Dollar General Corp. (NYSE:DG)’s share price was down 7.5% during trading on Thursday following a weaker than expected earnings announcement. The company traded as low as $108.74 and last traded at $111.64. Approximately 11,270,929 shares traded hands during trading, an increase of 401% from the average daily volume of 2,250,119 shares. The stock had previously closed at $120.68.

The company reported $1.84 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.89 by ($0.05). Dollar General had a return on equity of 24.03% and a net margin of 7.24%. The firm had revenue of $6.65 billion for the quarter, compared to the consensus estimate of $6.61 billion. During the same period in the prior year, the business earned $1.48 EPS. Dollar General’s quarterly revenue was up 8.5% compared to the same quarter last year.

DG has been the topic of a number of research reports. Raymond James set a $127.00 price target on shares of Dollar General and gave the stock a “buy” rating in a report on Tuesday, February 26th. Morgan Stanley set a $115.00 price objective on shares of Dollar General and gave the company a “buy” rating in a research note on Wednesday, December 26th. ValuEngine upgraded shares of Dollar General from a “hold” rating to a “buy” rating in a research note on Wednesday, December 26th. Citigroup reduced their price objective on shares of Dollar General from $133.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, December 10th. Finally, Credit Suisse Group set a $108.00 price objective on shares of Dollar General and gave the company a “hold” rating in a research note on Tuesday, December 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have issued a buy rating to the company. Dollar General currently has a consensus rating of “Buy” and a consensus target price of $115.82.

In other news, EVP Robert D. Ravener sold 32,492 shares of the business’s stock in a transaction on Tuesday, January 8th. The shares were sold at an average price of $111.63, for a total transaction of $3,627,081.96. Following the completion of the transaction, the executive vice president now directly owns 33,307 shares in the company, valued at approximately $3,718,060.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.41% of the stock is owned by insiders.

A number of institutional investors have recently bought and sold shares of the business. Advocacy Wealth Management Services LLC raised its stake in shares of Dollar General by 96.4% during the fourth quarter. Advocacy Wealth Management Services LLC now owns 271 shares of the company’s stock valued at $29,000 after acquiring an additional 133 shares during the last quarter. WESPAC Advisors SoCal LLC bought a new position in shares of Dollar General during the fourth quarter valued at about $30,000. Whittier Trust Co. raised its stake in shares of Dollar General by 66.3% during the fourth quarter. Whittier Trust Co. now owns 291 shares of the company’s stock valued at $31,000 after acquiring an additional 116 shares during the last quarter. We Are One Seven LLC bought a new position in shares of Dollar General during the fourth quarter valued at about $35,000. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in shares of Dollar General by 282.0% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 382 shares of the company’s stock valued at $41,000 after acquiring an additional 282 shares during the last quarter. 96.00% of the stock is owned by institutional investors and hedge funds.

The company has a market cap of $31.44 billion, a P/E ratio of 24.86, a PEG ratio of 1.42 and a beta of 0.71. The company has a current ratio of 1.55, a quick ratio of 0.22 and a debt-to-equity ratio of 0.46.

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Dollar General Company Profile (NYSE:DG)

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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