Wed Sep 11 09:44:46 UTC 2024: ## Candriam S.C.A. Increases Dollar General Holdings Amidst Mixed Analyst Sentiment
**New York, NY** – Candriam S.C.A., a prominent institutional investor, increased its holdings in Dollar General Co. (NYSE:DG) by 3.0% during the second quarter, according to Holdings Channel reports. The firm now owns 13,584 shares of the discount retailer, valued at $1,796,000.
Candriam’s move comes amidst a period of mixed sentiment among analysts regarding Dollar General. While some, like Gordon Haskett and Telsey Advisory Group, downgraded their ratings on the stock, others remain optimistic. Piper Sandler, Wells Fargo & Company, and Oppenheimer have recently adjusted their price targets on the stock.
Overall, the stock currently holds an average rating of “Hold” with an average price target of $113.95, according to MarketBeat.
In other Dollar General news, Director Warren F. Bryant purchased 500 shares of the stock on September 5th at an average price of $80.40 per share, totaling $40,200. This brings his total ownership to 41,030 shares, valued at $3,298,812.
Dollar General Corporation operates a network of discount stores across the southern, southwestern, midwestern, and eastern United States, offering a wide range of merchandise, including consumable products, packaged food, and perishables. The company recently announced a quarterly dividend of $0.59, payable on October 22nd to investors of record on October 8th.
While institutional investors continue to adjust their positions in Dollar General, the company’s performance will likely be closely watched in the coming months, particularly as the retail landscape continues to evolve.
First Piper 