1 week Ago By Defense World Staff
Shares of Dollar General Co. (NYSE:DG – Get Free Report) have been given a consensus rating of “Hold” by the twenty-five brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company.
The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $94.75. Several brokerages have weighed in on DG.
Melius raised Dollar General from a “hold” rating to a “buy” rating and set a $110.00 price target for the company in a report on Tuesday. Gordon Haskett downgraded shares of Dollar General from a “hold” rating to a “reduce” rating in a research report on Wednesday.
Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $80.00 price objective (down from $90.00) on shares of Dollar General in a report on Monday, March 3rd.
Melius Research raised Dollar General from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Truist Financial increased their price objective on Dollar General from $76.00 to $93.
00 and gave the company a “hold” rating in a report on Tuesday.Check Out Our Latest Analysis on Dollar GeneralInsider Transactions at Dollar GeneralIn other Dollar General news, EVP Emily C. Taylor sold 809 shares of the stock in a transaction that occurred on Friday, April 4th.
The stock was sold at an average price of $94.72, for a total transaction of $76,628.48.
Following the completion of the transaction, the executive vice president now owns 48,532 shares of the company’s stock, valued at $4,596,951.04. This represents a 1.
64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.
49% of the company’s stock. Institutional Trading of Dollar GeneralSeveral large investors have recently made changes to their positions in DG. Vanguard Group Inc.
raised its holdings in Dollar General by 0.6% in the 4th quarter. Vanguard Group Inc.
now owns 25,231,285 shares of the company’s stock valued at $1,913,036,000 after acquiring an additional 160,853 shares during the last quarter. Pzena Investment Management LLC increased its holdings in shares of Dollar General by 14.9% in the fourth quarter.
Pzena Investment Management LLC now owns 11,767,336 shares of the company’s stock valued at $892,199,000 after purchasing an additional 1,528,450 shares during the last quarter. Geode Capital Management LLC lifted its position in Dollar General by 2.3% during the fourth quarter.
Geode Capital Management LLC now owns 5,361,216 shares of the company’s stock worth $405,425,000 after buying an additional 118,204 shares in the last quarter. First Eagle Investment Management LLC acquired a new position in Dollar General during the fourth quarter worth $399,433,000. Finally, ACR Alpine Capital Research LLC grew its holdings in Dollar General by 8,426.
1% in the 4th quarter. ACR Alpine Capital Research LLC now owns 4,041,471 shares of the company’s stock valued at $306,424,000 after buying an additional 3,994,070 shares in the last quarter. 91.
77% of the stock is currently owned by hedge funds and other institutional investors. Dollar General Stock PerformanceDG stock opened at $87.45 on Friday.
The firm has a 50-day simple moving average of $80.00 and a two-hundred day simple moving average of $78.21.
The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.
15. Dollar General has a one year low of $66.43 and a one year high of $156.
25. The firm has a market cap of $19.23 billion, a price-to-earnings ratio of 14.
41, a PEG ratio of 2.18 and a beta of 0.40.
Dollar General (NYSE:DG – Get Free Report) last announced its earnings results on Thursday, March 13th. The company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.
51 by $0.17. The company had revenue of $10.
30 billion during the quarter, compared to the consensus estimate of $10.26 billion. Dollar General had a net margin of 3.
33% and a return on equity of 18.85%. Dollar General’s revenue was up 4.
5% compared to the same quarter last year. During the same period last year, the firm earned $1.83 earnings per share.
On average, equities analysts forecast that Dollar General will post 5.75 EPS for the current fiscal year. Dollar General Dividend AnnouncementThe business also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd.
Stockholders of record on Tuesday, April 8th will be given a $0.59 dividend. The ex-dividend date is Tuesday, April 8th.
This represents a $2.36 annualized dividend and a dividend yield of 2.70%.
Dollar General’s dividend payout ratio (DPR) is 46.18%. About Dollar General (Get Free ReportDollar 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.Further ReadingFive stocks we like better than Dollar General3 Stocks to Protect Your Portfolio from the Coronavirus Contagion Joby Aviation: Operational Momentum vs. Market SentimentHow to Profit From Value Investing Broadcom’s Big Outperformance Shows Strength Amid Tariff DeclineCanada Bond Market Holiday: How to Invest and Trade Carvana: Can Turnaround Strength Outdrive Market Headwinds?.
