Pzena Investment Management Reduces $432M in Dollar General Corporation ($DG)
Key Points
- Pzena Investment Management changed its Dollar General Corporation ($DG) stake by 35.4% last quarter, cutting to 6,897,541 shares worth $788.66 million.
- Wall Street's consensus rating on $DG is Buy and an average price target of $131.24.
- $DG last traded around $114.34.
Pzena Investment Management reduced its position in Dollar General Corporation ($DG) by 35.4% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,897,541 shares of Dollar General Corporation after selling 3,779,282 shares during the quarter. Pzena Investment Management's holdings in Dollar General Corporation were worth $788.66 million as of its most recent filing.
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About Dollar General Corporation
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food, such as cereals, pasta, canned soups, canned meats, fruits and vegetables, condiments, spices, sugar, and flour; and perishables, including milk, eggs, bread, refrigerated and frozen food, beer, wine, and produce; candy, cookies, crackers, salty snacks, and carbonated beverages; over-the-counter medicines and personal care products including soap, body wash, shampoo, cosmetics, dental hygiene and foot care products; pet supplies and pet food; and tobacco products. The company also provides seasonal products comprising holiday items, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive, and home office supplies; home products include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods; and apparel products for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.
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