This afternoon we watched Dollar General drop -1.7% to a price of $168.25 per share. The large-cap Department Store company is now trading -10.72% below its average target price of $188.46. Analysts have set target prices ranging from $155.0 to $235.0 per share for Dollar General, and have given the stock an average rating of buy.
Dollar General's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.2%. The stock's short ratio is 2.58. The company's insiders own 0.49% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 95.1%. In conclusion, we believe there is mixed market sentiment regarding Dollar General.
Institutions Invested in Dollar General
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Blackrock Inc. | 9% | 19,570,091 | $3,292,667,810 |
| 2023-03-31 | Vanguard Group, Inc. (The) | 8% | 18,290,967 | $3,077,455,197 |
| 2023-03-31 | Price (T.Rowe) Associates Inc | 5% | 11,293,426 | $1,900,118,924 |
| 2023-03-31 | State Street Corporation | 4% | 9,765,333 | $1,643,017,277 |
| 2023-03-31 | Capital International Investors | 4% | 9,161,300 | $1,541,388,725 |
| 2023-03-31 | FMR, LLC | 4% | 7,689,828 | $1,293,813,561 |
| 2023-03-31 | Capital World Investors | 2% | 4,808,242 | $808,986,716 |
| 2023-03-31 | Morgan Stanley | 2% | 4,588,005 | $771,931,841 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 4,163,774 | $700,554,975 |
| 2023-03-31 | JP Morgan Chase & Company | 2% | 3,433,723 | $577,723,894 |
