Dollar General Co. (NYSE:DG - Get Free Report) EVP Emily C. Taylor sold 4,740 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $77.44, for a total transaction of $367,065.60. Following the sale, the executive vice president now directly owns 15,575 shares of the company's stock, valued at $1,206,128. This trade represents a 23.33 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Dollar General Stock Performance
DG opened at $75.35 on Tuesday. The company has a 50 day simple moving average of $78.97 and a two-hundred day simple moving average of $100.76. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. The firm has a market cap of $16.57 billion, a P/E ratio of 12.41, a PEG ratio of 2.37 and a beta of 0.44. Dollar General Co. has a 1-year low of $72.12 and a 1-year high of $168.07.
Dollar General (NYSE:DG - Get Free Report) last issued its earnings results on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.08). Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm had revenue of $10.18 billion during the quarter, compared to the consensus estimate of $10.14 billion. During the same period in the prior year, the company posted $1.26 EPS. The company's quarterly revenue was up 5.0% on a year-over-year basis. Equities analysts forecast that Dollar General Co. will post 5.77 earnings per share for the current fiscal year.
Dollar General Dividend Announcement
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The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, January 7th. This represents a $2.36 dividend on an annualized basis and a yield of 3.13%. Dollar General's dividend payout ratio is presently 38.88%.
Institutional Investors Weigh In On Dollar General
Institutional investors have recently added to or reduced their stakes in the stock. Studio Investment Management LLC lifted its holdings in shares of Dollar General by 117.7% in the second quarter. Studio Investment Management LLC now owns 283 shares of the company's stock worth $37,000 after buying an additional 153 shares in the last quarter. Quarry LP bought a new stake in Dollar General in the 2nd quarter valued at $46,000. Pathway Financial Advisers LLC lifted its stake in Dollar General by 30.6% in the 2nd quarter. Pathway Financial Advisers LLC now owns 376 shares of the company's stock worth $50,000 after purchasing an additional 88 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Dollar General during the 3rd quarter valued at about $33,000. Finally, Crewe Advisors LLC grew its position in shares of Dollar General by 73.9% during the second quarter. Crewe Advisors LLC now owns 447 shares of the company's stock valued at $59,000 after purchasing an additional 190 shares in the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts have commented on the company. Daiwa America lowered Dollar General from a "moderate buy" rating to a "hold" rating in a report on Wednesday, September 4th. Truist Financial reduced their price objective on Dollar General from $94.00 to $83.00 and set a "hold" rating for the company in a report on Friday, December 6th. Jefferies Financial Group lowered their target price on shares of Dollar General from $110.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, November 15th. Gordon Haskett upgraded shares of Dollar General from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 8th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Dollar General from $97.00 to $82.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Dollar General has an average rating of "Hold" and a consensus target price of $98.27.
Check Out Our Latest Stock Analysis on DG
About Dollar General
(
Get Free Report)
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 and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.
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