Dollar General stock is trading -21.72% below its average target price of $105.49 after marking a 2.7% during today's morning session. Analysts are giving the Large-Cap Department Store company an average rating of hold and target prices ranging from $87.0 to $157.0 per share.
The stock has an average amount of shares sold short at 3.5%, and a short ratio of 2.9. The company's insiders own 0.26% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 95.1% of Dollar General's shares being owned by this investor type.
Institutions Invested in Dollar General
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Capital International Investors | 11% | 25,215,397 | $2,082,287,530 |
| 2024-06-30 | Vanguard Group Inc | 11% | 24,935,694 | $2,059,189,656 |
| 2024-06-30 | Price (T.Rowe) Associates Inc | 10% | 21,719,412 | $1,793,589,082 |
| 2024-06-30 | Blackrock Inc. | 8% | 17,945,623 | $1,481,949,580 |
| 2024-06-30 | Capital World Investors | 5% | 11,550,690 | $953,856,001 |
| 2024-06-30 | State Street Corporation | 4% | 9,198,835 | $759,639,811 |
| 2024-06-30 | Geode Capital Management, LLC | 2% | 5,060,712 | $417,913,606 |
| 2024-06-30 | Morgan Stanley | 2% | 3,970,214 | $327,860,279 |
| 2024-06-30 | Longview Partners (Guernsey) LTD | 2% | 3,569,257 | $294,749,249 |
| 2024-06-30 | Norges Bank Investment Management | 1% | 2,657,292 | $219,439,178 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Dollar General.
