Dollar General Corp. (NYSE:DG) EVP Robert D. Ravener sold 32,492 shares of the firm’s stock in a transaction that occurred on Tuesday, January 8th. The shares were sold at an average price of $111.63, for a total value of $3,627,081.96. Following the completion of the transaction, the executive vice president now owns 33,307 shares of the company’s stock, valued at approximately $3,718,060.41. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of NYSE:DG opened at $116.52 on Friday. The firm has a market cap of $28.59 billion, a price-to-earnings ratio of 25.95, a P/E/G ratio of 1.27 and a beta of 0.76. Dollar General Corp. has a 12-month low of $85.54 and a 12-month high of $118.45. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 0.22.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, December 4th. The company reported $1.26 earnings per share for the quarter, hitting 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 during the quarter, compared to analysts’ expectations of $6.38 billion. During the same quarter in the previous year, the business earned $0.93 earnings per share. The company’s revenue was up 8.7% on a year-over-year basis. As a group, research analysts anticipate that Dollar General Corp. will post 6.01 EPS for the current year.

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

Several hedge funds have recently bought and sold shares of the company. Advocacy Wealth Management Services LLC raised its stake in shares of Dollar General by 96.4% in the fourth quarter. Advocacy Wealth Management Services LLC now owns 271 shares of the company’s stock worth $29,000 after purchasing an additional 133 shares during the last quarter. North Star Investment Management Corp. raised its stake in shares of Dollar General by 28.0% in the fourth quarter. North Star Investment Management Corp. now owns 960 shares of the company’s stock worth $104,000 after purchasing an additional 210 shares during the last quarter. Welch Group LLC raised its stake in shares of Dollar General by 17.9% in the fourth quarter. Welch Group LLC now owns 2,893 shares of the company’s stock worth $313,000 after purchasing an additional 439 shares during the last quarter. Putnam Investments LLC raised its stake in shares of Dollar General by 0.4% in the third quarter. Putnam Investments LLC now owns 118,358 shares of the company’s stock worth $12,936,000 after purchasing an additional 485 shares during the last quarter. Finally, Legacy Capital Partners Inc. raised its stake in shares of Dollar General by 23.3% in the third quarter. Legacy Capital Partners Inc. now owns 2,650 shares of the company’s stock worth $290,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

A number of research analysts have recently commented on the company. BMO Capital Markets assumed coverage on Dollar General in a research note on Thursday. They issued an “outperform” rating and a $115.50 target price for the company. Buckingham Research assumed coverage on Dollar General in a research note on Tuesday, September 25th. They set a “buy” rating and a $125.00 price objective for the company. UBS Group reiterated a “buy” rating and set a $120.00 price objective (up previously from $110.00) on shares of Dollar General in a research note on Monday, October 15th. ValuEngine cut Dollar General from a “buy” rating to a “hold” rating in a research note on Wednesday, December 5th. Finally, Citigroup lowered their price objective on Dollar General from $133.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, December 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Dollar General has a consensus rating of “Buy” and a consensus target price of $111.03.

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Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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Insider Buying and Selling by Quarter for Dollar General (NYSE:DG)

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