Dollar General Corp. (NYSE:DG) EVP Robert D. Ravener sold 78,987 shares of Dollar General stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $117.78, for a total value of $9,303,088.86. Following the sale, the executive vice president now directly owns 62,434 shares of the company’s stock, valued at approximately $7,353,476.52. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

NYSE DG opened at $119.36 on Friday. The stock has a market cap of $30.81 billion, a price-to-earnings ratio of 19.99, a P/E/G ratio of 1.49 and a beta of 0.71. Dollar General Corp. has a fifty-two week low of $86.87 and a fifty-two week high of $121.27. The company has a quick ratio of 0.19, a current ratio of 1.55 and a debt-to-equity ratio of 0.45.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, March 14th. The company reported $1.84 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.89 by ($0.05). The company had revenue of $6.65 billion for the quarter, compared to analysts’ expectations of $6.61 billion. Dollar General had a net margin of 6.20% and a return on equity of 25.04%. The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.48 EPS. Analysts forecast that Dollar General Corp. will post 6.41 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Monday, April 8th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.07%. This is a positive change from Dollar General’s previous quarterly dividend of $0.29. Dollar General’s dividend payout ratio (DPR) is presently 19.43%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc raised its stake in shares of Dollar General by 2.0% during the 3rd quarter. Vanguard Group Inc now owns 19,201,573 shares of the company’s stock valued at $2,098,732,000 after buying an additional 370,008 shares during the last quarter. Gateway Investment Advisers LLC raised its stake in shares of Dollar General by 2.5% during the 4th quarter. Gateway Investment Advisers LLC now owns 11,062 shares of the company’s stock valued at $1,196,000 after buying an additional 274 shares during the last quarter. Alpha Windward LLC raised its stake in shares of Dollar General by 32.3% during the 4th quarter. Alpha Windward LLC now owns 2,485 shares of the company’s stock valued at $269,000 after buying an additional 606 shares during the last quarter. Capital Investment Advisory Services LLC purchased a new position in shares of Dollar General during the 4th quarter valued at about $68,000. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Dollar General by 153.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,569 shares of the company’s stock valued at $493,000 after purchasing an additional 2,769 shares in the last quarter. Institutional investors and hedge funds own 96.66% of the company’s stock.

A number of analysts have commented on DG shares. ValuEngine cut Dollar General from a “buy” rating to a “hold” rating in a research report on Wednesday, December 5th. Credit Suisse Group set a $108.00 price target on Dollar General and gave the stock a “hold” rating in a research report on Tuesday, December 4th. Citigroup lowered their price target on Dollar General from $133.00 to $120.00 and set a “buy” rating for the company in a research report on Monday, December 10th. Morgan Stanley set a $115.00 price target on Dollar General and gave the stock a “buy” rating in a research report on Wednesday, December 26th. Finally, JPMorgan Chase & Co. lifted their price target on Dollar General to $123.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 9th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $118.26.

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About Dollar General

Dollar General Corp. engages in retailing of merchandise, including consumables, seasonal, home products, and apparel. Its brands include Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo The company was founded by J. L.

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