Dollarama Inc. (TSE:DOL) Director John Assaly Sells 1,339 Shares

Dollarama Inc. (TSE:DOL) Director John Assaly sold 1,339 shares of the company’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of C$114.55, for a total transaction of C$153,378.30.

John Assaly also recently made the following trade(s):

• On Thursday, April 18th, John Assaly sold 1,336 shares of Dollarama stock. The stock was sold at an average price of C$112.36, for a total transaction of C$150,106.41.

Dollarama Price Performance

TSE DOL traded down C$1.38 on Friday, reaching C$115.62. 692,742 shares of the company’s stock traded hands, compared to its average volume of 500,107. Dollarama Inc. has a 12 month low of C$80.81 and a 12 month high of C$117.18. The company has a debt-to-equity ratio of 1,477.71, a current ratio of 1.51 and a quick ratio of 0.08. The stock has a 50-day simple moving average of C$106.82 and a 200 day simple moving average of C$100.60. The stock has a market cap of C$32.52 billion, a PE ratio of 34.83, a P/E/G ratio of 1.93 and a beta of 0.57.

Dollarama Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 19th will be issued a $0.092 dividend. This is a boost from Dollarama’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, April 18th. This represents a $0.37 annualized dividend and a dividend yield of 0.32%. Dollarama’s dividend payout ratio (DPR) is currently 8.43%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DOL. Canaccord Genuity Group upped their target price on shares of Dollarama from C$98.00 to C$100.00 in a research note on Monday, April 1st. National Bankshares upped their target price on shares of Dollarama from C$112.00 to C$120.00 in a research note on Friday, April 5th. Scotiabank increased their price target on shares of Dollarama from C$107.00 to C$113.00 in a research report on Friday, April 5th. TD Securities increased their price target on shares of Dollarama from C$106.00 to C$113.00 and gave the company a “hold” rating in a research report on Friday, April 5th. Finally, National Bank Financial upgraded shares of Dollarama from a “sector perform market weight” rating to an “outperform market weight” rating in a research report on Wednesday, March 13th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$109.36.

Dollarama Company Profile

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.