Dollar General (NYSE: DG) recently received a number of ratings updates from brokerages and research firms:

  • 1/11/2019 – Dollar General had its price target raised by analysts at Wells Fargo & Co from $118.00 to $129.00. They now have an “outperform” rating on the stock.
  • 1/10/2019 – Dollar General is now covered by analysts at BMO Capital Markets. They set an “outperform” rating and a $115.50 price target on the stock.
  • 1/9/2019 – Dollar General had its price target raised by analysts at JPMorgan Chase & Co. to $123.00. They now have an “overweight” rating on the stock.
  • 12/26/2018 – Dollar General was given a new $115.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 12/26/2018 – Dollar General was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/10/2018 – Dollar General had its price target lowered by analysts at Citigroup Inc from $133.00 to $120.00. They now have a “buy” rating on the stock.
  • 12/5/2018 – Dollar General was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 12/4/2018 – Dollar General was given a new $108.00 price target on by analysts at Credit Suisse Group AG. They now have a “hold” rating on the stock.
  • 11/28/2018 – Dollar General was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Dollar General have showcased a bullish run in a year and outpaced the industry. The stock has the potential to scale higher with solid prospects, brand recognition and earnings outlook likely to act as propellants. The second-quarter fiscal 2018 performance is the testimony of the same. The company’s commitment toward better pricing, private label offering, effective inventory management, and merchandise and operational initiatives should drive sales and margins. These along with a compelling store growth story at convenient locations and focus on consumable products lend the company an edge. However, any deleverage in SG&A rate owing to higher labor expenses, occupancy costs and utilities expenses might impact margins. Moreover, increasing threat from online retailers on parameters such as same-day delivery and pricing cannot be ignored. Not to forget, a cut in SNAP benefit may also weigh on the performance.”
  • 11/26/2018 – Dollar General was given a new $108.00 price target on by analysts at Credit Suisse Group AG. They now have a “hold” rating on the stock.

Shares of Dollar General stock opened at $116.06 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 1.55. The company has a market capitalization of $30.36 billion, a price-to-earnings ratio of 25.85, a P/E/G ratio of 1.35 and a beta of 0.76. Dollar General Corp. has a one year low of $85.54 and a one year high of $118.45.

Dollar General (NYSE:DG) last posted its earnings results on Tuesday, December 4th. The company reported $1.26 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.26. Dollar General had a return on equity of 24.03% and a net margin of 7.24%. The firm had revenue of $6.42 billion for the quarter, compared to analysts’ expectations of $6.38 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. The business’s revenue was up 8.7% compared to the same quarter last year. As a group, equities analysts expect that Dollar General Corp. will post 6.01 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 22nd. Stockholders of record on Tuesday, January 8th will be paid a dividend of $0.29 per share. The ex-dividend date is Monday, January 7th. This represents a $1.16 annualized dividend and a dividend yield of 1.00%. Dollar General’s dividend payout ratio (DPR) is presently 25.84%.

In related news, EVP Robert D. Ravener sold 32,492 shares of Dollar General stock in a transaction that occurred on Tuesday, January 8th. The stock was sold at an average price of $111.63, for a total transaction of $3,627,081.96. Following the sale, the executive vice president now directly owns 33,307 shares in the company, valued at $3,718,060.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Cornerstone Investment Partners LLC boosted its holdings in Dollar General by 32.5% in the fourth quarter. Cornerstone Investment Partners LLC now owns 666,657 shares of the company’s stock worth $72,052,000 after acquiring an additional 163,407 shares in the last quarter. Carroll Financial Associates Inc. lifted its holdings in shares of Dollar General by 70.5% during the fourth quarter. Carroll Financial Associates Inc. now owns 735 shares of the company’s stock valued at $83,000 after purchasing an additional 304 shares in the last quarter. Fenimore Asset Management Inc. lifted its holdings in shares of Dollar General by 0.6% during the fourth quarter. Fenimore Asset Management Inc. now owns 360,091 shares of the company’s stock valued at $38,919,000 after purchasing an additional 2,306 shares in the last quarter. First Hawaiian Bank lifted its holdings in shares of Dollar General by 93.7% during the fourth quarter. First Hawaiian Bank now owns 13,566 shares of the company’s stock valued at $1,466,000 after purchasing an additional 6,563 shares in the last quarter. Finally, Hexavest Inc. lifted its holdings in shares of Dollar General by 4.2% during the fourth quarter. Hexavest Inc. now owns 505,778 shares of the company’s stock valued at $54,664,000 after purchasing an additional 20,354 shares in the last quarter. 95.04% of the stock is currently owned by institutional investors and hedge funds.

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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