This afternoon we watched Dollar General rise 1.7% to a price of $155.53 per share. The large-cap Department Store company is now trading -16.55% below its average target price of $186.37. Analysts have set target prices ranging from $155.0 to $230.0 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 2.0%. The stock's short ratio is 1.83. The company's insiders own 0.48% 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 92.7%. In conclusion, we believe there is mixed market sentiment regarding Dollar General.
Institutions Invested in Dollar General
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Blackrock Inc. | 8% | 18,595,309 | $2,892,035,318 |
| 2023-06-30 | Vanguard Group Inc | 8% | 18,254,014 | $2,838,955,415 |
| 2023-06-30 | Capital International Investors | 7% | 15,087,855 | $2,346,538,556 |
| 2023-06-30 | Capital World Investors | 5% | 10,787,703 | $1,677,757,443 |
| 2023-06-30 | State Street Corporation | 4% | 9,737,232 | $1,514,382,947 |
| 2023-06-30 | Price (T.Rowe) Associates Inc | 3% | 6,742,407 | $1,048,612,807 |
| 2023-06-30 | JP Morgan Chase & Company | 2% | 5,147,994 | $800,641,735 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 4,214,491 | $655,458,687 |
| 2023-06-30 | FMR, LLC | 2% | 4,109,097 | $639,067,285 |
| 2023-06-30 | Morgan Stanley | 2% | 3,968,116 | $617,141,216 |
