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Vanguard Personalized Indexing Management LLC Grows Stock Position in Dollar General Co. (NYSE:DG)

Financial News Live ·  Nov 29, 2022 12:11

Vanguard Personalized Indexing Management LLC increased its position in shares of Dollar General Co. (NYSE:DG – Get Rating) by 45.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,101 shares of the company's stock after buying an additional 3,799 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Dollar General were worth $2,970,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Savant Capital LLC raised its position in Dollar General by 29.7% in the first quarter. Savant Capital LLC now owns 1,338 shares of the company's stock valued at $298,000 after purchasing an additional 306 shares during the period. National Bank of Canada FI raised its position in Dollar General by 2.8% in the first quarter. National Bank of Canada FI now owns 43,328 shares of the company's stock valued at $10,069,000 after purchasing an additional 1,178 shares during the period. IFM Investors Pty Ltd raised its position in Dollar General by 14.9% in the first quarter. IFM Investors Pty Ltd now owns 35,541 shares of the company's stock valued at $7,912,000 after purchasing an additional 4,604 shares during the period. Crystal Rock Capital Management raised its position in Dollar General by 5.4% in the first quarter. Crystal Rock Capital Management now owns 23,500 shares of the company's stock valued at $5,232,000 after purchasing an additional 1,200 shares during the period. Finally, Sendero Wealth Management LLC raised its position in Dollar General by 5.8% in the first quarter. Sendero Wealth Management LLC now owns 3,744 shares of the company's stock valued at $834,000 after purchasing an additional 205 shares during the period. Hedge funds and other institutional investors own 91.61% of the company's stock.

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Dollar General Stock Performance

Shares of DG stock opened at $253.10 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.10 and a debt-to-equity ratio of 0.69. Dollar General Co. has a 12 month low of $183.25 and a 12 month high of $262.20. The company has a market cap of $57.09 billion, a P/E ratio of 25.21, a PEG ratio of 2.00 and a beta of 0.40. The firm has a fifty day moving average price of $246.77 and a 200 day moving average price of $242.30.

Insider Buying and Selling at Dollar General

In other Dollar General news, EVP Carman R. Wenkoff sold 10,000 shares of the company's stock in a transaction on Friday, September 30th. The shares were sold at an average price of $240.49, for a total value of $2,404,900.00. Following the completion of the transaction, the executive vice president now owns 22,980 shares in the company, valued at $5,526,460.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

DG has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their price objective on Dollar General from $287.00 to $294.00 in a research report on Friday, September 16th. BMO Capital Markets lowered Dollar General from an "outperform" rating to a "market perform" rating and set a $265.00 price objective on the stock. in a research report on Monday, August 15th. StockNews.com initiated coverage on Dollar General in a research report on Wednesday, October 12th. They set a "buy" rating on the stock. Wells Fargo & Company upped their price objective on Dollar General from $260.00 to $275.00 and gave the stock an "overweight" rating in a research report on Monday, August 22nd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Dollar General from $265.00 to $293.00 in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $272.77.

About Dollar General

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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

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