Argus restated their hold rating on shares of Dollar General (NYSE:DG) in a research report sent to investors on Thursday. The analysts noted that the move was a valuation call.

A number of other analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Dollar General from a buy rating to a hold rating in a report on Monday, December 11th. Deutsche Bank upgraded shares of Dollar General from a hold rating to a buy rating and increased their target price for the stock from $79.00 to $93.00 in a report on Wednesday, November 15th. Goldman Sachs Group reiterated a neutral rating and set a $89.00 target price on shares of Dollar General in a report on Tuesday, November 14th. Wolfe Research raised shares of Dollar General from an underperform rating to an outperform rating in a research note on Wednesday, December 20th. Finally, MKM Partners increased their price target on shares of Dollar General to $96.00 and gave the stock a buy rating in a research note on Monday, November 20th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of $91.98.

Shares of Dollar General (NYSE DG) opened at $98.26 on Thursday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.19 and a current ratio of 1.41. The firm has a market cap of $26,683.88, a PE ratio of 21.36, a PEG ratio of 1.63 and a beta of 1.00. Dollar General has a 1-year low of $65.97 and a 1-year high of $105.82.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, December 7th. The company reported $0.93 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.94 by ($0.01). The firm had revenue of $5.90 billion for the quarter, compared to analysts’ expectations of $5.80 billion. Dollar General had a return on equity of 22.58% and a net margin of 5.31%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.89 earnings per share. research analysts predict that Dollar General will post 4.5 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Monday, January 8th. Dollar General’s dividend payout ratio is 23.01%.

In other Dollar General news, SVP Michael J. Kindy sold 7,536 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $90.64, for a total transaction of $683,063.04. Following the completion of the transaction, the senior vice president now owns 7,578 shares of the company’s stock, valued at $686,869.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert D. Ravener sold 11,368 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $92.81, for a total transaction of $1,055,064.08. Following the transaction, the executive vice president now directly owns 22,598 shares of the company’s stock, valued at approximately $2,097,320.38. The disclosure for this sale can be found here. Insiders have sold 20,916 shares of company stock valued at $1,924,881 in the last ninety days. Insiders own 0.22% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cerebellum GP LLC bought a new stake in shares of Dollar General during the fourth quarter valued at approximately $130,000. Calton & Associates Inc. bought a new stake in shares of Dollar General during the fourth quarter valued at approximately $144,000. Benjamin F. Edwards & Company Inc. increased its position in shares of Dollar General by 104.9% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,153 shares of the company’s stock valued at $200,000 after acquiring an additional 1,102 shares in the last quarter. Intrust Bank NA bought a new stake in shares of Dollar General during the fourth quarter valued at approximately $202,000. Finally, Pineno Levin & Ford Asset Management Inc. bought a new stake in shares of Dollar General during the fourth quarter valued at approximately $205,000. 90.29% of the stock is owned by institutional investors.

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About Dollar General

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

Analyst Recommendations for Dollar General (NYSE:DG)

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