Dollar General Co. (NYSE:DG - Get Free Report) Director Ralph Santana sold 3,009 shares of the firm's stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $155.72, for a total value of $468,561.48. Following the completion of the transaction, the director now directly owns 3,248 shares in the company, valued at $505,778.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Dollar General Stock Down 4.3 %
Shares of NYSE DG opened at $147.78 on Friday. The firm has a 50-day simple moving average of $148.63 and a two-hundred day simple moving average of $132.76. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.19 and a quick ratio of 0.15. Dollar General Co. has a 1 year low of $101.09 and a 1 year high of $222.99. The company has a market cap of $32.46 billion, a P/E ratio of 19.55, a PEG ratio of 2.76 and a beta of 0.42.
Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings data on Thursday, March 14th. The company reported $1.83 EPS for the quarter, topping analysts' consensus estimates of $1.74 by $0.09. The company had revenue of $9.86 billion during the quarter, compared to the consensus estimate of $9.77 billion. Dollar General had a net margin of 4.29% and a return on equity of 26.13%. Dollar General's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.96 earnings per share. Research analysts anticipate that Dollar General Co. will post 7.28 earnings per share for the current year.
Dollar General Dividend Announcement
Have You Seen Elon’s New A.I. Device? (Picture Inside)
From InvestorPlace | Ad
A strange new era for mankind is upon us...
And it's all thanks to Elon Musk's latest creation. Click here to see this strange device you could be wearing some day.
Elon believes A.I. is advancing so fast...
This strange new device to protect us against that A.I. threat...
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 23rd. Stockholders of record on Tuesday, April 9th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Monday, April 8th. Dollar General's dividend payout ratio (DPR) is presently 31.22%.
Institutional Investors Weigh In On Dollar General
A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Dollar General by 15.5% during the 4th quarter. Vanguard Group Inc. now owns 25,071,820 shares of the company's stock worth $3,408,514,000 after purchasing an additional 3,360,413 shares during the last quarter. Capital International Investors raised its position in shares of Dollar General by 13.9% during the 4th quarter. Capital International Investors now owns 18,676,538 shares of the company's stock worth $2,539,026,000 after purchasing an additional 2,273,119 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Dollar General by 162.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,185,887 shares of the company's stock worth $2,472,372,000 after purchasing an additional 11,257,537 shares during the last quarter. Capital World Investors raised its position in shares of Dollar General by 1.0% during the 4th quarter. Capital World Investors now owns 13,068,256 shares of the company's stock worth $1,776,629,000 after purchasing an additional 133,591 shares during the last quarter. Finally, State Street Corp raised its position in shares of Dollar General by 11.3% during the 1st quarter. State Street Corp now owns 9,765,333 shares of the company's stock worth $2,055,202,000 after purchasing an additional 994,813 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
DG has been the topic of a number of recent research reports. Truist Financial raised their target price on Dollar General from $125.00 to $140.00 and gave the stock a "hold" rating in a report on Friday, March 15th. Morgan Stanley raised their price target on Dollar General from $160.00 to $170.00 and gave the company an "overweight" rating in a report on Friday, March 15th. JPMorgan Chase & Co. raised Dollar General from an "underweight" rating to a "neutral" rating and raised their price target for the company from $120.00 to $158.00 in a report on Tuesday, March 12th. Oppenheimer reissued a "market perform" rating on shares of Dollar General in a report on Wednesday, March 6th. Finally, Raymond James raised their price target on Dollar General from $150.00 to $165.00 and gave the company an "outperform" rating in a report on Friday, March 15th. Fifteen research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $152.96.
Read Our Latest Stock Report on Dollar General
Dollar General Company Profile
(
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.
Featured Stories
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 [email protected].
