Dollar General Corp. (DG) Receives $92.30 Consensus PT from Analysts

Shares of Dollar General Corp. (NYSE:DG) have received an average recommendation of “Buy” from the twenty-nine research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $92.30.

Several equities analysts have recently weighed in on DG shares. Deutsche Bank increased their price objective on shares of Dollar General to $97.00 and gave the stock a “buy” rating in a research note on Thursday, December 7th. UBS Group reiterated a “buy” rating and issued a $99.00 price objective (up previously from $85.00) on shares of Dollar General in a research note on Monday, December 4th. Raymond James Financial reiterated a “buy” rating and issued a $107.00 price objective on shares of Dollar General in a research note on Sunday, December 3rd. MKM Partners increased their price objective on shares of Dollar General to $96.00 and gave the stock a “buy” rating in a research note on Monday, November 20th. Finally, Zacks Investment Research upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a research note on Tuesday, November 14th.

In other Dollar General news, SVP Anita C. Elliott sold 2,012 shares of the stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $92.82, for a total transaction of $186,753.84. Following the completion of the sale, the senior vice president now directly owns 14,969 shares of the company’s stock, valued at approximately $1,389,422.58. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Michael J. Kindy sold 7,536 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $90.64, for a total transaction of $683,063.04. Following the sale, the senior vice president now directly owns 7,578 shares of the company’s stock, valued at $686,869.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,916 shares of company stock valued at $1,924,881. Insiders own 0.32% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in shares of Dollar General by 37.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,315,769 shares of the company’s stock valued at $94,847,000 after purchasing an additional 355,121 shares in the last quarter. Brandywine Global Investment Management LLC grew its holdings in shares of Dollar General by 3.5% in the second quarter. Brandywine Global Investment Management LLC now owns 65,950 shares of the company’s stock valued at $4,755,000 after purchasing an additional 2,212 shares in the last quarter. Numeric Investors LLC grew its holdings in shares of Dollar General by 127.4% in the second quarter. Numeric Investors LLC now owns 19,100 shares of the company’s stock valued at $1,377,000 after purchasing an additional 10,700 shares in the last quarter. QS Investors LLC grew its holdings in shares of Dollar General by 16.1% in the second quarter. QS Investors LLC now owns 10,294 shares of the company’s stock valued at $742,000 after purchasing an additional 1,425 shares in the last quarter. Finally, Employees Retirement System of Texas grew its holdings in shares of Dollar General by 411.6% in the second quarter. Employees Retirement System of Texas now owns 71,622 shares of the company’s stock valued at $5,163,000 after purchasing an additional 57,622 shares in the last quarter. 90.29% of the stock is owned by institutional investors and hedge funds.

Dollar General (NYSE DG) traded up $0.66 on Friday, reaching $100.10. 830,508 shares of the company’s stock traded hands, compared to its average volume of 2,176,534. Dollar General has a 1-year low of $65.97 and a 1-year high of $105.82. The company has a quick ratio of 0.19, a current ratio of 1.41 and a debt-to-equity ratio of 0.47. The company has a market cap of $27,000.00, a PE ratio of 22.24, a P/E/G ratio of 1.65 and a beta of 1.00.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, December 7th. The company reported $0.93 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.01). Dollar General had a return on equity of 22.58% and a net margin of 5.31%. The business had revenue of $5.90 billion during the quarter, compared to the consensus estimate of $5.80 billion. During the same quarter last year, the company earned $0.89 EPS. Dollar General’s revenue for the quarter was up 11.0% on a year-over-year basis. research analysts forecast that Dollar General will post 4.5 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.04%. The ex-dividend date was Monday, January 8th. Dollar General’s dividend payout ratio is 23.06%.

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About Dollar General

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.

Analyst Recommendations for Dollar General (NYSE:DG)

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