Dollarama Inc. (TSE:DOL - Get Free Report) Senior Officer Geoffrey Peter Robillard sold 28,000 shares of the business's stock in a transaction on Friday, April 11th. The stock was sold at an average price of C$160.00, for a total transaction of C$4,480,000.00.
Dollarama Price Performance
Shares of TSE DOL opened at C$161.74 on Friday. The business has a fifty day moving average price of C$148.68 and a two-hundred day moving average price of C$144.20. The stock has a market capitalization of C$44.70 billion, a PE ratio of 41.19, a P/E/G ratio of 1.93 and a beta of 0.56. The company has a debt-to-equity ratio of 369.36, a current ratio of 1.43 and a quick ratio of 0.08. Dollarama Inc. has a fifty-two week low of C$111.10 and a fifty-two week high of C$174.22.
Dollarama Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 9th will be paid a $0.1058 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date is Thursday, April 17th. This is an increase from Dollarama's previous quarterly dividend of $0.09. Dollarama's payout ratio is 9.42%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on DOL shares. Stifel Nicolaus increased their price objective on shares of Dollarama from C$140.00 to C$162.00 in a research note on Friday, April 4th. National Bankshares raised shares of Dollarama from a "sector perform" rating to an "outperform" rating and increased their price target for the company from C$156.00 to C$166.00 in a report on Friday, March 28th. UBS Group boosted their price objective on Dollarama from C$147.00 to C$165.00 in a report on Friday, April 4th. Royal Bank of Canada increased their target price on Dollarama from C$149.00 to C$183.00 in a research note on Friday, April 4th. Finally, Desjardins boosted their price target on Dollarama from C$150.00 to C$160.00 and gave the company a "buy" rating in a research note on Wednesday, April 2nd. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of C$164.50.
Check Out Our Latest Research Report on Dollarama
About Dollarama
(
Get Free Report)
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company's product offerings.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
