities research analysts anticipate that Dollar General Corporation will post 7. 38 earnings per share for the current fiscal year. Dollar General Announces DividendThe business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be paid 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 Profile(Free Report)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. Featured ArticlesFive stocks we like better than Dollar GeneralWhy Abbott Laboratories Stock Is Suddenly Winning Back Wall StreetRevving Up Returns: Big Banks Race Through the Rate PlateauWhy Uber’s Biggest Deal Yet Could Unlock Its Next Growth PhaseWhy Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the TestWant to see what other hedge funds are holding DG?Visit HoldingsChannel. comto get the latest 13F filings and insider trades for Dollar General Corporation (NYSE:DG-Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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