Emily C. Taylor Sells 809 Shares of Dollar General Co. (NYSE:DG) Stock

Dollar General Co. (NYSE:DG - Get Free Report) EVP Emily C. Taylor sold 809 shares of the stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $94.72, for a total transaction of $76,628.48. Following the completion of the transaction, the executive vice president now owns 48,532 shares of the company's stock, valued at approximately $4,596,951.04. The trade was a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Dollar General Price Performance

Shares of DG traded up $1.98 during trading hours on Friday, reaching $89.11. 4,210,641 shares of the stock traded hands, compared to its average volume of 3,843,195. The company has a market cap of $19.60 billion, a P/E ratio of 14.68, a price-to-earnings-growth ratio of 2.18 and a beta of 0.40. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. The company's 50-day moving average price is $80.35 and its two-hundred day moving average price is $78.25. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $153.82.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.51 by $0.17. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The business had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.26 billion. During the same period in the previous year, the business earned $1.83 earnings per share. The business's revenue was up 4.5% on a year-over-year basis. On average, analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current year.

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Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General's payout ratio is currently 46.18%.

Hedge Funds Weigh In On Dollar General

Hedge funds have recently modified their holdings of the stock. First Eagle Investment Management LLC purchased a new position in shares of Dollar General during the fourth quarter valued at about $399,433,000. ACR Alpine Capital Research LLC increased its stake in Dollar General by 8,426.1% in the 4th quarter. ACR Alpine Capital Research LLC now owns 4,041,471 shares of the company's stock worth $306,424,000 after acquiring an additional 3,994,070 shares during the last quarter. Norges Bank bought a new stake in Dollar General in the 4th quarter worth approximately $140,421,000. Two Sigma Investments LP boosted its position in shares of Dollar General by 323.1% during the 4th quarter. Two Sigma Investments LP now owns 2,354,135 shares of the company's stock valued at $178,491,000 after acquiring an additional 1,797,776 shares during the last quarter. Finally, Pzena Investment Management LLC grew its holdings in shares of Dollar General by 14.9% in the fourth quarter. Pzena Investment Management LLC now owns 11,767,336 shares of the company's stock valued at $892,199,000 after purchasing an additional 1,528,450 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Melius Research upgraded shares of Dollar General from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th. Gordon Haskett cut shares of Dollar General from a "hold" rating to a "reduce" rating in a report on Wednesday. Truist Financial boosted their price objective on shares of Dollar General from $76.00 to $93.00 and gave the stock a "hold" rating in a report on Tuesday, April 8th. Bank of America cut their target price on Dollar General from $95.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. Finally, Morgan Stanley decreased their price target on Dollar General from $100.00 to $80.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Dollar General currently has a consensus rating of "Hold" and a consensus target price of $94.75.

Dollar General Company Profile

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