Deutsche Bank Aktiengesellschaft Reiterates Hold Rating for Dollar General (NYSE:DG)

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Dollar General (NYSE:DG - Free Report) in a research report released on Monday, Marketbeat.com reports. They currently have a $80.00 price target on the stock, down from their prior price target of $90.00.

Several other brokerages have also recently issued reports on DG. Evercore ISI dropped their target price on Dollar General from $97.00 to $95.00 and set an "in-line" rating on the stock in a research report on Tuesday, December 3rd. Jefferies Financial Group reduced their target price on shares of Dollar General from $110.00 to $90.00 and set a "buy" rating for the company in a report on Friday, November 15th. Telsey Advisory Group lowered their price target on shares of Dollar General from $103.00 to $90.00 and set a "market perform" rating on the stock in a report on Monday, December 2nd. Barclays cut their price target on shares of Dollar General from $102.00 to $100.00 and set an "overweight" rating on the stock in a report on Thursday, January 9th. Finally, Wells Fargo & Company dropped their target price on Dollar General from $90.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $96.04.

Dollar General Trading Up 1.2 %

NYSE DG traded up $0.88 during trading on Monday, hitting $73.80. The stock had a trading volume of 2,614,923 shares, compared to its average volume of 3,445,074. Dollar General has a one year low of $66.43 and a one year high of $168.07. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. The stock has a market capitalization of $16.23 billion, a price-to-earnings ratio of 12.16, a P/E/G ratio of 2.18 and a beta of 0.44. The stock has a 50 day simple moving average of $73.20 and a 200 day simple moving average of $80.23.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.08). The firm had revenue of $10.18 billion during the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $1.26 EPS. Sell-side analysts predict that Dollar General will post 5.75 earnings per share for the current year.

Insider Transactions at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 4,740 shares of Dollar General stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $77.44, for a total transaction of $367,065.60. Following the completion of the transaction, the executive vice president now owns 15,575 shares in the company, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael M. Calbert sold 6,000 shares of the company's stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the sale, the director now directly owns 120,322 shares in the company, valued at approximately $9,056,636.94. The trade was a 4.75 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.49% of the company's stock.

Hedge Funds Weigh In On Dollar General

A number of hedge funds have recently made changes to their positions in DG. Altshuler Shaham Ltd purchased a new stake in shares of Dollar General in the fourth quarter worth about $25,000. IMG Wealth Management Inc. acquired a new position in shares of Dollar General in the 4th quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB acquired a new position in Dollar General during the 3rd quarter worth $33,000. Providence First Trust Co bought a new position in shares of Dollar General during the fourth quarter worth about $33,000. Finally, Ameriflex Group Inc. bought a new position in Dollar General during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 91.77% of the company's stock.

About Dollar General

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.