Dollar General surged to $153.61 per share this afternoon, but it remains 6.85% above its mean target price of $143.76. There may still be room for more downwards movement — even after today's 3.5% drop. Analysts are giving the Large-Cap Department Store stock on average rating of buy, with target prices ranging from $100.0 to $187.0 per share.
Dollar General's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.5%. The stock's short ratio is 2.49. The company's insiders own 0.25% 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 93.6%. In conclusion, we believe there is mixed market sentiment regarding Dollar General.
Institutions Invested in Dollar General
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Vanguard Group Inc | 11% | 25,071,820 | $3,851,282,285 |
| 2023-12-31 | Blackrock Inc. | 9% | 19,372,704 | $2,975,841,073 |
| 2023-12-31 | Capital International Investors | 9% | 18,676,538 | $2,868,903,013 |
| 2023-12-31 | Price (T.Rowe) Associates Inc | 8% | 18,185,887 | $2,793,534,113 |
| 2023-12-31 | Capital World Investors | 6% | 13,068,256 | $2,007,414,812 |
| 2023-12-31 | State Street Corporation | 4% | 9,638,487 | $1,480,567,993 |
| 2023-12-31 | Geode Capital Management, LLC | 2% | 4,404,406 | $676,560,808 |
| 2023-12-31 | Morgan Stanley | 2% | 4,399,633 | $675,827,627 |
| 2023-12-31 | Longview Partners (Guernsey) LTD | 2% | 4,145,210 | $636,745,710 |
| 2023-12-31 | Norges Bank Investment Management | 1% | 2,479,959 | $380,946,503 |
