Shares of Dollar General Corporation (NYSE:DG) have been given a consensus recommendation of “Hold” by the twenty-six analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $82.07.
A number of research analysts have recently weighed in on the company. Buckingham Research reissued a “neutral” rating and issued a $75.00 price target on shares of Dollar General Corporation in a research note on Monday, August 7th. BidaskClub raised Dollar General Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Zacks Investment Research downgraded Dollar General Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd. BMO Capital Markets set a $85.00 price target on Dollar General Corporation and gave the company a “hold” rating in a research note on Tuesday, August 22nd. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $85.00 price target on shares of Dollar General Corporation in a research note on Friday, September 29th.
Dollar General Corporation (NYSE DG) traded up $0.58 during trading hours on Friday, reaching $87.23. The company’s stock had a trading volume of 1,511,741 shares, compared to its average volume of 2,836,681. Dollar General Corporation has a 12-month low of $65.97 and a 12-month high of $88.13. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.18 and a current ratio of 1.42. The firm has a market cap of $23,840.00, a P/E ratio of 19.28, a price-to-earnings-growth ratio of 1.71 and a beta of 0.93.
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 24th. Shareholders of record on Tuesday, October 10th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date was Friday, October 6th. Dollar General Corporation’s dividend payout ratio (DPR) is presently 23.53%.
In other Dollar General Corporation news, EVP Robert D. Ravener sold 11,257 shares of the stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $77.00, for a total transaction of $866,789.00. Following the completion of the transaction, the executive vice president now owns 22,598 shares in the company, valued at approximately $1,740,046. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.32% of the stock is currently owned by corporate insiders.
Institutional investors have recently bought and sold shares of the company. Sun Life Financial INC boosted its stake in shares of Dollar General Corporation by 18,170.0% during the 2nd quarter. Sun Life Financial INC now owns 1,827 shares of the company’s stock worth $132,000 after buying an additional 1,817 shares during the last quarter. Alpha Windward LLC boosted its stake in shares of Dollar General Corporation by 3.0% during the 2nd quarter. Alpha Windward LLC now owns 1,900 shares of the company’s stock worth $137,000 after buying an additional 56 shares during the last quarter. Huntington National Bank boosted its stake in shares of Dollar General Corporation by 4.0% during the 2nd quarter. Huntington National Bank now owns 1,965 shares of the company’s stock worth $142,000 after buying an additional 75 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Dollar General Corporation by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock worth $146,000 after buying an additional 48 shares during the last quarter. Finally, Harbour Capital Advisors LLC boosted its stake in shares of Dollar General Corporation by 7,109.3% during the 2nd quarter. Harbour Capital Advisors LLC now owns 10,814 shares of the company’s stock worth $150,000 after buying an additional 10,664 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.
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About Dollar General Corporation
Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.
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