Dollar General (NYSE:DG – Get Rating) has been assigned a “moderate by” consensus recommendation by 17 analysts covering the company, Marketbeat.com reports. Four equity research analysts rated the stock as Hold, eight Buy, and one Strong Buy to the company. Last year, the average 12-month target price for brokerages that issued stock ratings was $271.77.
Recently, a number of equity research analysts have published reports on DG stock. Credit Suisse Group began covering Dollar General stock in its research notes on Monday, December 19th. They issued a “neutral” rating and a price target of $260.00. Deutsche Bank Aktiengesellschaft raised its price target for Dollar General to $293.00 from his $265.00 in a research report on Tuesday, November 29. Oppenheimer raised his price target for Dollar General from $275.00 to $285.00 in a research report on Monday, November 28, giving the company an “outperform” rating. Morgan Stanley lowered its price target for Dollar General shares from his $270.00 to $260.00 in a research report on Monday, Dec. 5, setting the company’s rating to “overweight.” Finally, in a research report on Friday, December 2nd, Trust Financial lowered its price target for Dollar General stock to $237.00 from $262.00 and placed the company’s rating on hold.
Insider trading on Dollar General
In another Dollar General news, director Warren F. Bryant sold 1,951 shares of the company in a trade on Wednesday, Jan. 4. The shares sold at an average price of $243.93, giving him a total of $475,907.43. After the transaction, the directors now own 38,269 shares of the company, valued at $9,334,957.17. The sale is disclosed in filings with the Securities and Exchange Commission, which can be accessed on his website at the SEC. A corporate insider owns his 0.73% of the company’s shares.
institution inflow and outflow
A number of institutional investors and hedge funds have recently bought and sold shares of DG. Vanguard Group Inc. raised its shares in Dollar General by 0.7% in the first quarter. Vanguard Group Inc. now owns 18,135,446 shares worth $4,037,495,000 after acquiring an additional 125,589 of his shares last quarter. Capital World Investors upped his position in Dollar General shares by 8.8% in the first quarter. Capital World Investors now owns 16,878,089 shares of the company worth $3,757,569,000 after purchasing an additional 1,369,299 of his shares during the previous quarter. State Street Corp increased his position in Dollar General shares by 0.5% in the third quarter. State Street Corp now owns 9,075,749 shares worth $2,176,909,000 after purchasing an additional 46,656 shares during the previous quarter. Capital International Investors increased its position in Dollar General stock by 20.1% in the first quarter. Capital International Investors now owns 8,619,276 shares of the company worth $1,919,292,000 after purchasing an additional 1,442,731 shares during the previous quarter. Finally, FMR LLC increased its position in Dollar General shares by 25.5% in the second quarter. FMR LLC now owns 7,002,653 shares worth $1,718,731,000 after purchasing an additional 1,424,310 shares during the previous quarter. Hedge funds and other institutional investors own 90.73% of the company’s shares.
dollar composite price performance
Dollar General shares Friday opened at $248.56. The company has a market capitalization of $55.57 billion, a PE ratio of 24.16, a price/earnings ratio of 2.01, and a beta of 0.39. The company has a 50-day simple moving average of $249.07 and a 200-day simple moving average of $246.84. The company has an equity ratio of 0.98, a quick ratio of 0.13 and a current ratio of 1.23. His one-year low for Dollar General is $183.25 and his one-year high is $262.20.
Notice of US dollar general dividend
The company recently announced a quarterly dividend payable on Tuesday, January 17th. Dividends of $0.55 per share will be issued to shareholders of record on Tuesday, January 3. The ex-dividend date is Friday, December 30. This represents his $2.20 dividend and his 0.89% dividend yield on an annual basis. Dollar General’s dividend payout ratio is 21.38%.
Dollar General Company Profile
Dollar General Corporation, a discount retailer, offers a variety of products in the Southern, Southwest, Midwest, and Eastern United States. We offer consumables including paper and cleaning products such as paper towels, bath tissues, paper utensils, garbage bags, storage bags, sanitizers and laundry supplies. Packaged foods containing cereals, pastas, canned soups, fruits and vegetables, condiments, spices, sugar and flour. Perishables include milk, eggs, bread, chilled and frozen foods, beer and wine.
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