Dollar General Co. (NYSE:DG) EVP Emily C. Taylor Sells 809 Shares

Dollar General Co. (NYSE:DG) EVP Emily C. Taylor sold 809 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the sale, the executive vice president now directly owns 48,532 shares of the company’s stock, valued at approximately $4,596,951.04. This trade represents a 1.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Dollar General Stock Performance

Shares of DG opened at $87.87 on Wednesday. Dollar General Co. has a 12 month low of $66.43 and a 12 month high of $156.60. The business’s fifty day simple moving average is $79.10 and its two-hundred day simple moving average is $78.14. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The company has a market cap of $19.33 billion, a price-to-earnings ratio of 14.48, a P/E/G ratio of 2.18 and a beta of 0.40.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, March 13th. The company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.51 by $0.17. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company had revenue of $10.30 billion for the quarter, compared to analysts’ expectations of $10.26 billion. During the same period last year, the firm posted $1.83 earnings per share. Dollar General’s revenue was up 4.5% compared to the same quarter last year. Research analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, April 8th. This represents a $2.36 dividend on an annualized basis and a yield of 2.69%. Dollar General’s dividend payout ratio (DPR) is 46.18%.

Institutional Investors Weigh In On Dollar General

Large investors have recently added to or reduced their stakes in the stock. IMG Wealth Management Inc. bought a new position in shares of Dollar General during the 4th quarter valued at $25,000. Altshuler Shaham Ltd purchased a new stake in Dollar General during the fourth quarter valued at $25,000. Ameriflex Group Inc. bought a new position in Dollar General in the fourth quarter valued at about $31,000. Wilmington Savings Fund Society FSB purchased a new position in Dollar General in the third quarter worth about $33,000. Finally, Providence First Trust Co bought a new stake in shares of Dollar General during the 4th quarter valued at about $33,000. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

DG has been the subject of several analyst reports. Truist Financial increased their price target on shares of Dollar General from $76.00 to $93.00 and gave the company a “hold” rating in a research report on Tuesday. UBS Group cut their target price on Dollar General from $108.00 to $95.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Melius raised Dollar General from a “hold” rating to a “buy” rating and set a $110.00 price target for the company in a research report on Tuesday. Gordon Haskett lowered Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $80.00 target price (down previously from $90.00) on shares of Dollar General in a report on Monday, March 3rd. Sixteen equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $94.75.

Dollar General Company Profile

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.