Dollar General Co. (NYSE:DG) EVP Emily C. Taylor Sells 4,740 Shares

Dollar General Co. (NYSE:DG) EVP Emily C. Taylor sold 4,740 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $77.44, for a total value of $367,065.60. Following the transaction, the executive vice president now directly owns 15,575 shares in the company, valued at approximately $1,206,128. This represents a 23.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Dollar General Stock Performance

Dollar General stock opened at $75.35 on Tuesday. Dollar General Co. has a fifty-two week low of $72.12 and a fifty-two week high of $168.07. The stock’s 50 day simple moving average is $78.97 and its two-hundred day simple moving average is $100.76. 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 cap of $16.57 billion, a price-to-earnings ratio of 12.41, a PEG ratio of 2.37 and a beta of 0.44.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.08). The firm had revenue of $10.18 billion for the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.26 earnings per share. As a group, analysts expect that Dollar General Co. will post 5.77 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, January 7th. This represents a $2.36 annualized dividend and a dividend yield of 3.13%. Dollar General’s payout ratio is 38.88%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Studio Investment Management LLC increased its stake in shares of Dollar General by 117.7% during the second quarter. Studio Investment Management LLC now owns 283 shares of the company’s stock valued at $37,000 after purchasing an additional 153 shares in the last quarter. Quarry LP bought a new position in Dollar General during the 2nd quarter valued at approximately $46,000. Pathway Financial Advisers LLC raised its stake in Dollar General by 30.6% during the second quarter. Pathway Financial Advisers LLC now owns 376 shares of the company’s stock valued at $50,000 after buying an additional 88 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Dollar General during the third quarter valued at $33,000. Finally, Crewe Advisors LLC boosted its holdings in Dollar General by 73.9% in the second quarter. Crewe Advisors LLC now owns 447 shares of the company’s stock worth $59,000 after acquiring an additional 190 shares in the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DG has been the topic of a number of analyst reports. Oppenheimer reiterated a “market perform” rating on shares of Dollar General in a research report on Monday, August 26th. Evercore ISI decreased their price objective on Dollar General from $97.00 to $95.00 and set an “in-line” rating on the stock in a report on Tuesday, December 3rd. Wells Fargo & Company dropped their target price on Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. HSBC decreased their price target on Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a research note on Friday, November 15th. Finally, Telsey Advisory Group dropped their price objective on Dollar General from $103.00 to $90.00 and set a “market perform” rating for the company in a research note on Monday, December 2nd. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Dollar General currently has a consensus rating of “Hold” and a consensus price target of $98.27.

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.