MassMutual Private Wealth & Trust FSB Has $121,000 Holdings in Dollar General Corporation $DG

MassMutual Private Wealth & Trust FSB boosted its holdings in Dollar General Corporation (NYSE:DG) by 18.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,056 shares of the company’s stock after buying an additional 163 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Dollar General were worth $121,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DG. Ameriflex Group Inc. bought a new position in Dollar General in the fourth quarter valued at about $31,000. Mountain Hill Investment Partners Corp. raised its position in 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 during the last quarter. Golden State Wealth Management LLC raised its position in Dollar General by 170.1% in the first quarter. Golden State Wealth Management LLC now owns 543 shares of the company’s stock valued at $48,000 after purchasing an additional 342 shares during the last quarter. CVA Family Office LLC raised its position in Dollar General by 39.4% in the first quarter. CVA Family Office LLC now owns 570 shares of the company’s stock valued at $50,000 after purchasing an additional 161 shares during the last quarter. Finally, Fourth Dimension Wealth LLC bought a new position in Dollar General in the fourth quarter valued at about $52,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Performance

Shares of Dollar General stock opened at $102.09 on Friday. The business’s fifty day simple moving average is $109.84 and its 200 day simple moving average is $101.40. The firm has a market capitalization of $22.47 billion, a P/E ratio of 18.91, a price-to-earnings-growth ratio of 2.25 and a beta of 0.29. Dollar General Corporation has a 12 month low of $66.43 and a 12 month high of $117.95. The company has a current ratio of 1.25, a quick ratio of 0.27 and a debt-to-equity ratio of 0.71.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, August 28th. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.30. The business had revenue of $10.73 billion for the quarter, compared to analyst estimates of $10.68 billion. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.Dollar General’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company posted $1.70 earnings per share. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. As a group, analysts anticipate that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

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

Analyst Ratings Changes

DG has been the subject of a number of analyst reports. Cfra Research upgraded Dollar General to a “hold” rating in a research report on Tuesday, June 3rd. Telsey Advisory Group set a $123.00 price objective on Dollar General in a research report on Friday, August 29th. Guggenheim reiterated a “buy” rating and issued a $125.00 target price on shares of Dollar General in a report on Friday, August 29th. Gordon Haskett upgraded Dollar General from a “reduce” rating to an “accumulate” rating in a report on Tuesday, June 3rd. Finally, JPMorgan Chase & Co. lifted their target price on Dollar General from $95.00 to $109.00 and gave the stock a “neutral” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $114.52.

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.